- First chart shows price getting resisted near 5180 which has been acting as a price pivot zone for many months now.
- Second chart shows previous support acting as resistance. Day and Week has to close above this zone to confirm a breakout.
- Weekly chart also shows price unable to cross 50% Fibonacci level.
- Support levels for the day are 5 Day Low EMA and 20 Day SMA.
Relentless...Day in and out.. superb analysis.. thank you
ReplyDeletethanx..
ReplyDelete@prabha
ReplyDeleteThanks for the comment