Face book spot cmp 278
Counter is trading around rising trend line support.
Symmetrical triangle formation support around 270 levels.
Elliot wave :- counter is currently trading in corrective wave 4 of impulse phase, if impulse wave 5 unfold we can see sharp rally in counter..
good support around 260-270 levels, view gets violated below 246 levels on closing basis..
upside breakout above 286 levels will confirm bullish stance for counter,, from where we can see levels of 303-319-33 levels
Counter is trading around rising trend line support.
Symmetrical triangle formation support around 270 levels.
Elliot wave :- counter is currently trading in corrective wave 4 of impulse phase, if impulse wave 5 unfold we can see sharp rally in counter..
good support around 260-270 levels, view gets violated below 246 levels on closing basis..
upside breakout above 286 levels will confirm bullish stance for counter,, from where we can see levels of 303-319-33 levels