#ONWARDTEC trading above Resistance of 608
Next Resistance is at 761
Support is at 406
Here is previous chart:
Chart is 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....
ONWARDTECH hourly chart is shown in the idea.
As per the chart shown above, ONWARDTEC is continuously making new higher highs and higher lows. This stock is taking trendline support which is marked in green from last few weeks.
currently, the stock is consolidating in a range from 480 to 530, to formed a selling zone at around 520 to 530 levels, and buying...
BUY-ONWARD TECHNOLOGIES
CMP - Rs. 461
Target - 1: Rs. 620
Target - 2: Rs. 865
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Technicals - Resistance BO
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This is just a view by an expert analyst, please invest at your own risk.
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