Searle Analysis

Wait 5 sec.

Searle Analysis THE SEARLE COMPANY LTDPSX_DLY:SEARLForever-LearnerSearle taking resistance from the trendline and Fib 0.382 level. It has tested the trendline and Fib 0.382 twice and got rejected. It can take support from MA100 (104) and try once again. to break the trendline. On a bigger view, it is making a symmetric triangle. Once it breaks this triangle, price will move towards next levels. Target as per symmetric triangle can be 227 - 230 (Fib 0.786 level). However, this may take some time and fundamental turn around will drive it.