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In monthly, it has formed a round bottom pattern, and breakout happened with high volume , now it is retesting the breakout level,
in weekly, it is bounced from trend line support and hidden bullish divergence is formed here,
also in daily, after a downtrend, trend line resistance broken with good volume and regular bullish divergence is formed also
with a sl - 700, 1st tgt - 1900, long term tgt - 3600
in weekly, it is bounced from trend line support and hidden bullish divergence is formed here,
also in daily, after a downtrend, trend line resistance broken with good volume and regular bullish divergence is formed also
with a sl - 700, 1st tgt - 1900, long term tgt - 3600
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price bounced from horizontal support, till now 1116.90,
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till now 1273, up by 16% . price has started riding upper BB
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price closed above imp resistance zone,
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big move today, closed at 1362.55
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till now 1434.95, moving up as expected , follow up chart for reference
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cmp - 1405, regular bearish divergence formed at resistance zone in daily, we may see some correction, but overally it is bullish.
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till now 1495, cheers.
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cmp - 1397, in daily, price bounced from horizontal support and 61.8% retracement level.
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cmp - 1326.70, price at horizontal support, looks bullish.