CARTRADE looking for reversalNSE:CARTRADE BSE:CARTRADE
Time Frame – Monthly
Observations : -
* Above average volume activity seen in last 3 months.
* Price again come in mother candle zone form in Feb 2022, price may try to touch the high of this mother candle i.e 768.45
* Bottom form with inside bar candle on April 2023 and now Closed above that inside bar candle high
* Now again form monthly inside bar candle now breakout above 485.
Resistance – 768.45 / 895 / 1045 / 1200 / 1500 / 1618
Support – 440-480 range
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
