CONCOR has also formed an ascending channel pattern.It can be observed by connecting a trend line from candle of 29 Sep to 14 Nov. and a parallel trend line at the bottom from Oct 5 extending upwards. The present Trend line breakout has low volume. The upper trend line can act as resistance along with a horizontal resistance at 413. also there is a reverse divergence of RSI which can be noticed by connecting candles 5 Oct. with 14 Nov.Hence a possibility of the price retracing back from the resistance cannot be ruled out. This is my observation. Traders can make their own analysis
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