Get started
amanchoudhary

Range Consolidation Breakout and Support Tested

ASHIANA HOUSING LD (NSE:ASHIANA)  
amanchoudhary  
NSE:ASHIANA   ASHIANA HOUSING LD
Trend Analysis Chart Patterns range consolidation consolidation-breakout consolidate_breakout_reversal support LONG
0
0
trendanalysis chartpattern range consolidation consolidation-breakout consolidate_breakout_reversal support long
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
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.