PB Fintech attempts recovery after first major correction

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Topic Statement:
PB Fintech Ltd (PolicyBazaar) is recovering from its first significant correction following a steady bull run, with price action now approaching key resistance levels.

Key Points:
1. The stock retraced to the 50% Fibonacci level at 1300, where it found strong support and began to stabilize
2. A wedge candlestick pattern is forming, and a breakout in either direction could determine the next trend
3. The price faces stiff resistance at the 2000 mark, which may act as a ceiling unless bullish momentum drives a breakout

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.