You should always have a plan in case the opposite happens since it will happen often.
High 3 (this can is attracting buyers/scalpers/chartist attention)
-> High of the candle is higher than H2, and H2 is higher than H1.
Volume is on average as normal.
The trading range is tight and high trading activities and price rotation found.
We have found a similar...
Volume Profile + Technical Analysis helps us to determine the Value shifting.
JSW Steel just now broke the High Volume Node, This is one clear indication that the stock value is going to shift to Higher Price.
Technical analysis supports the same - Base Formation + Rounding Bottom and Long term range broken .
Volume Profile is the only tool which can helps us...
stock is in uptrend in the short term and if the stock breaks the barrier of 269.2 then we can expect a nice rally towards 277.keep a stoploss of 265.both positional and intraday traders can take part if the barrier gets broken.