Indus tower is in continuous downtrend and now, it is on a strong weekly demand zone.
A small pull back, at least can be expected from this level. Even for a continuation of bear trend, a lower high has to be made.
However, entry can be confirmed only when there is a small breakdown from the level and subsequent strong buying is done, i.e. a bear trap.
A small pull back, at least can be expected from this level. Even for a continuation of bear trend, a lower high has to be made.
However, entry can be confirmed only when there is a small breakdown from the level and subsequent strong buying is done, i.e. a bear trap.
Comment:
148 from 136 already.
Trade active:
160 from 136!
Just the type of move which happens from a strong support after consolidation.
Trail SL to cost if entered. Stock should move upto 176 before facing a strong rejection,
Just the type of move which happens from a strong support after consolidation.
Trail SL to cost if entered. Stock should move upto 176 before facing a strong rejection,
Comment:
172.95!
The stock is forming higher low, higher high now.
The stock is forming higher low, higher high now.