Where support becomes resistance. Short

APOLLO HOSPITALS.NSE

Description

⋅ May 10, 2020 3:54 PM

Breakdown from a trading range, faced with a pullback towards the support.
Now support acting as resistance.

Would be a false breakdown if goes back in the range.
But a perfect short if gets rejected at resistance.

Happy Trading :)

Comment

⋅ May 11, 2020 10:20 AM

More Rejection = More confirmation for a short.

Trend Analysis