Banka has the potential to turn tomorrow. The candles are big. If reversal is seen tomorrow, we can expect a big move in the same.
The chart is simple and self explanatory.
NSE:BANKA
Time Frame – Weekly
Observations : -
* Symmetrical triangle form breakout above 93
* ATH BO above 102.15
* Consolidation & range formation between 60 - 102.15 zone
Warning – Very small cap company
Resistance – 102.15 / 115 / 135 / 155
Support – 75 / 60
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst....