Indian Hume Pipe cmp 434.65 by Daily Chart viewIndian Hume Pipe cmp 434.65 by Daily Chart view
- Support Zone 370 to 395 Price Band
- Resistance Zone 345 to 370 Price Band
- Falling Resistance Trendlines are well broken out
- Stock Price attempting Breakout from Resistance Zone
- Volumes seen increasing steadily tad close to avg traded quantity
- Bullish Rounding Bottom including Cup & Handle at Resistance Zone neckline
- Sloping Bullish Head & Shoulders too formed, maybe taken under consideration
- Resistance Zone breakout probable by heavy Volumes and closure needed above it for few days, to foresee a fresh upside move
