nalinakshi
Education

Inside bar

NSE:TATAELXSI   TATA ELXSI
this inside bar indicates stock price correcting. price has closed below the trend line resistance and also inside the lower trendline support, Inside bars are neutral bars sometime they indicate tren reversal. so here in this case inside bar is formed at the trendline resistance and closed below the resistance line, so confirmation will be when it trades below 1177 and when it kfalls lkbelow th low of mother candle low , can see short term trend reversal
Comment: working as per the script
Comment: 1153 now.

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