Reversal is here

Multiply is in a strong down trend for ages now, people are tired to see it RED on daily basis although its one of the top traded stock with solid fundamentals but still its struggling. For now we can see some fresh signs of reversal right at 2.45 area still this is not a uptrend there are chances it may hit the resistance get rejected and go below 2.45 I am expecting a double bottom chart pattern once it hits the resistance and comes back for a correction. For now early bird entries can be planned with quick exits for short term gains.

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