Looking for buy because as i can see price was coming down in the formation of LL/LH but there is lack of momentum in downtrend and price bounced from support so as per my price action analysis price will go up fast once buyer take the control on overall market, So i will wait for entry signal, If entry signal is not found then I will skip trade.
Hi, Do you still think we should wait to buy this stock at this level or only after 127?
PawanPawar
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what would be the ideal price entry point?
MarketNeeti
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@PawanPawar, first let the market break 127 level, then wait for some correction and take entry on any bullish price action signal(See image twice, you will understand what I am saying)