Keep the stock on radar for probable reversal from Support Zone else a breakdown seems imminent
Tube Investment of India cmp 2640.10 by weekly Chart view
- Support Zone at 2350 to 2400 Price Band
- Price seems respecting the Rising Support Trendline and seems taking an upside but .....
- A probable breakdown basis a False reversal from the Support zone cannot be ignored too
- Volumes are going in good sync with the average traded quantity over the past few weeks
- Overall major Technical Indicators EMA 20, 50, 100 and 200 with MACD and RSI, too seem weak
Tube Investment of India cmp 2640.10 by weekly Chart view
- Support Zone at 2350 to 2400 Price Band
- Price seems respecting the Rising Support Trendline and seems taking an upside but .....
- A probable breakdown basis a False reversal from the Support zone cannot be ignored too
- Volumes are going in good sync with the average traded quantity over the past few weeks
- Overall major Technical Indicators EMA 20, 50, 100 and 200 with MACD and RSI, too seem weak
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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.