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NSE:AMRUTANJANLooks over sold and near a support zone where a good buy range move expected, wait for for a small turn back candle and get in,,
Note : understand the price action , trend is always unpretending.
Stock at Major Trendline Support.
One can buy with small SL of close below 560
Looks like a nice Wyckoff Re-Accumulation. Notice the steady drop in volume as the range progressed. This is a typical sign of accumulation. Sellers dry up as buyers lap up available supply. Notice the spike in volume in the current bar. Indicates buyers are getting aggressive.
A breakout past the top of the range at 540-ish would be a sign of strength and ...