I just came across a post that connects the 'Closing of a Green candle' with the 'Opening of a Red candle' stating a Breakout. This is completely and utterly wrong in terms of analysis!
Go easy on the 'Buy' button because there are multiple resistance points.
The stock might take support anywhere from 582 to 590 before moving up. If it doesn't you can...
Price and volume contraction pattern in asinpaint
IF closing given above 3000 then we may see sharp up move
as huge oI at 3000(which is likely to unwind if cross 3000)
Above 3000(hourly close)
good support near 2975-2950
Please maintain SL closing basis
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past...