Can history repeat in GODFRYPHLP ??
GODFRYPHLPGODFRYPHLPTime Frame – Monthly Log Chart
Observations:-
* Trading in Parallel Channel pattern
* Symmetrical Triangle pattern breakout with volume on weekly Timeframe
* Trendline Breakout on weekly Timeframe
* Weekly closed above previous year high
* Weekly 200 SMA strong support
* ATH breakout above 1662.80
Resistance – 1662.80/ 1975 / 2260
Support – Zone 1000 – 1080 & Weekly 200 SMA
DISCLAIMER: NCFM Certified Technical Analyst. 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.
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