Time Frame – Weekly
Observations:-
* Trading in Right-Angled Ascending Broadening Wedge pattern
* ATH Breakout above 458.05
* Symmetrical Triangle BO and small range (395-345) BO done last week
* Good Consolidation & Range formation going on in 320 – 458.05 range
Resistance – 555 / 665 / 765 / 870
Support – 395 – 345 zone & Daily 200 SMA
DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose 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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