Stock :- Supriya Lifescience Ltd.
cmp :- 260.70
About :- Established in the year 1987, Supriya Lifescience Ltd. is a global leading manufacturer of Active pharmaceutical Ingredients
TECHNICAL ANALYSIS CHART 👇👇(DAILY TIME FRAME )
OBSERVATION :
- In the chart above, you can see that the stock is in a downtrend, as it is making lower lows and lower highs. (overall stock has made a low of 170)
- showing a good reversal around 170 levels stock has recently shown a good upside moment & trading near its TRENDLINE around (250-260), once the trendline get breakout above 270 levels stock can show upside moment.
- we may expect (290/320/345/375) levels for short term.
- You may add this to your watchlist to understand further price action.
You may add this to your watchlist to understand further price action.
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Note : It's important to note that the pattern is just one of many chart patterns used in technical analysis, and traders should always use multiple indicators and techniques to confirm their analysis before making trading decisions
Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
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