Bullish Divergence appearing on Weekly TF.
Important to Sustain 16 on Weekly basis.
Though, inverted Cup & Handle formation is
targeting way below.
But confluence of Trendlines may act as a
Good Support level around 16.30 - 16.60
It may touch 17.50 - 17.80 once atleast.
MM - House of Technicals
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MM - House of Technicals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.