PARAGMILK declining
Weekly: its declining since many weeks and making LH LL pattern
Daily : Tried to go up but after forming double top its rejected and now trading near resistance zone. its trading in triangle pattern.
Hourly : Formed mother candle and now trading inside it. whenever break UP/Down side its good to enter trade.
Our daily zone is near 88-92...
Coal India is looking bullish on chart for short term positional trade.
The Mother Candle along with Inside Candle Concept is widely used by trader universally.
This pattern is considered to be a high probable trade setup and is also one of my favorite trading setups for intraday / swing / positional.
One can look for entry between 228-230 provided a daily candle...
Fakey (Hikkake) pattern with Bearish engulfing inside bar. Usually, such patterns exhibit a rapid move once mother candle is broken in the opposite direction.
