Carysil Limited
Panjang

Carysil - Can it sustain the uptrend?

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Carysil BrokeOut of the horizontal resistance zone and also angular resistance zone with huge volume, last week. The stock surged by 11.59%. Short-term EMAs are still in PCO state which is showing a bullish trend.

With good quarterly earning, the stock may surge further and may reach 1048 levels & thereafter may make new ATHs if the price-action sustains. On the downside, we may see the levels of 768.

Watch-out for next week's price-action.

Penafian

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