Daily Chart.
Support 3100-2900
Resistance 3440-3650
Stochastic Oscillator (20,5,5) -- Over Bought
RSI (14) -- Over Bought
Again in contact with upper line in Channel
OBV Indications --
1. 19/03 to 29/05
Price fell from 2610 to 1814
Volume Increased continuously
2. 02/06 to 07/07
Price rose sharply from 1851 to 3353
Volume fell.
Therefore OBV Showed reversal around 26th of May. And again OBV showing Reversal aound 7th of July.
Above Indicators points towards short term consolidation or reversal.
Healthy discussion is most Welcome. Thank you.
Support 3100-2900
Resistance 3440-3650
Stochastic Oscillator (20,5,5) -- Over Bought
RSI (14) -- Over Bought
Again in contact with upper line in Channel
OBV Indications --
1. 19/03 to 29/05
Price fell from 2610 to 1814
Volume Increased continuously
2. 02/06 to 07/07
Price rose sharply from 1851 to 3353
Volume fell.
Therefore OBV Showed reversal around 26th of May. And again OBV showing Reversal aound 7th of July.
Above Indicators points towards short term consolidation or reversal.
Healthy discussion is most Welcome. Thank you.