FSL - Distribution of Accumulation
FSL is making a channel formation since Last year
The trend is bounded by two upward sloping trendline
Channel usually shows continuation
On downside, Support is at 325 levels which was recently tested
Now, if it sustains we may see rebound to 400+
On the other hand, Stock formed similar pattern in 2021 and corrected.
Keep a watch on FSL A break above 360 can push to 400+ while below 325, a fall may come!
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