MEGHAMANI ORGANICS Daily Chart Pattern 27.11.2021

MEGHAMANI ORGANICS as per daily chart pattern analysis is in the down trend channel and so far it tried twice to break the resistance level and thrice taken the support level. And on 26.11.2021 it has made strong candle. After breaking the channel once it crosses above 118 level then target 125 level. Considering market weakness be carefull in entering any new stocks as its all under correction. Keep short target and exit the positions to keep your capital safe.