On 2nd Aug we saw flag breakout, But candle was not good enough to confirm buyers Control. 89.50 was a high for 2nd Aug. after that there was a consolidation till 4th Aug.
Now previous Supply Zone(82-86 Price) acted as good support, which confirms buyer were still in control.
Today we saw a good momentum in the morning session, even stock made a high of 98 also.
But in the afternoon, upside movement was not that much strong ( Put 1hr chart for more clarity picture).
Our 1st target is achieved(93), For the further upside move stock has to close above 94-98 Range.
Now, 86-90 Level must act as support.
Volume Spike also we can See in today's candle.
Now previous Supply Zone(82-86 Price) acted as good support, which confirms buyer were still in control.
Today we saw a good momentum in the morning session, even stock made a high of 98 also.
But in the afternoon, upside movement was not that much strong ( Put 1hr chart for more clarity picture).
Our 1st target is achieved(93), For the further upside move stock has to close above 94-98 Range.
Now, 86-90 Level must act as support.
Volume Spike also we can See in today's candle.
