TradingView
dharmesh79576
Jan 8, 2021 3:33 AM

Trendline breakout on BOSCHLTD. Long

BOSCH LTDNSE

Description

The stock has broken a resistance trendline with good volume.

Levels mentioned on chart.
Comments
shivaxtremes
hi, how you placed the targets (on what basis), please explain
dharmesh79576
@shivaxtremes, Targets are based on Fibonacci extensions. 1.272 & 1.618 extensions of an XA leg from 8994 to 14751. Also, keep a close watch @ 17150 levels as it could act as a resistance zone.
More