under consolidation..can take up an entry once it brokes
PRICE IS REACHED MAJOR RESISTANCE LEVEL ON MONTHLY...IT REACHED WITH A STRONG MOMENTUM AS YOU CAN SEE..IF IT BREAKS AND SUSTAINS THEN IT WILL SHOW GOOD UPMOVE..THERE IS A CHANCE OF FALLING BACK ALSO..GOOD STUFF TO OBSERTVE FOR A LEARNER...
Breakout with huge volume Can enter above todays high with - 1:1:5 R/R RSI Looks good , ema shows bullish
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
In daily, we have horizontal resistance breakout with good volume, sl - 143, 1st tgt - 195, 2nd tgt - 210. also there is a probability for U pattern formation,