Excel Industries has been in the down trend since long. Forming a downward triangular pattern and is nearing its line.
On drawing the resistance line, it currently seems to be at the support points of the triangular pattern, pivot levels and the from the chart.
Personally see this moving north since is at a 3 point support level. Expecting limited downmove and more space for on the up.
Looking for the levels of 824 to cross decisively in order to come at the positive position and move ahead. Currntly that will act as resistance. If it crosses with good volumes then we can see it going 954-1048
with support at 602-552
On drawing the resistance line, it currently seems to be at the support points of the triangular pattern, pivot levels and the from the chart.
Personally see this moving north since is at a 3 point support level. Expecting limited downmove and more space for on the up.
Looking for the levels of 824 to cross decisively in order to come at the positive position and move ahead. Currntly that will act as resistance. If it crosses with good volumes then we can see it going 954-1048
with support at 602-552
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.