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Mr_Chartist_
Aug 14, 2023 4:20 PM

BOMDYEING- Rounding Bottom Pattern Long

BOMBAY DYEING &MFGNSE

Description

Breakout Chart

NSE:BOMDYEING 131.5

1. Long Consolidation between the strong rectangle pattern with time frame of 5 Years
2. Breakout at 140 level in the chart
3. If price is able to break the 140 level we will have strong breakout and this will lead price towards the 200-240++ levels
4. If price is not able to break the resistance level we can see some more consolidation between the recent range 140 to 90 levels

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