The price analysed in daily and monthly time frame.
Gap Analysis - the news based gap created in stock and price reversed to fill the gap. As mentioned in chart, now gap level acting as support and price closed above 200 ema.
Monthly Chart - the fib level acting as support & resistance and volume strength visible in chart.

Thanks
-AJ
Disclaimer - The chart analysed for educational purpose only.
Gap Analysis - the news based gap created in stock and price reversed to fill the gap. As mentioned in chart, now gap level acting as support and price closed above 200 ema.
Monthly Chart - the fib level acting as support & resistance and volume strength visible in chart.
Thanks
-AJ
Disclaimer - The chart analysed for educational purpose only.
Note
runaway gap filled.Note
domino effect 🙃Note
opportunity to accumulate as stock at support level with stop loss of 7%Note
bullish candle from support level at Rs 980.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.