It has always respected the 34 EMA as support since beginning of 2017. Lets see what it does here now.
Broken important support. Volumes are not convincing though..!! Lets see what happens next. Need to observe PA closely tomorrow(22.09.2017)
Forming an Inverted Head n Shoulders pattern in hourly charts in a downtrend. May be a sign of short term bottom and reversal.
May give opportunity either side. Waiting for right time.
Above 340, it may go to 350-352 in very short period of time. 335 is the point where observation gets wrong.
With fine fundamentals, it has taken a support at 0.618 Fibonacci retracement level. Low volumes. A minor resistance in 580-590 band. Crossing this band may take it north towards 840-850 levels.
An Inverted Head n Shoulder visible in shorter Time frame of 30 minutes chart. High probability to reach 1155, once sustains above 1135-1136. 1125 is the point where the observation gets wrong.
A Head n Shoulders pattern is visible in hourly charts. If it breaks 1582-1580 with higher volumes, it may reach 1540-1530.
Moving in a parallel channel and now taking resistance at upper band of the channel.
Has created a bullish engulfing pattern at the support of the channel. Lets see what it does next?
An Inverted Head n Shoulder pattern visible after a considerable downtrend. If all goes well, post closing above 60, it may reach to 66 n then 71-72 soon. We are nobody to catch the bottom or top, but we can try to find a gud Risk reward trade.
Forming an Inverted Head n Shoulder pattern. Closing above 2820-2825 is required to make it reach the above resistance near 2925-2930. Keep watching.