MODINATUR breakout retest & range form

MODINATUR

Warning - Only BSE listed. So volume will be less. Check Fundamentals also before taking any trade

Time Frame – Weekly

Observations: -
* Breakout retest done
* Consolidation and range formation seen above breakout levels 168-240 range form
* If sustain above 240-250 zone then next up move might be possible

Resistance – 300 / 355 / 415

Support – 190-210 zone

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.