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LuckshyaGarg

Resistance Breakout. AFFLE Price Action Analysis

Long
AFFLE (INDIA) LTD (NSE:AFFLE)  
LuckshyaGarg Updated   
NSE:AFFLE   AFFLE (INDIA) LTD
Support and Resistance Trend Analysis affleindia AFFLE
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supportandresistance trendanalysis affleindia affle
  • Price tested the horizontal resistance multiple times but the resistance is unable to push the price away.

  • The price continues to mark higher lows into the resistance to a point that a narrow range is established just below the resistance line.

  • The breakout of the narrow range is accompanied with the breakout of the horizontal resistance.
Comment:
ENTRY 1085
SL 1010
TARGET 1330
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