A counter that is recently linked to EV theme, recently it failed to break through twice the resistant at 995 hence forming the Double Top pattern.
A bearish continuation is confirmed if it drops to below the neckline support of 840. It needs to maintain above immediate support of 880 and crossed the the green EMA50 and red EMA20 line for a bullish breakout to reverse its overall downtrend movement.
Disclaimer: Trade at your own risk.
A bearish continuation is confirmed if it drops to below the neckline support of 840. It needs to maintain above immediate support of 880 and crossed the the green EMA50 and red EMA20 line for a bullish breakout to reverse its overall downtrend movement.
Disclaimer: Trade at your own risk.