Since the gap up opening the market has made an upward move and made new all time high with the candles getting weaker with fall in volume. The market had good supply at the all time high which gave us a new supply zone. According to me the market will give a retest in an upward direction and the start its move downwards to cover the gaps. Watch out for Short...
Nifty in channel pattern as well as new Support.
Act on price action and not someones call, they are right but thats there strategy and they know exactly when to buy or sell in live market as per the current day sentiments and trend. Make your own plan and trade, thank me later
Follow For Price action charts
a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents. Buy with stop loss close below 29.50.
Last week we gave a multibagger call at rs.9.30. I do not work in penny stocks. But some special information about it, and there was a break out on the charts as well. the possible target is 18.those who did not take it, do not buy now.