Observations::
The stock is trending upwards...
price is taken the support from previous resistance in the zone 3250 and moved up...
now price is near to the trendline...if price breaks this will again test this zone...
If this zone failed to take the price again up...and trendline acts as resistance...will observe a strong fall.
keep track these levels...3250 and 3175-3150 range and final support @3075-3050 range.
The stock is trending upwards...
price is taken the support from previous resistance in the zone 3250 and moved up...
now price is near to the trendline...if price breaks this will again test this zone...
If this zone failed to take the price again up...and trendline acts as resistance...will observe a strong fall.
keep track these levels...3250 and 3175-3150 range and final support @3075-3050 range.
Note
this is also possible....
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.