Tradersasi23

Concor - At resistance, Raising wedge is the worry

NSE:CONCOR   CONTAINER CORP
Price reached the resistance levels exactly and closed with small rejection. As Nifty is looking positive we can expect this to break this levels and move further up towards the resistance after retest or without retesting.

The only worry in this chart is the raising wedge pattern which is formed and exactly ending at the previous resistance levels. Will the price fall? according to the pattern !!!! Lets see :)

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