Tube Investment of India cmp 2640.10 by weekly Chart view

Keep the stock on radar for probable reversal from Support Zone else a breakdown seems imminent

Tube Investment of India cmp 2640.10 by weekly Chart view
- Support Zone at 2350 to 2400 Price Band
- Price seems respecting the Rising Support Trendline and seems taking an upside but .....
- A probable breakdown basis a False reversal from the Support zone cannot be ignored too
- Volumes are going in good sync with the average traded quantity over the past few weeks
- Overall major Technical Indicators EMA 20, 50, 100 and 200 with MACD and RSI, too seem weak