Date 28.01.2025
Laurus Labs
Timeframe : Weekly Chart
Remarks :
1 Currently at 50% of Fibonacci retracement
2 Head & Shoulder at top of the trend & its neckline + Support & resistance band = 615
3 Descending triangle neckline + Support base + 61.8% retracement of Fibonacci = 497
4 Currently at RSI mean reversion + 50% retracement, may have 2%-4% pull back
Regards,
Ankur
Laurus Labs
Timeframe : Weekly Chart
Remarks :
1 Currently at 50% of Fibonacci retracement
2 Head & Shoulder at top of the trend & its neckline + Support & resistance band = 615
3 Descending triangle neckline + Support base + 61.8% retracement of Fibonacci = 497
4 Currently at RSI mean reversion + 50% retracement, may have 2%-4% pull back
Regards,
Ankur
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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.