WEEKLY CHART
DAILY CHART
- Sesa Goa weekly chart is showing a flag pattern.
- This is a bullish continuation pattern but the daily chart is looking weak. Price is trading below 50 DMA.
- So for now a move towards 50 DMA can be expected.
- Big breakout can happen only if the stock breaks above 50 DMA and the resisting trend line.
- Breaking below the weekly support line will be negative.
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