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BECTORFOOD round bottom & trendline BO

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NSE:BECTORFOOD   MRS BECTORS FOOD SPE LTD
BECTORFOOD BECTORFOOD

Time Frame – Weekly

Observations:-
* Round bottom formation done
* Trendline resistance break with good volume
* DII increased the stake from 4.29 to 13.73 in June Quarter
* Promoters also increased the stake from 51.07 to 51.11 in June Quarter


Resistance – 410 / 465 / 520 / 624

Support –340 – 325 zone & Daily 200 SMA


DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.

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