BECTORFOOD is showing strength on the daily chart after a prolonged consolidation. The price has formed a rounding bottom structure and is currently testing a key resistance zone.
🔍 Key Observations:
RSI has crossed the 55 level, indicating possible momentum buildup
Volume is rising along with price movement
200 EMA near ₹1480–1500 zone is acting as resistance
Traders and learners should observe how price behaves near this resistance. A close above this zone may indicate continuation of upward trend, while rejection may lead to consolidation or pullback.
🚫 No trading advice is being given here. This is only a technical chart study for educational discussion.
🔒 Disclaimer:
I am not a SEBI-registered advisor. This content is purely for educational and informational purposes. Please do your own research or consult a registered financial advisor before making any decisions.
🔍 Key Observations:
RSI has crossed the 55 level, indicating possible momentum buildup
Volume is rising along with price movement
200 EMA near ₹1480–1500 zone is acting as resistance
Traders and learners should observe how price behaves near this resistance. A close above this zone may indicate continuation of upward trend, while rejection may lead to consolidation or pullback.
🚫 No trading advice is being given here. This is only a technical chart study for educational discussion.
🔒 Disclaimer:
I am not a SEBI-registered advisor. This content is purely for educational and informational purposes. Please do your own research or consult a registered financial advisor before making any decisions.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。