IBULHSGFIN
IBULHSGFIN made bottom this week (07 March 2022 - 12March 2022).
1]
No. of candles in weekly chart from 21 Sept 2020 (LOW) to 14 June 2021 (HIGH)
=
No. of candles in weekly chart from 14 June 2021 (HIGH) to 07 march 2022 (LOW)
2]
Volume in 1st box is equivalent to volume in 2nd box
3]
Price reversed from 21 Sept 2020 Low level. Hence made a double bottom.
4] From delivery percentage data (from NSE website), smart money has entered around Rs 145
Note: I may be wrong. Do your own analysis.
1]
No. of candles in weekly chart from 21 Sept 2020 (LOW) to 14 June 2021 (HIGH)
=
No. of candles in weekly chart from 14 June 2021 (HIGH) to 07 march 2022 (LOW)
2]
Volume in 1st box is equivalent to volume in 2nd box
3]
Price reversed from 21 Sept 2020 Low level. Hence made a double bottom.
4] From delivery percentage data (from NSE website), smart money has entered around Rs 145
Note: I may be wrong. Do your own analysis.
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