SURYAROSNI - Weekly Chart Analysis
After a log base of almost 2 years it went under consolidation of 16weeks with 22% range near the ATH zone (745-867).
A previous failed attempt is taken out this week with decent volumes. Now it shall sustain above 855 levels.
Upper side 1125 - 1345 - 1625 levels are the possible targets as per trend based fib.
Its above all the key moving averages.
Above view stands invalid if price close below 745 levels on weekly timeframe.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
A previous failed attempt is taken out this week with decent volumes. Now it shall sustain above 855 levels.
Upper side 1125 - 1345 - 1625 levels are the possible targets as per trend based fib.
Its above all the key moving averages.
Above view stands invalid if price close below 745 levels on weekly timeframe.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Disclaimer
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