Everest Kanto can see a 52-week low: Rohit Shinde, Nimbus Wealth Management
Everst Kanto can test 91 which is around 52-week low.
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| Rohit Shinde, Head Technical Research, Nimbus Wealth Management, in a chat with ET Now talks about Everest Kanto.
What are your thoughts on Everest Kanto?
At the end of October, it was around 136 levels and it cracked down. I am seeing this on the weekly charts also. It went down to 110 levels, from there again it had slid down to 110 close levels now. This time around, if it is not able to take out approximately 145 levels in this up move or maybe close to that also, it can go and in fact test 91 which is around 52-week low also.
What are your thoughts on Everest Kanto?
At the end of October, it was around 136 levels and it cracked down. I am seeing this on the weekly charts also. It went down to 110 levels, from there again it had slid down to 110 close levels now. This time around, if it is not able to take out approximately 145 levels in this up move or maybe close to that also, it can go and in fact test 91 which is around 52-week low also.
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