ALPHAGEO has a very small market cap of 153 Cr .
So please be cautious this stock can give violent moves
Wait for a decisive breakout above 260
Price is respecting resistance of 240
This is the 7th time price is at resistance
Looks resistance is weakening up might give breakout
SL 200
TP 360/450
We can see RSI divergence long term RSI is getting stronger but the price is still at the same levels
Also, the insider is buying that also gives confidence.
So please be cautious this stock can give violent moves
Wait for a decisive breakout above 260
Price is respecting resistance of 240
This is the 7th time price is at resistance
Looks resistance is weakening up might give breakout
SL 200
TP 360/450
We can see RSI divergence long term RSI is getting stronger but the price is still at the same levels
Also, the insider is buying that also gives confidence.