Strike Analytics

Balrampur Chini

28 Sep 202001:00 PM

Balrampur Chini pulled back to the 61.8% retracement mark of wave 1 in wave 2, at 140, good support for price action. Now we can use a rising channel to capture the progress from here. First, we need to break out above the falling trendline above 160 and then we can consider the top end of the channel that goes toward 184.

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