Chart Analysis :
Price sustaining and breaking out above its major resistance of 2895-2910 zone. Price made a long consolidation of 67 weeks/ 15months and now breaking out.
Daily close above 2910-2920 will confirm breakout and can be considered for long.
Key Levels:
Entry level : Above 2920
Targets : 3000 psychologically imp level can move more if breaks out above 3000 (Trailing with day low SL post breakout is the suggested strategy)
StopLoss : Day close below 2820
Disclaimer:
I am not SEBI registered. This analysis is for educational purposes only and not investment advice. Please do your own research before trading or investing.
Price sustaining and breaking out above its major resistance of 2895-2910 zone. Price made a long consolidation of 67 weeks/ 15months and now breaking out.
Daily close above 2910-2920 will confirm breakout and can be considered for long.
Key Levels:
Entry level : Above 2920
Targets : 3000 psychologically imp level can move more if breaks out above 3000 (Trailing with day low SL post breakout is the suggested strategy)
StopLoss : Day close below 2820
Disclaimer:
I am not SEBI registered. This analysis is for educational purposes only and not investment advice. Please do your own research before trading or investing.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.