Hello Everyone,
SKNL today has closed at 58.1. Since last 25 trading days stock is making higher bottoms. Stock is moving with constant line of supply and rising line of demand. Here I am presenting the technical chart of SKNL.
{Click the chart. After opening of the chart page, click icon below the chart on the right side. This will expand the chart to normal size for best view}
The pattern which I have underlined is of "Ascending Triangle". Still some blank space has to be filled or the stock has to cross this level of 58 with volumes and conviction. That will be a "Breakout".
Strong close above today's level will propel the stock to 62 plus.
Kishore
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