The chart should tell you everything you need to know. But again, for those who like to read our analysis, Here are a few easy pointers:
- The script is Forming an ascending triangle on a shorter time length - The ultimate resistance trendline stands strong since 2018 - It is nearing a crucial resistance zone - The best case would be if it consolidates at the resistance for 4 - 6 weeks and then breaks the resistance. - A break of it would be a three-in-one breakout i.e. Trendline, triangle, and Resistance zone. This should give a push to the momentum. of course, based on the then price action. - RSI and MCD are positive indicators - The PE has Improved a.k.a better valuation - The first target should be around 140 - 150. Post which it will enter a previous consolidation range making it difficult to draw targets. - If it continues the upmove the final resistance zone sits at 170-180 levels.
What should we analyze next??
Have Requests, Questions, or Suggestions? Let us know in the comments below.👇 While you do that, how about a boost for some motivation🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
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Three-way breakout 🚀
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Target one of 150 was done long back. just updating.
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7% Booster in NIACL 🚀
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🎯What a beautiful up move. 🎯 Another 4% Today 🎯28% ROI in 3 Months🚀 🎯The three-way breakout did its Magic 🪄