Medico Can it hold support line?Medico is on support line
RSI: below 35 showing weak strength. If it holds can move up to the resistance level marked on chart. Price closing below 200 and 50 EMA can retest 200 Ema in few days.
Sup 1: 44
Sup 2: 35
MEDICO trade ideas
MedicoStock name = Medico Remedies Limited.
DAILY chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
