Hello and welcome to this analysis
In the monthly time frame we can see two parallel channels running the path. The first one is a wider rising channel which has now come down to its lower end of the channel after completing a 1.6x fibonacci target. The second one is the narrower falling channel from its peak.
The decline appears to have come to a halt at the confluence of both the channels and after a brief period of consolidation its showing signs of resumption of uptrend.
SIP / accumulation between 2350-2700 with 2200 as failure of structure (channel will break below) for upside possibilities of 3500 and ATH appear a possibility.
A decent risk reward ratio for medium to long term investing.
In the monthly time frame we can see two parallel channels running the path. The first one is a wider rising channel which has now come down to its lower end of the channel after completing a 1.6x fibonacci target. The second one is the narrower falling channel from its peak.
The decline appears to have come to a halt at the confluence of both the channels and after a brief period of consolidation its showing signs of resumption of uptrend.
SIP / accumulation between 2350-2700 with 2200 as failure of structure (channel will break below) for upside possibilities of 3500 and ATH appear a possibility.
A decent risk reward ratio for medium to long term investing.
註釋
ERRATA ... Team Lease Services not Finance as mentioned earlier
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。