Sharp bullish move followed by downward sloping consolidation is showing a classic bullish flag on SAZGAR ENGINEERING WORKS.
according to the RSI value which is still lower than 50 percent, the traders and investors should wait for the breakout above 1119.24.
RSI = 43.56: Indicates weak momentum; not yet bullish. as the momentum and volumes are still low.
according to the RSI value which is still lower than 50 percent, the traders and investors should wait for the breakout above 1119.24.
RSI = 43.56: Indicates weak momentum; not yet bullish. as the momentum and volumes are still low.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.