Network 18

Hello and welcome to this analysis

After 13 years of downtrend its now trying to consolidate and form a higher low (March 2023) with the all time low made in March 2020.

Stock is currently on a pullback of its trend line breakout with support at 40-36 and immediate resistance between 62-72.

Sustaining above 72 it could rally till 125-170-270. While failure to hold 31-30 could lead further selling pressure.