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Even though Nifty has started trading out of the wedge, RSI is still inside the range and there is a huge possibility that it reverses. Shrinkage in Day Candles size can be seen, which is suggesting that in the coming days there will be a huge move. The P/E ratio (at 10760) is almost near to the P/E at Nifty Life High (12430).
5
Container Corp - Looks Bullish, Its at its 52Weeks High and nearing its life high. Fib - 100% (5Years Duration) is 623 Fib - 161.8% is 1008 The chart also shows many patterns: - Rounded Bottom - W Pattern
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