Chart_World

INDTERRAIN price action changing??

Long
NSE:INDTERRAIN   INDIAN TERRAIN FAS
INDTERRAIN INDTERRAIN

Time Frame – Weekly

Observations :-
* Trading in Ascending broadening wedge pattern
* Facing Resistance in 75-65 zone
* Major BO above 75
* Trendline resistance break with good volume
* Weekly 200 SMA break with good volume
* Good volume activity seen
* If weekly / monthly closed above 75 then Price action is changing

Resistance – 100 / 125 / 155 / 185 / 220 / 253
Support – Weekly 200 SMA & 48 - 58 range


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