There is 1 year long Double Bottom Adam & Eve in MTNL. Surprisingly this the most perfect Double Bottom I have ever seen( in real charts ofc).
Pros are-
1. Volume is good
2. Pattern is good
3. Breakout is just about to happen
4. Some other indicators are bullish
Con is-
1. RSI in Weekly timeframe is as high as it can reach!!
I am not a Financial Advisor( It is other thing that I want to become one~(˘▾˘~)
Just a mere prediction which needs your own research. Enjoy.
P.S. The RSI thing, I exaggerated it, it's around 80(still very high)
Pros are-
1. Volume is good
2. Pattern is good
3. Breakout is just about to happen
4. Some other indicators are bullish
Con is-
1. RSI in Weekly timeframe is as high as it can reach!!
I am not a Financial Advisor( It is other thing that I want to become one~(˘▾˘~)
Just a mere prediction which needs your own research. Enjoy.
P.S. The RSI thing, I exaggerated it, it's around 80(still very high)