AMARJOTHI Consolidation & Range formation
AMARJOTHI
Time Frame – Weekly
Observations:-
* Consolidation & Range formation going on in 145-225 zone
* Small range (145-175) breakout done
* Major & ATH Breakout above 249.95
* Promoters buying seen in last 3 Quarters stake increased from 55.24 to 57.66
* Promoters buying continue in this quarter also.
Resistance – 300 / 375 / 430
Support – 145 – 175 zone
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.
Time Frame – Weekly
Observations:-
* Consolidation & Range formation going on in 145-225 zone
* Small range (145-175) breakout done
* Major & ATH Breakout above 249.95
* Promoters buying seen in last 3 Quarters stake increased from 55.24 to 57.66
* Promoters buying continue in this quarter also.
Resistance – 300 / 375 / 430
Support – 145 – 175 zone
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.