SWELECTES - Weekly Chart Analysis, CMP-769.75
After breaking the all time high in July it rallied a bit and went into consolidation. So finally its out of the base of 24Weeks and range of 30% on good volumes. It has already crossed the first probable target. It is also above all its key moving averages.
640 levels shall now act as a good support and a weekly close with a follow through below this level will invalidate our view.
928 - 1340 are the levels it can test over the long term.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
640 levels shall now act as a good support and a weekly close with a follow through below this level will invalidate our view.
928 - 1340 are the levels it can test over the long term.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.