Chart_World

ESTER Flag & Pole pattern form

Long
NSE:ESTER   ESTER INDUSTRIES
ESTER ESTER

Time Frame – Weekly Chart


Technical Observations -

1) Price is sustaining above 108 after giving breakout above last All Time high of 108
2) Now form Flag & Pole pattern and pattern Breakout is above 165
3) Trading in flag range now 100-165
4) RSI trendline is already break
5) Positive RSI divergence seen

Resistance – 197/228/262
Support zone – 100-110

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