Bedmutha - Flag pattern is nearing completion!

2 Kas

Bedmutha gave fantastic breakout around mid-70s to about 300 level during last year, and since then it is consolidating. It is now consolidating for 8-9 months. Stock has recently shown spike of movement in its sleeping volume bars as well.

Bedmutha is yet to give a breakout and unless that is done this stock can sleep for a few more months. Watch this stock for a strong breakout and then 20-50% return in a quick spell.

Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.

CMP: 217