A head formed on 18 oct 2021 with two shoulders. Left formed on 27 sept '21 making a high at 195.50, similarly right formed on 09 Nov '21 at 221.60.
the neckline, however, is not so clear but somehow formed at 206.60 and tries to recovers at 207.10 with vol buying of 797.047 but utimately falls on 206.05 on 25th of nov. The record selling and short selling of 7.644 millions of shares was seems increadible.
THE GAIN PERSPECTIVE
An upward trend had been seen from 29th Nov to 06th of Dec with 66 positive bars and 8.48 % returns from the lows.
the forward movement will be 7.06% to 7.15% if the base is taken as on 07th dec 14:15.
INDHOTEL
the neckline, however, is not so clear but somehow formed at 206.60 and tries to recovers at 207.10 with vol buying of 797.047 but utimately falls on 206.05 on 25th of nov. The record selling and short selling of 7.644 millions of shares was seems increadible.
THE GAIN PERSPECTIVE
An upward trend had been seen from 29th Nov to 06th of Dec with 66 positive bars and 8.48 % returns from the lows.
the forward movement will be 7.06% to 7.15% if the base is taken as on 07th dec 14:15.
INDHOTEL