Sesa goa waiting for direction

You can see the good resistance building at 1850 level while the rising trendline is also valid. It can any time breakout on either direction. While the long position can only be taken only after close above 1850 is seen and rather with the handsome volume.

2000 would be next level where the resistance would come if it closes above 1850. While close below 1700 would give bearish signal.

No comments: