Chart Analysis :
Price making a flat decending triangle pattern while holding a major weekly support of 3500 levels and looking to breakout above the trendline resistance zone and can be considered for long. One can enter here or wait for 3600 above daily close or one hour sustain above 3600.
Key Levels :
Targets (Resistance) - 3650/3685/3700/3750
StopLoss (Major Support) - 3500 below daily close
Disclaimer:
I am not SEBI registered. This analysis is for educational purposes only and not investment advice. Please do your own research before trading or investing.
Price making a flat decending triangle pattern while holding a major weekly support of 3500 levels and looking to breakout above the trendline resistance zone and can be considered for long. One can enter here or wait for 3600 above daily close or one hour sustain above 3600.
Key Levels :
Targets (Resistance) - 3650/3685/3700/3750
StopLoss (Major Support) - 3500 below daily close
Disclaimer:
I am not SEBI registered. This analysis is for educational purposes only and not investment advice. Please do your own research before trading or investing.
Trade closed: target reached
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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.
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.
