reversed from the resistance zone , currently consolidating near the demand zone ,
the red line is resistance line the green line is support line it bounced back from support and finally broke the resistance line,
i am confused can any one explan i think this is sell
should long with target of 865. positional trade idea for test purpose only. major news being : addition to nifty 50, the stock the react to the news. e.g: ibulhsfin target 865 sl: 812
So i have a Bat pattern forming here to go long paying attention right now on the candle stick patterns to favor my analysis long.