Abbot India looking for a break out (Educational Purpose only)
in this pattern same zone/ price level acts as support and resistance... in the same price level or zone #1 acts as support and at the same time #4 & # 6 acts as resistance. like in the trend line #2 acts as resistance and # 5 acts as support.. now the price is is in the resistance zone when the price breaks the that zone then our target will be @19620.
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