~ Transformed into a double bottom base
~ Would like to see some consolidation around pivot of 3600 before a breakout
#stocks #equity #trading #investing #nse #nifty
SAREGAMA at a very important juncture now on the monthly chart considering today's close is also a monthly close.
— Saket Reddy (@saketreddy) May 31, 2021
Nearing a breakout from over a 10 year supply zone! https://t.co/qpsSn3obrE pic.twitter.com/1xTmB6WvhK
SAREGAMA
— Saket Reddy (@saketreddy) June 30, 2021
Today's closing is a monthly close and this is done & dusted, we now have a solid monthly close above the 10 year supply zone.
If the stock has broken out from a 10 year supply zone & a 20 year peak, surely something would've changed!
Do study the industry structure! https://t.co/zA3qztFzon pic.twitter.com/Ld5RVz6CRy