traderhimanshu

Buyers are ready to control MAZDA

Long
NSE:MAZDA   MAZDA LTD
A good price action is forming on MAZDA .

Sellers were in full control with good strength suddenly buyers came into the game and took the control.

Within few sessions buyers take the price to the all time high after breaking out the resistance zone with good volume forming a structure like pole.

From there price has gone into the rectangular descending price range Forming a flag like structure.

Now price is near the resistance are. Can give a sharp breakout.

Keep an eye!

Keep learning! Keep earning!