NSE:JMCPROJECT
Time Frame – Weekly
Observations:-
* Trading in rising channel pattern.
* Symmetrical Triangle pattern breakout already done
* HNS pattern form
* Major breakout above 151 if the breakout fails by facing channel line resistance, then price take support of symmetrical triangle resistance line near 100-115 zone
Resistance – 162 / 194 / 229
Support – 100-115- zone & Weekly 200 SMA
DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes 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:-
* Trading in rising channel pattern.
* Symmetrical Triangle pattern breakout already done
* HNS pattern form
* Major breakout above 151 if the breakout fails by facing channel line resistance, then price take support of symmetrical triangle resistance line near 100-115 zone
Resistance – 162 / 194 / 229
Support – 100-115- zone & Weekly 200 SMA
DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes 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.