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ravi15684
Jun 6, 2022 4:26 AM

Industower - Bearish control Short

INDUS TOWERS LTDNSE

Description

Industower - Strong Bearish control

In a downtrend formation, only when it crosses 215 we can think of the bull control...


Educational Purpose...



Comment

It breaks the current resistance in 4 hours chart... it will hit 215 and do a reversal... If it crosses open and closes above 215 then it will be reversed to the bull trend... Fingers crossed...
Comments
AJAYKANDRE
Nope looking today bearish….as per today’s candle n volume it’s looking trend reversal….m seeing it bullish now
ravi15684
@AJAYKANDRE, Yes you are right it breaks the current resistance in 4 hours chart... it will hit 215 and do a reversal... If it crosses open and closes above 215 then it will be reversed to the bull trend... Fingers crossed...
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