Inspite of the stock having a bearish momentum, Price gave a bullish closing.
Condition 1 : Buy above 100ema( DARK GREY) and Incase there is good volume it will be able to break the zone to go for 1273
If it's not able to break the zone or is facing resistance from 200 Ema then sell on top. USE TE REVERSAL CATCHER FOR REVERSAL SIGNALS OR OTHER CANDLE STICK PATTERNS ON TOP
Condition 2: Sell if the stock is able to break the lower trendline with good volume it can go for 1220 zone and requires volume to break it to continue with its downward momentum.
If it's not able to break the zone then buy at bottom. USE TE REVERSAL CATCHER FOR REVERSAL SIGNALS OR OTHER CANDLE STICK PATTERNS ON BOTTOM
If you like the analysis, do leave a like and follow for more such content coming up.
Analysis are my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING
Condition 1 : Buy above 100ema( DARK GREY) and Incase there is good volume it will be able to break the zone to go for 1273
If it's not able to break the zone or is facing resistance from 200 Ema then sell on top. USE TE REVERSAL CATCHER FOR REVERSAL SIGNALS OR OTHER CANDLE STICK PATTERNS ON TOP
Condition 2: Sell if the stock is able to break the lower trendline with good volume it can go for 1220 zone and requires volume to break it to continue with its downward momentum.
If it's not able to break the zone then buy at bottom. USE TE REVERSAL CATCHER FOR REVERSAL SIGNALS OR OTHER CANDLE STICK PATTERNS ON BOTTOM
If you like the analysis, do leave a like and follow for more such content coming up.
Analysis are my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING