On weekly chart Hind zinc is making higher high higher low formation. Just below the all time high stock is consolidating. longer the consolidation more powerful is the breakout.
Inside Bars Are formed Just before a breakout. Inside bar means one low volume small red candle is formed between big green candles and also opposite of this is one small bodied green candle is formed between big red candles.
As you can see stock is stuck in range for a long time now, and is hovering at the upper end of the range. Expecting a good move here in coming days. check the chart below
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Can enter here today at CMP 297 with tracking qty
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Entering yesterday will reduce our over-all average price.😊
entry bar after another candle maybe or have you already entered
varadtambolkar
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@S1OS6A18, no will waiting. It came far away from moving averages within less time.
Short time frame moving averages and price should be near to the resistance 😊
varadtambolkar
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@S1OS6A18, check grindwell norton idea. It is more clear 😊
varadtambolkar
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@S1OS6A18, it moved near the resistance yesterday. Expecting a move now.