Patterns 1) Cup & Handle 2) Ascending Triangle.
The resistance from 830-840 has been tested 3-4 times.
Another push with good volume is likely to break this resistance and form new highs.
Can trail profit at every 6-8%
Immediate support at 770 and or at 724/trendline.
Can buy on dips near 770 or at the support level.
# EID PARRY
- Recently broke the consolidation channel of 5 months with good strength
- Small support at 325 and the next strong support is at 315.
- Can add till dips 315. SL 200
- Closing and sustaining above 337-340 could give more upward movement.
- 390 Approaching multi-top