In monthly, it has formed a round bottom pattern, and breakout happened with high volume, now it is retesting the breakout level,
in weekly, it is bounced from trend line support and hidden bullish divergence is formed here,
also in daily, after a downtrend, trend line resistance broken with good volume and regular bullish divergence is formed also
with a sl - 700, 1st tgt - 1900, long term tgt - 3600
in weekly, it is bounced from trend line support and hidden bullish divergence is formed here,
also in daily, after a downtrend, trend line resistance broken with good volume and regular bullish divergence is formed also
with a sl - 700, 1st tgt - 1900, long term tgt - 3600
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price bounced from horizontal support, till now 1116.90,
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till now 1273, up by 16% . price has started riding upper BB
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price closed above imp resistance zone,
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big move today, closed at 1362.55
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till now 1434.95, moving up as expected , follow up chart for reference
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cmp - 1405, regular bearish divergence formed at resistance zone in daily, we may see some correction, but overally it is bullish.
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till now 1495, cheers.
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cmp - 1397, in daily, price bounced from horizontal support and 61.8% retracement level.
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cmp - 1326.70, price at horizontal support, looks bullish.