nalinakshi
Education

I have posted how one can identify the move of price

NSE:CEATLTD   CEAT LTD
above you see price is in range and ADX below 20 and tht is lthe calm . sell call is ltriggered when _ve DMI mad 2nd peak in the highlighted area, and the sell off became aggressive when it fell belwo the l50 day moving average, though indicators are lagging if you learn to read carefully , they will alert you what to do
Comment: now price is making attempt to cover the shorts and at the price is at 50 day moving average . price has made two attempts to move above the 50 day moving average, now muscle power is needed to move above this, a strong lbullish candle will erase the sell off and you may see price moving up. will the sellers give up, if they have to give up price has to move above 1778

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