PDMJEPAPER
PDMJEPAPER
Time Frame – Weekly
Note – Sharing chart on monthly closing basis and before weekly closed. So, wait for weekly closing.
Observations:-
* Trading & consolidating in 31 to 50.90 range since last 1 year
* Range Breakout & Major breakout above 50.90
* All Time High is 50.90
* 38-40 small support zone and 35-31 strong support zone
* One can say it form flag & pole pattern also. BO above 50.90
Resistance – 50.90 / 66 / 82 / 97
Support – Zone 35-31 & Zone 38-40
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.