Time Frame – Weekly
Observations:-
* Descending right angel broadening wedge pattern breakout with good volume on weekly chart above 140
* Trading in parallel channel
* Monthly breakout on chart
* Gap resistance near 237-225
Resistance – 175 / 210 / 237 / 255
Support – 140-133 zone & 105-115 zone & Weekly 200 SMA
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.
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