AGC Network CMP 77.6
-- From Jan 2013 top of 236.5 it went to low of 44 MAY 14
From there it went to high of 157.5 May 15, only to retrace to 54.5 Feb 16 ( higher low 44 ---> 54.5 )
On 9 Aug it again started uptrend & went to high of 100.4 on 12 Sep.
In just 5 weeks it almost doubled.
Hence now it has started giving retracement.
Today it gave trend reversal on monthly chart & sell signal on weekly chart.
Expect it to go below 74.
Keep one thing in mind it has given higher low hence it is expected to give higher high.
Higher than last top ( 157.5 -----> 236.5 )
The market does speak ...... we only have to listen.
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