1) Price is sustaining above 108 after giving breakout above last All Time high of 108 2) Now form Flag & Pole pattern and pattern Breakout is above 165 3) Trading in flag range now 100-165 4) RSI trendline is already break 5) Positive RSI divergence seen
Resistance – 197/228/262 Support zone – 100-110
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE FOR EDUCATIONAL PURPOSE ONLY. I AM NOT RESPONSIBLE FOR YOUR ANY LOSS OR PROFIT. CONSULT YOUR ADVISER BEFORE TAKING ANY TRADE. I HELP PEOPLE TO LEARN TECHNICAL ANALYSIS & CHARTS READING.