Earlier in The Day - When Magical Level of 43350 Holds
Ending diagonal
Also known as an ending wedge, is a term used in the field of technical analysis to describe a specific chart pattern that signals the end of a trend or price movement. This pattern is characterized by converging trendlines that form a wedge shape and typically consists of five...
NSE:HINDUNILVR has been falling for almost a week now and has touched its demand zone.
The possibility of moving up is good. Majorly there are two possibilities form here:
1) Accumulation of buyers at these levels as we have seen previously that sellers are defending highs that are made recently. that means a consolidation at this phase.
2) Moving up as it...
