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BIRLACORPN - Consolidating in a pennant patter below 50% FIB.
BIRLA CORPORATION LTD
Long
BIRLACORPN - Consolidating in a pennant patter below 50% FIB.
By Garey_Singh
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Jun 8, 2020
3
Jun 8, 2020
Birla Corporation Ltd.
The stock is consolidating in a pennant pattern and momentum breakout to take place above swing high of 580 levels.
RSI shows uptrend.
***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH***
Above 580, the next resistance is 50% Fib Level (588). The support is 492.
kEEP AN EYE!!
#tradingedge_academy #SMTA_institute
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