Tail it has all the characteristics and underlying implications of the excess price, but is stronger. The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price action. Because less time spent shows greater rejection. Observe how price goes above value and spends there the least amount of time possible. This level is rejected very swiftly.
May 21
Order cancelled: Not triggered


Interesting worked.
+4 Reply
for short selling, as per your value area 1480-1490 is good price to short this stock, isnt it?
+3 Reply
@JaydevRaval, i think short range should be little less, like 1475-1490, right?
+3 Reply
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