做多

RGL retest support and bounce now

RGL RGL

Time Frame – Monthly

Observations: -
* Consolidation & range formation seen in 115-82 range.
* Monthly closed above 115 must for range breakout
* Above average volume activity seen in this consolidation now
* Price retest the April 2021 breakout level and consolidating above that level
* Trend changed expect from consolidation to upside once monthly close above 115

Resistance – 133 / 155 / 183 / 218.20

Support – 82 level

DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.

Chart_World

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