Astra Zeneca, seems to reversing out of consolidation on Weekly - Testing trendline on the upside with good Marubozu candles supported by Good volume and break of RSI above NIFTY relative trend. Expect the trend to continue short - medium term, will watch next week candle before taking position.
T1: 3311
T2: 4337
T3: 4892
These are not very far off from the Fibonacci reversal levels
SL before 200 EMA.
T1: 3311
T2: 4337
T3: 4892
These are not very far off from the Fibonacci reversal levels
SL before 200 EMA.
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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.