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SHRIHARII

ELIN - 1.5 Years Downtrend / Consolidation Breakout

Long
ELIN ELECTRONICS LTD (NSE:ELIN)  
SHRIHARII  
NSE:ELIN   ELIN ELECTRONICS LTD
Trend Analysis Chart Patterns Beyond Technical Analysis downtrendbreak longconsolidation breakout consolidationbreakout VOLUMEBREAKOUT moving_average momentumstrategy buy
3
0
trendanalysis chartpattern beyondta downtrendbreak longconsolidation breakout consolidationbreakout volumebreakout moving_average momentumstrategy buy
Elin Electronics Ltd

1) Time Frame - Weekly.
2) The Stock has been Consolidating since (February, 2023). Now It has given a Consolidation breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may reach it's previous Life Time High (245 - 17.50% from the price 208.32).
4) Recommendation - Strong Buy.
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