Geometric Limited is looking attractive according to Technical
aspects. The company had managed to break the downtrend channel. I would not
recommend to Buy at this level as RSI is “not” showing +ve signals. It would be
better if we buy it after a short correction. As geometric have started testing
resistance, it would be better if we buy after correction. Geometric have “not”
shown any reversal.
As MACD is bit
strong, I feel we may spot a BARR- Bump & Run Reversal. I am confident on
my analysis.
“Wait, Watch and Hunch”
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