Long

BurgerKing in Golder FIb Zone

By Kru-KB
Updated
Burger king is in Golden FIb zone. Retarcement till 0.786 and taking support there is positive. Plus, it took price action support around 130-125 zone. It also broke the downwards trendline.
Accumulating at this level for a possible taarget of 200 and 225 will have very good R:R.

#educational idea
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snapshot

Better readability posintg the screenshot here as well
burgerkingChart PatternsIPOnifty50Trend Analysis
Kru-KB

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