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marketmoneymohmaya
Jan 22, 2024 4:29 PM

GLOBAL - Weekly Chart Analysis, CMP-345.80 Long

GLOBAL EDUCATION LTDNSE

Description

Coming out a base and probable VCP. Sustained above the supply/resistance zone for almost 3 weeks now. Quarterly results have been good so far.
It is sailing above all the key moving averages too.
366-310 shall now act as a support and if it manages to weekly close below it and a follow up we see thereafter would invalidate our view.

428 - 508 - 609 are the probable levels it can test over the long term.

Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
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