Marine Electricals cmp 250.20 by Daily Chart view

Marine Electricals cmp 250.20 by Daily Chart view
- Support Zone 224 to 241 Price Band
- Resistance Zone 258 to 275 Price Band
- Bullish Chart setup by Rounding Bottoms, pre and post Head & Shoulders
- Volumes seen spiking very heavily and well above the average traded quantity
- Positively trending Technical Indicators BB, EMA, MACD, RSI, SAR, SuperTrend, VWAP
- Breakout attempted above Falling Resistance Trendline and Rising Support Trendline sustained
- Fresh Breakout probable subject to Resistance Zone crossing and closure sustained above it for few days