Merit Packaging Limited
Updated

Bullish Divergence on Bigger tf.

852
MERIT Analysis
Closed at 13.09 (03-07-2025)

Bullish Divergence on Bigger tf.
13.10 - 13.15 is an Important Resistance,
once crossed & sustained, we may witness
15.50 - 16.50 then around 20
However, Channel Bottom is around 7.50
It should not break 7 now.
Trade active
Capped at 14.49

Important to Cross & Sustain 14.70 for further Upside.

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