- Price shot up a whooping 6.24% on 16th March (Thursday) and also held the Gains closing Higher on Friday - Overall giving a Strong Weekly Breakout Candle closing above the 350 key level - 315 level or the 0.618 Fib retracement held out perfectly as a support🙏
Indicator Signals: - MACD crossed above 0 line ✅ - RSI crossed above 70 ✅ - DMI gave Buy signal ✅ - ADX is above 25 ✅
- An Inverse Head & Shoulder Pattern is currently active given the Breakout Candle📈
Upside Potential: A Short Term Target 🎯 of ~ 400 is now Open Stop Loss for the same is < 325