it is trying to retest its all time high. it was moving in channel than breaking down , it made bottom formation .and now trying to reach all time time high. will it make rounding bottom and break out or cup holder pattern?? will it renter in channel and upmove if after breakout ?? will observe . decide on ur own.
Note
while going through coal india chart.. which show how a pattern fail and goes in opposite direction.. (just opposite to amber stock chart) so risk management always necessary. because if up direction pattern fail it may make double top and "M" pattern formation
Note
3440 to 3566 approaching towards major res level 3666 ..review there
Note
made in ath level as per chart
Note
so if fulfill the tech experts criteria of b.o. consult them. and sustain ... 800-1000 point upmove level can be seen. decide on ur own ..
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.