amanchoudhary

Range Consolidation Breakout and Support Tested

NSE:ASHIANA   ASHIANA HOUSING LD
Range consolidation has been happening in the past 4-5 month, which was breached.
The breach was tested again and found a support at consolidation trend line .

Currently, hovering in Breakout/Reversal Zone (defined by nearest pivot at those levels)
If breakout, the next immediate target could be next pivot at 218.
If reversal, the consolidation trend line might be tested again