PRL has given a trendline breakout yesterday at 32.94
Now its again going to test its Fib 0.618 level of all-time high (37) and if surpassed, will again hit Fib 0.786 level of all-time high (45).
It may also touch its all-time high again if volumes support which is 55.
Further trendline resistances can be faced at current market price i.e. 36.78 and 45 (45 can be a bit hard to break).
This is my personal analysis and not a buy / sell call.
Now its again going to test its Fib 0.618 level of all-time high (37) and if surpassed, will again hit Fib 0.786 level of all-time high (45).
It may also touch its all-time high again if volumes support which is 55.
Further trendline resistances can be faced at current market price i.e. 36.78 and 45 (45 can be a bit hard to break).
This is my personal analysis and not a buy / sell call.
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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.