KRBL range & Trendline breakout

KRBLKRBL


Time Frame – Weekly

Observations:-
* Good Consolidation/Accumulation & Range formation done b/w 170-340 zone
* Trendline BO done on daily chart with high volume
* Range & Consolidation BO done on daily chart with high volume
* Weekly 200 SMA will be good support now
* Weekly & Monthly closing above 340 will confirm the structure change


Resistance – 415 / 495 / 581 / 675

Support – Trendline support & Weekly 200 SMA & 340-325 1st support zone then 260-240 2nd zone


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