CONCOR -Daily - inverted Cup and Handle -Bearish
CONCOR—Daily—inverted Cup and Handle—Bearish.
9th Sep going to be Nifty gap down based Gift Nifty and US Market.
In that case, Concor can open below good support 939. IF price sustains below 939 for 15 minutes or 30 minutes, can test 857 as per inverted Cup and Handle pattern target
OI information:
CE OI - 1000 will act as resistance
PE OI - 940 will act as support, if sustained below 940 for 15 to 30 minutes, the price can test the 857 level.
Always welcome for any comments with your feedback, or give it a like if you find it useful.
9th Sep going to be Nifty gap down based Gift Nifty and US Market.
In that case, Concor can open below good support 939. IF price sustains below 939 for 15 minutes or 30 minutes, can test 857 as per inverted Cup and Handle pattern target
OI information:
CE OI - 1000 will act as resistance
PE OI - 940 will act as support, if sustained below 940 for 15 to 30 minutes, the price can test the 857 level.
Always welcome for any comments with your feedback, or give it a like if you find it useful.
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