The stock has formed a strong Mirror Image Pattern along with a Double Bottom formation, indicating a potential trend reversal after a prolonged correction phase.
The support zone around 340–350 has been tested multiple times and has shown strong buying interest, strengthening the bullish structure.
A sustained move above the key resistance zone of 480–500 would confirm the pattern and could trigger a significant upside move towards 700 and higher levels.
Bullish view remains intact as long as the support zone holds.
View invalid below the support zone.
Thank You !!
The support zone around 340–350 has been tested multiple times and has shown strong buying interest, strengthening the bullish structure.
A sustained move above the key resistance zone of 480–500 would confirm the pattern and could trigger a significant upside move towards 700 and higher levels.
Bullish view remains intact as long as the support zone holds.
View invalid below the support zone.
Thank You !!
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.