Broke recent high of 273
Also nearing 3-year highs!
Enter above 285 for targets 300/315
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Breakout with good Volume after consilidation, All Higher Time Frames are Positive,15% Away from 52 Weeks High & 42% Away from 52 Weeks Low.
-> Enter With good confirmation.
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ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
GAVE A BREAK OUT FROM TRIANGLE AND RE TESTED THE SAME TRENDLINE TO BOUNCE BACK. BUY AT 4980; 4980-4960 IS A HUGE SUPPORT LEVEL AND PRICE HAS ALREADY RETESTED THE LEVEL.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower...