SOL is in consolidation phase from last six days and five times SOl get rejected from 36 resistance and for 8 times SOL tested support of 31.5,now SOl is in a downward pattern.BUT consolidation shows high volume of SOL of in given region.So its very difficult for SOL to break its support.
But to go in a upward pattern SOl has to retest again its support for atleat 1 time and then it will break the resistance to go in upward direction.
IF SOL moves upward targest are given below.
40
45
if SOL goes in downward direction
31.5
29
26
I am not a financial adviser so DYOR before taking any entry.
Please tell me in comments what are your queries and views about SOL and tell me which indicators you want to be use in next TA.
But to go in a upward pattern SOl has to retest again its support for atleat 1 time and then it will break the resistance to go in upward direction.
IF SOL moves upward targest are given below.
40
45
if SOL goes in downward direction
31.5
29
26
I am not a financial adviser so DYOR before taking any entry.
Please tell me in comments what are your queries and views about SOL and tell me which indicators you want to be use in next TA.
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