Observations: The stock is trending upwards. Now the stock price is trading near its resistance level, if its continue towards resistance or fall again from this resistance. we have a trendline support as well. If trendline breaks we have support @4100 level, fake breakdown at trendline may happens here. after consolidation for 1 month price again moving upwards towards resistance. Previously a strong fall is observed from 4500 levels. we have demand zones left @4100, @3950 if price fall below trendline, this will give support. Keep in the buy side from demand zones.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support ** --Educational Purpose Only-- --Not SEBI Registered--
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.