JTEKTINDIA entered important zone.Now,breakout or respection?
Hello traders,
JTEKTINDIA has entered in a important resistance zone with cup and handle formation.
The zone extends from 92 to 99 levels.
As cup and handle is a bullish formation,this will try to break the zone,if doesn't,we can take a short trade.
other details are mentioned in the chart.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
JTEKTINDIA has entered in a important resistance zone with cup and handle formation.
The zone extends from 92 to 99 levels.
As cup and handle is a bullish formation,this will try to break the zone,if doesn't,we can take a short trade.
other details are mentioned in the chart.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
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