BOROLTD Inverse HNS Pattern form

Sep 11, 2022

BOROLTDBOROLTD

Time Frame – Weekly

Observations :-
* Trading in Ascending broadening wedge pattern
* Inverse HNS Pattern form BO above 390-385 zone
* Facing Resistance in 390-360 zone
* Facing HNS pattern neckline resistance and Trendline resistance
* Consolidation going on above weekly 21 SMA in 328 - 385 range
* RSI also form Inverse HNS Pattern

Resistance – 498.70 / 563 / 700
Support – Weekly 21 SMA & 310 - 330 range


DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.