KRSNAA DIAGOSTIC, the stock has shown a strong bullish signal. The breakout from the cup and handle pattern suggests that there's a potential for a significant price increase. However, to confirm this and reduce risk, it's recommended to wait for a retest. A retest occurs when the price temporarily retraces back to the previously broken resistance level (now support) before resuming its upward movement. This retest can provide a buying opportunity at a potentially lower price point.
I'm not a SEBI-registered analyst. All posts and levels shared are just for educational purposes. I'm not responsible for any losses or profits. No claims, all rights reserved
I'm not a SEBI-registered analyst. All posts and levels shared are just for educational purposes. I'm not responsible for any losses or profits. No claims, all rights reserved
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.