JustDial Channel Breakout

9 thg 3, 2018

It has been observed that the price action is breaking out of channel pattern and shall further move up to resistance zone.

T1- 460
T2- 480
SL - 420

9 thg 3, 2018

Giao dịch đang hoạt động

9 thg 3, 2018

Giao dịch đang hoạt động

Confirmed breakout, now a good rally can be seen. Regards

9 thg 3, 2018

Ghi chú

Which Initially looked like a convincing breakout, turned out to be a failed one.
Here is an updated look on the chart,



In next session, if hourly chart closes below 420 then it shall further dip to strong support of 400 levels.

Thanks

13 thg 3, 2018

Ghi chú

As we could see in last few sessions that the price action did not close below 420 levels on hourly chart which kept the support intact and now today the price action finally breaches above the downward channel indicating further higher movement.

Here is the chart for reference



Thanks

16 thg 3, 2018

Đóng lệnh: đạt mục tiêu

Target 1 reached successfully. Regards

16 thg 3, 2018

Ghi chú

Hourly Chart Updated