#AUTOIND showing a clean setup! 📈
Price respected the strong trendline support, pulled back right into the 0.618 Fibonacci level (82.73) + demand zone, and bounced back up with a +4.99% move today.
Eyeing a potential retest/breakout above current resistance levels for the next leg up! 🚀
What are your thoughts on this chart?
#AutolineIndustries #TechnicalAnalysis #PriceAction #Nifty #Trading #Charts
Price respected the strong trendline support, pulled back right into the 0.618 Fibonacci level (82.73) + demand zone, and bounced back up with a +4.99% move today.
Eyeing a potential retest/breakout above current resistance levels for the next leg up! 🚀
What are your thoughts on this chart?
#AutolineIndustries #TechnicalAnalysis #PriceAction #Nifty #Trading #Charts
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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.