The previous demand zone has been broken by the closing trade. But we responsive buying (according to Market Profile) from the buyers below leaving single prints and ending the day with an upthrust bar. There is a possibility gap up open .
This gap up open shall absorb the immediate supply zone. If failed we may see down fall, else stock will spend some time on yesterday supply zone and move up.
This gap up open shall absorb the immediate supply zone. If failed we may see down fall, else stock will spend some time on yesterday supply zone and move up.
Note
gapped up and resisted now as saidTrade closed: target reached
The stock has fallen down by 50 rs in 3 days
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.