BASILIC FLY ready to FLY!!!A flag and pole pattern! The stock recently gave a fakeout trapping bulls! Its an opportunity for the buyers who missed the lower levels! Gonna keep this stock in watch till it sustains above 600! Longby ojha_gaurav2
Basilic Fly StudioBasilic came out of consolidation on 3 Jan 24 and ran almost 40%, which we were able to completely eat out and exit almost at top. Since then the stock has been consolidating in a downward channel and waiting to breakout the channel. Ashish Kacholia picked up stake in Dec 2023, so as at 28 March 2024, he is also sitting at almost no P/L, if at all he is holding the stock till 28 March 2024. Update 2/4/24 - Stock broke out of the downward sloping trendline. Consider building a position. Longby chARTronicsIndia1