@CautiousChartist : Request an Update Please - What's your view on the Pull Back ? Healthy one ? Also, can we consider the new insider bar on the chart ? Also, Your Target 2 Achieved !!!!!! Wonderful
CuriousChartist
⋅
@Thataghata, Yes, the retest of 107 levels is done with this week's green candle reinforcing strength into the stock. Once it closes above 118 the trendline also will be broken and the stock should at least rise till 133
Thataghata
⋅
@CautiousChartist, Your Confidence & Expertise - Next Level. Thank you so much for teaching me Inside Bar, way back, made an entirely own analysis for a re-entry at 118.35 based on same learning. Thanks a lot :) !!
@CautiousChartist : Would request you to please post an educational idea on how to analyze the post-break-out point - Please correct me if I am wrong in my basic thought process here. Thanks a lot in Advance. Learning a lot from your posts.
CuriousChartist
⋅
@Thataghata, Well, google will give you a lot of reading material in detail but the synopsis is - the breakout should happen with above average volumes. Following that during a retest or side ways movement look for good volumes on green candles and low volumes on red candles. That is all. No more complication.
Thataghata
⋅
@CautiousChartist : SPOT ON - Your Analysis - ONGC H: 122.95. Also learnt Double Bottom & Cup & Handle from this - Thanks to you also on this.
CuriousChartist
⋅
@Thataghata, Thank You. Inside Bar Strategy seldom disappoints.