Observations:- * Stock trading in long term Broadening Wedge Pattern * Good Consolidation/Accumulation & Range formation done b/w 125 - 58 zone * Symmetrical Triangle BO already done in August month with high volume * Today Range & Consolidation BO done on daily chart with high volume * Today break the weekly 200 SMA of 113.30 (for confirmation wait for weekly closing) * Weekly & Monthly closing above 125 will confirm the structure change
Resistance – 170 / 280 / 386 / 447.70
Support –Weekly 200 SMA & 85-100 zone
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