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Mohit44
Feb 24, 2024 8:10 AM

CHANGE OF POLARITY-MPHASIS Long

MPHASIS LTDNSE

Description



On weekly TF the resistance has been broken and is now acting as support.
Volumes are good and it is consolidating near support.
If it breaks and closes above resistance then it can be a good buy for ATH target.
Disclaimer: This is not a trade recommendation. This is purely for educational purpose.
Comments
vanathi
Hi,

Welcome to the TradingView community. Good work on your first analysis.

regards,
Vanathi
Mohit44
@vanathi,
Thank you.
Mohit44
Do check daily Time frame volumes and you will find that the pullback volume is higher than the continuation volume.
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