Multiple Tests of a resistance level makes that resistance Weak.
It came back to this resistance 5th time and the beautiful thing is that now price is sticking to its resistance.
If you look properly price was never sticking to resistance but now it is.
A potential accumulation is going on and once its closes above 230 with some better volume party should begin.
Keep an eye folks. Cheers.......
Disclaimer:- I am not SEBI registered. Please trade with your own risk.
It came back to this resistance 5th time and the beautiful thing is that now price is sticking to its resistance.
If you look properly price was never sticking to resistance but now it is.
A potential accumulation is going on and once its closes above 230 with some better volume party should begin.
Keep an eye folks. Cheers.......
Disclaimer:- I am not SEBI registered. Please trade with your own risk.