Metropolis: Short Term Bearish; Medium Term Bullish
1. Metropolis has formed a Hanging Man Pattern on the daily chart indicating a downside upto 2100 levels based on Fib-Retracement.
2. Once it bounces back upside is seen towards 2350 levels once 2200 levels are crossed.
3. 2200 level form an important resistance to break as seen in the past few days.
4. The trendlines indicate a good bullish outlook further.
2. Once it bounces back upside is seen towards 2350 levels once 2200 levels are crossed.
3. 2200 level form an important resistance to break as seen in the past few days.
4. The trendlines indicate a good bullish outlook further.