ASPINWALL
Time Frame – Weekly
Observations :-
* Trading in Ascending broadening wedge pattern
* Facing Resistance in 270-250 zone
* Major BO above 270
* Trendline resistance break already
* Now Consolidation in range may be possible before major BO
Resistance – 317 / 367 / 450 / 500 / 579.50
Support – Weekly 200 SMA & 160-200 range
DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose 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.
Time Frame – Weekly
Observations :-
* Trading in Ascending broadening wedge pattern
* Facing Resistance in 270-250 zone
* Major BO above 270
* Trendline resistance break already
* Now Consolidation in range may be possible before major BO
Resistance – 317 / 367 / 450 / 500 / 579.50
Support – Weekly 200 SMA & 160-200 range
DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose 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.