NRB Bearing: Classic Example of resistance and support
Updated
The previous resistance has turned into support after forming a cup and handle pattern.
Stock has come out of the consolidation zone with a good volume and is now trying to make a new high.
Levels are mentioned on the chart. Lets see if we can witness the power of support and resistance here.
Disclaimer: For educational purposes only.
Stock has come out of the consolidation zone with a good volume and is now trying to make a new high.
Levels are mentioned on the chart. Lets see if we can witness the power of support and resistance here.
Disclaimer: For educational purposes only.
Trade closed: target reached
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