vanathi
Education

Traders Queries : Finding trend direction.

NSE:JUBLFOOD   JUBILANT FOODWORKS
Query : How to find trend direction as I am confused with tails.

Answer : Yellow line is the support which turned as resistance, Once the price has broken the support, it becomes resistance. When price was nearing the support, the candles were forming with long upper wick, which indicates more sellers were coming in. Once the support was broken, trend was bearish and selling pressure was indicated by candles, we can sell.

Conclusion : Find stocks which has broken the support to go short.

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Jul 09
Comment: "Typo error" Do write your comments.
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Best analysis :)
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thanks A looooooooots......
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vanathi shahkanchan
@shahkanchan, Good.
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@vanathi, See the real support and resistance line. Many people come and show that they have taken mastery on trend line. May be they fail to remember their homework to do it properly.
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vanathi shahkanchan
@shahkanchan, Right.
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NOWADAYS UR IDEAS DNT HAVE KNOWLEDGE JUST LIKE CALLS I NEED KNOWLEDGE LIKE OLD DAYS NOT CALLS MORE PERSON GIVE CALLS BUT RARE ONLY SHARE KNOWLEDGE U ONE OF THEM
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vanathi villagetraderbro
@villagetraderbro, Your knowledge is super powerful. So others knowledge looks dim :)
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@vanathi, NOT LIKE THAT BRO PLS EXPLAIN WITH TECHNICAL THING TOO BRO
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vanathi villagetraderbro
@villagetraderbro, Hey girl I have already explained :)
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