General insurance corporations: breakout and retesting
Very fair valuation insurance Co.
All technical Parameters are good to enter at this price.
Trading above all important moving average.
Recently, it broken the consolidation range and come out with massive volume.
Now,market is awaiting the Qtrly result on 28 may 24.
If result comes in favor of market expectations ,then it will give 20-25%within few weeks.
In 4H ,RSI is under overbought zone.
Any opportunities to Add 355- 360.add in small qty.
If post good result, then add more qty.
All technical Parameters are good to enter at this price.
Trading above all important moving average.
Recently, it broken the consolidation range and come out with massive volume.
Now,market is awaiting the Qtrly result on 28 may 24.
If result comes in favor of market expectations ,then it will give 20-25%within few weeks.
In 4H ,RSI is under overbought zone.
Any opportunities to Add 355- 360.add in small qty.
If post good result, then add more qty.
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