Marine Electricals cmp 250.20 by Daily Chart view

74
Marine Electricals cmp 250.20 by Daily Chart view
- Support Zone 224 to 241 Price Band
- Resistance Zone 258 to 275 Price Band
- Bullish Chart setup by Rounding Bottoms, pre and post Head & Shoulders
- Volumes seen spiking very heavily and well above the average traded quantity
- Positively trending Technical Indicators BB, EMA, MACD, RSI, SAR, SuperTrend, VWAP
- Breakout attempted above Falling Resistance Trendline and Rising Support Trendline sustained
- Fresh Breakout probable subject to Resistance Zone crossing and closure sustained above it for few days

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.