This is how how I analyse the trend of stock and their pattern formations.
This is just my analysis of a trend of a stock Dmart.
I'm not a proffessional trader/pro trader.
This post is just for information purpose only.
1. BIG GAPUP, FOLLOWED BY BIG GREEN CANDLE .
2. PRICE SHOWED THE REAL FACE AFTER LOSING MOMENTUM
3. NOW AFTER BREAKING SUPPORT OPENING PRICE , THE PRICE HAS TO FILL THE UNNECESSARY GAP - UP
4. ON CONFIRMTION A SHORT WAS GIVEN
5. FOR THE TARGET FOR PREVIOUS DAY LOW
