SIMBHAOLIS is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly and weekly. You can see volume has been increasing recently. It has been forming a rounding bottom & cup & handle pattern. It has broken a trendline and retested it. It looks like its been consolidating between 27 to 32 zone. If it retraces 28-29 levels, it would be an excellent entry-level and can trade for a 1:4 risk-to-reward ratio.
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