Since Aug2015 Highs@1128 -it has been moving into a complex corrective pattern which could be cup & handle pattern as per traditional analysis- this cup could complete going above 1080 mark -can make a small move up in the zone 1100-1130- It that zone holds & battery gets discharged in the desired zone, then going back below 973-likely we will see sizeable fall- what will be the fall & duration- telling this will be tough at the moment but one should keep eye on these key levels.
Alternate Strategy
If it fails to go beyond 1080 & leaks below 973 then likely will indicate weakness in the battery.
Alternate Strategy
If it fails to go beyond 1080 & leaks below 973 then likely will indicate weakness in the battery.
Trade active:
15:06 Hrs 10th Dec2016
Last Price@927
Below 973- It pushed down till 841 lows
Last Price@927
Below 973- It pushed down till 841 lows
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)