Time Frame – Monthly
Observations: -
* Consolidation & range formation seen in 15 -80 range for more than 15 years.
* Good volume activity seen in last 2 months
* Range BO and trendline breakout already done now price trying to sustain above 80
Resistance – 94.40 / 108 / 126 / 145
Support – 60-68 range
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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