Network18 Media - Bullish Pin bar on channel support
Note: This is for educational purpose only.
There seems to be a bullish pin bar on channel support. There is a rise in volume as well which indicates buying pressure. RSI at 51 indicates neutral zone (neither bullish nor bearish).
Buy above high of the pin bar. SL should be a little below the lower channel.
There seems to be a bullish pin bar on channel support. There is a rise in volume as well which indicates buying pressure. RSI at 51 indicates neutral zone (neither bullish nor bearish).
Buy above high of the pin bar. SL should be a little below the lower channel.
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.