Please read the notes mentioned on the chart.
1. Monthly resistance has been created for the stock and it is making continues lower highs.
2. Do not get into the trap and quit immediately. Major resistance for the stock is 718 and then 721.
3. The pivot candle for the stock was 12-4-2023 and it has not been broken. Price is below that.
4. There is only one candle for the Indian Market today i.e. 12-6-23 1:22 PM.
Conclusion to trade in the Indian Market today, (All Stocks)
Mark all these candles on the chart:
a. 12-4-23 9:29 PM
b. 12-5-23 10:46 AM
c. 12-5-23 3:12 PM
d. 12-6-23 1:22 PM
If price of a stock is above candle c only then buy and trade till 1:20 p.m. otherwise sell.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.