Green Hills Analysis

Saturday 11 March 2017

PRICOL LTD Analysis on 12/03/2017

Full Analysis of  PRICOL LTD .


WEEKLY CHART

In weekly chart we have seen that the stock has moved very higher after previous peak breakout and the it made reversal pattern from the top .Now it has come to to demand zone where we have getting msny confluences like Fib 50 Support , RSI oversold , Doji candle and Volume Expansion of buying which indicates trend continuation.

MONTHLY CHART

In recent months we have seen the breakout of level 70 on this stock and  given the overextended rally up to 130-132 levels.
Now it has given the retracement which is looking completed by looking at weekly chart.



We are expecting here a very big rally on this stock  up to 160 to 165 levels .






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