The following points are confirmation for U-Turn.
The volume will decrease if stock wants to change the direction OR, Volume will be average vol.
We will see the tail end of last 2 candles after a surge in price (approx. upto 491.8)
The currently TATASTEEL is trading in up-trend, but time-Cycle(iii) is the negatives in time. The previous support can be...
NSE:BPCL Stock was one of the top gainers in pre-market.
The Price on daily chart has formed morning star candlestick pattern which is a bullish reversal candle and it has also formed a falling wedge pattern which is a bullish reversal pattern. we can expect spikes in buying volume in the the share price of BPCL.
**for study purpose only**