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DevabratAcharya

Everest: A New High after a Series of Declines?

EVEREST INDUSTRIES (NSE:EVERESTIND)  
DevabratAcharya  
NSE:EVERESTIND   EVEREST INDUSTRIES
Trend Analysis Chart Patterns everest
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trendanalysis chartpattern everest
A breakout occurred after a series of declines.
The Price is trending above its 20-day moving average.
The good thing is that the price is still above the 200-day moving average.
The breakout candle has proper volume , so it can't be called a fake breakout
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