SARDA ENERGY

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  • Prices have decisively moved past its prior all time high of 1360.
  • This means stock is likely to continue its up-trend and test at least the 161.8% FR level resistance at 1760.
  • Monthly RSI is yet to touch the oversold zone, which means there is scope for more rally.
  • Bullish view remains intact as long as price stays above 1200.
Nota
Price is testing its first possible resistance at the 161.8% FR level! Can expect profit booking here!
Chart PatternsTechnical IndicatorsTrend Analysis

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