Sanghvi Movers Ltd: ₹133 Next resistance is at 195 Stop:130

Sanghvi Movers Ltd: ₹134
Trading near the Bottom Trend line of a falling channel,
with the indicators showing a positive divergence.
Next resistance is at 195 Stop:130

Comment:

The support & bottom is confirmed with a long green candle.

Comment:

cool expectations
on break above the pole & flag will meet 220

Comment:

Look, How the 195 zone pose a resistance!

Comment:

Our 195 resistance was fine. Many of our fiends here thinking that 195 is an exact value for break out, above that will make more targets. it is not like that. Here 195 is an area or Zone were the price can terminate. even if i put a band like 100 t0 200 also will work the same way. Trend line breakout also is varying based on the steepness of the line.
Now at support ,will not be of any use if the results are bad.