Note – Sharing chart before weekly closed. So, wait for weekly closing.
Observations:- * Trendline breakout and weekly 200 SMA breakout done with huge volume candle * Price trading inside the high-volume mother candle (Range 76.70 – 60.05) * Trading in symmetrical Triangle pattern breakout above 77 * Price may show some quick upside to break the multiple resistance
Support – Weekly 200 SMA & 60 (mother candle low) & 67-60 zone
DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
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