The stock is trending upwards...
facing resistance in the zone 2740-2760.
price broken the resistance but not able to sustain again falls in the range below 2740.
if we see on bottom side..price has taken the support from the trendline multiple times..
if price breaks this trendline, we have a support @2580-2600 range...
so in order to be on sell side price has to...
Hi Traders,
Previous Structure Break Kindly Avoid GapUp
15 min Chart Make descending triangle pattern so be careful
Plan B in comment Box
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Thanks & regards
Sakthi
Breakout without Volume - NOPE - Waiting for some interesting volume to show or pattern invalid and consolidation or fall can be expected.
I am quite bullish on this share - closing above 2000 will make a purchase of 2000 call and sit for one week.
Stock had seen a good breakout in Friday's session from its 10 day trading range.
Any dip in the stock is likely to be absorbed in 2030-2015 zone.
I am Bullish as long as it sustains above 1990 levels.
Further resistance stock can face is around 2100 levels.
