DATE :14:05:2019. April candle closing with extended range candle with high volume indicate following : 1. Sign of end to the downward trend 2. Big volume also support selling climax 2. Institutional buyer may start coming to the market ACTION PLAN : 1. Time to start paying attention to smaller time frame weekly and daily. 2. Stock to watch within the index :...
The inside day bar momentum is negative. Price is likely to test 1100 which is the nearest support.
The market is in the bear market . NSENG:NSE30 Price is below the EMA 20 . Price level to watch is 1100.