CIND - waterworks
https://www.tradingview.com/chart/CIND.N0000/rwLONPnI-CIND-Waterworks/
As mentioned in above chart, Cind is being rejected at marked level. But it made to breakout from a flag pattern with a considerable volume.
However, Keep an eye at given resistance zone. It could still make a bearish divergence if price appreciate abruptly.
Counter in Midterm looks much bullish, since its trading above most of SMAs 25>200
Green line is a safer entry point.
As mentioned in above chart, Cind is being rejected at marked level. But it made to breakout from a flag pattern with a considerable volume.
However, Keep an eye at given resistance zone. It could still make a bearish divergence if price appreciate abruptly.
Counter in Midterm looks much bullish, since its trading above most of SMAs 25>200
Green line is a safer entry point.
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