Chart_World

HITECH range + trendline breakout

Long
NSE:HITECH   HI TECH PIPES LTD
HITECH HITECH

Time Frame – Weekly

Observations: -
*Trendline Breakout with High volume
*Range breakout with High volume
*Trading in rising wedge pattern
*Good consolidation seen between 71 to 86 range

Resistance – 98.60 / 120 / 151 / 171

Support – 70 - 77 zone

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.

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