Tradersasi23

Strong close indicates Bullishness

Long
NSE:ONGC   OIL & NATURAL GAS
Price closed very strong on friday close. One can see there is no rejection from the bottom or top of the candle shows big bullishness in the stock. But still the trend line is not broken. As it is a falling wedge price to raise !!!

Comments

falling wedge . price will increase ... what does it mean ?
What if rising wedge ?
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