KOLTEPATIL - At weekly Support Long
It has formed bullish engulfing candle pattern exactly at 200 exponential average and this also coincides with previous resistance of July 2023 which is now acting as support. After making high of 583 in Jan 2024 it has corrected till the previous breakout level. Support can be 350 and resistance is 583. As per price action it should consolidate here for few weeks which will make its support much stronger.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.