Short time Up Trend

I am observing that Esselpack is showing strong up trend with HH's and HL's. Latest close is above recent resistance zone with still room left to move upwards and test next resistance of 204 and 225. A buy can happen if price come near EMA 20 or 50 as trending near by only. Though strong upward movement is anticipated in next days without testing EMA support.

Above analysis is for educational basis and one should not trade basis it.


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