SONACOMS – Falling Wedge Pattern Formation
Timeframe: Daily Chart
SONACOMS is forming a Falling Wedge pattern, which is a bullish reversal pattern in a bearish market phase.
The support zone is placed around ₹390–₹400 levels.
The resistance level is around ₹430.
A breakout above ₹430 may lead to pattern targets near ₹460 and ₹490.
If the support zone holds, we may witness higher prices in SONACOMS in the coming sessions.
Conclusion: Watch for a breakout confirmation for potential upside momentum.
Thank you !!
Timeframe: Daily Chart
SONACOMS is forming a Falling Wedge pattern, which is a bullish reversal pattern in a bearish market phase.
The support zone is placed around ₹390–₹400 levels.
The resistance level is around ₹430.
A breakout above ₹430 may lead to pattern targets near ₹460 and ₹490.
If the support zone holds, we may witness higher prices in SONACOMS in the coming sessions.
Conclusion: Watch for a breakout confirmation for potential upside momentum.
Thank you !!
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。