mohit_nischal

Inside Bar Formation

Long
NSE:CREDITACC   CREDITACCESS GRAME
The Chart shows Volatility in the price movement going down for two consecutive weeks, in week A it is 12%, in week 2 it goes to
8%. Now for us to be sure we need to see a drop of at least 50% from one week to another and from week B to week C we get that too. The contraction goes from 8% to 4% and the stock after going straight for a week goes flying up 14% in a market that was free falling.

Inside Bars work best in low float stocks.

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