Only weekly time frame its attempting a break above Kumo resistance at 915. If it manages do break and sustain above it on weekly closing basis then it could continue its rally towards 1050/1200. View negates on hourly close below 894
In weekly time frame after making a Bullish Hidden Divergence near an Ichimoku Kumo it has now activated a Bullish C Clamp. It has strong support near 3600 with minor resistance at 3900. Probable upside for 4600 and then 5100. View negates below 3500
GANESH BENZOPLAST 1D BSE Present situation...
2. Last uptrend rejected by the Kumo Red resistance cloud and heading downwards
3.Last stupport was taken on the weekly pivot level
4.Impending triangle breakout, marked by nearing apex and lower volumes inside the triangle...
Symmetrical triangle breakout..
Bearish breakout is likely die to the...
1.The Kumo cloud in the weekly will give temporary support to the falling prices ..
2.The Price action is present between weekly support S1 and weekly pivot
3.The 0.283 arc support
4. Median line of pitchfork , price magnet theory..
5.Fibo support of 0.5BC of the Reciprocal ABCD...
Why crack down expected......