Shyam Metalics : Downtrend Reversal and Weekly Breakout

The weekly candle breakout in stock.

- since listing gain, the stock in downward with trendline resistance.
- this week bullish candle indicated a clear reversal in trend and upward price movement in stock.
- price closed above EMA 200 in daily chart after positively retested the breakout level.

Plan your target and stop loss as per capital allocation and risk appetite.

Thanks
-AJ