techtrail
Long

Kajaria Ceramics: Nice Action-Reaction Line

NSE:KAJARIACER   KAJARIA CERAMICS
149 views
6
149 0
After a sharp fall, price has stabilised and tried to recover some lost ground. The close above the 200-dma is a positive sign too.

The red lines represent Action-Reaction lines. Andrews Pitchfork is a subset of these Action-Reaction lines.

Price could rally to the upper red line at 680-ish.
Comment: Nice move since the previous update. Price is closer to the upper red line or the reaction line. Let's see how price behaves at that line.
Comment: Price hits the upper red line or the reaction line. This is not unusual and happens quite often. That is the power of properly drawn Action-Reaction lines
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out