CEIGALL - Breakout Setup, Move is ON..NSE:CEIGALL
✅ #CEIGALL trading above Resistance of 347
✅ Next Resistance is at 535
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CEIGALL
CEIGALL - Breakout SetupNSE:CEIGALL
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ceigall India cmp 268 by Daily Chart viewCeigall India cmp 268 by Daily Chart view
- Support Zone ATL 235.95 to 243 Price Band
- Resistance Zone seen at 284 to 294 Price Band
- Darvas Box : Trading Price Range Breakout Attempted
- Multiple Bullish Rounding Bottoms formed inside Darvas Box
- Volumes spiked heavily in past few days and above avg traded quantity but retraced from Resistance Zone
- *A Sustained Price closure above 290 for at least a week and more, would be beneficial for a fresh breakout for upside momentum else may show a downfall*


