Now at a crucial zone(45-49). If it manages to close and sustain above these levels then next levels it can test are 78 & 93.
After coming out of 38 weeks base and 48% range, I had taken position on 15thJune2023 @ 36
but was stopped out at 17% and further it went down till 30% and 17 week consolidation.
Now 36-37 shall act as support any close below this shall invalidate our view.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
After coming out of 38 weeks base and 48% range, I had taken position on 15thJune2023 @ 36
but was stopped out at 17% and further it went down till 30% and 17 week consolidation.
Now 36-37 shall act as support any close below this shall invalidate our view.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.