*Tips Inds cmp 701.35 by Daily Chart view*
- 662 to 670 Support Zone Price Band
- Volumes are gathering incremental momentum
- *Price rising over Rising Support Trendline with attempt to breach Falling Resistance Trendline*
- Daily basis : Support at 683 > 660 > 635 with Resistance at 726 > 751 >>> ATH 784 price levels
After breaking out of the supply zone (218-262) it went and formed a 1st base of 9 weeks and 25% range and then going further up and formed another base of 11 weeks and 20% range. Volumes are increasing too showing strength.
Now 337-344 shall act as an initial support and though it has not retested the resistance 218-262 which shall now act as main support if...
