On the weekly chart, Shareable to hold 770 level on a closing basis and last time when it breaks in 2019, it crosses 840 marks. The volume is also good.
For short term target is 850 from the current level
For Long term target is 900 in 3 to 10 months.
ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE. BLACK LINES ARE MINI POINTS ;)
PRICE LOOKS STRONG, CLOSED ABOVE 20 & 50 DAILY EMA DENOTED BY BLACK & GREY IN 3 HRS TIMEFRAME.
The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis,...
I hope you can now see how Cesc represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the...
