BORORENEW can we see reversal??

BORORENEWBORORENEW

Time Frame – Weekly

Observations:-
* Taking trendline support & EMA band support
* If break the trendline and closed above daily 200 SMA then reversal may confirm
* Before major breakout Consolidation & Range formation expected b/w 835 - 510 range
* Trading below weekly 21 EMA & MA and daily 200 SMA
* 530 to 480 good support range

Resistance – 750 / 833.95 / 1063 / 1375
Support – Trendline support & 530-480 range


DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose 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.