TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
AC line will act as resistance line.
BD line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the...
Hey Traders! how are you all ? Hope everyone is Bullish..hahaha..jokes apart!
Coming to trade..
PVR making an Inside candle in Daily chart, keep your eye on this stock.
All Levels are marked on this chart.
MY VIEW: hmm Bullish(will wait for upside breakout)
Let it break the rectangle then only enter the trade otherwise wait for consolidation. "More...