HUGE VOLUME WITH INCREASED PRICE SPREAD READY FOR BREAKOUT
1. LOW VOLUME BEARISH CANDLES WITH NARROW PRICE SPREAD IS SIGN OF WEAKNESS FOR LOWER TREND 2. BULLISH CANDLES WITH HIGH (ABOVE AVERAGE) VOLUME SHOWS SIGN OF STRENGTHS 3. BULLISH CANDLES FORMATION NEAR SUPPORT (BUT WITH LOW VOLUME-SO WAIT FOR ANOTHER PULLBACK AND ENTER NEAR 48.7)
1. WEAK BULLISH CANDLES IN DAILY AND WEEKLY TF 2. DECREASING VOLUME WITH INCREASE IN PRICE 3. PRICE SPREAD DECREASING NEAR RESISTANCE
WEAKNESS IN THE CANDLE ALONG WITH HIGH VOLUME IN DAILY TF NIFTY IT IS TOO MUCH EXTENDED NOW AND NEEDS CORRECTION
1. LOW VOLUME PULLBACK IN DAILTY TF AFTER BREAKOUT 2. BREAKOUT WAS WITH GOOD VOLUME
1. LOW VOLUME PULLBACK IN DAILTY TF AFTER BREAKOUT 2. DECREASE IN PRICE SPREAD NEAR SUPPORT
1.LOW VOLUME TEST ON EMA 2. SIGN OF GOOD STRENGTH WITH STRONG BULLISH CANDLES SUPPORTED BY INCREASING VOLUME
#ADANIPORTS 1. At First Clear Selling Absorption. 2. Low Volume Test. 3. Bullish strength was seen. 4. Low volume Pullbacks on EMA's. 5. Inside Bar Breakout with Strong volume and Price spread after testing 50EMA. 6. Trading mostly in above range.
GOOD PULLBACK STRUCTURE PRICE AND VOLUME SPREAD DECREASING IN PULLBACK STRONG BULLISH RESPONSE NEAR DEMAND ZONE
STRONG CANDLE CLOSING IN WEEKLY AND DAILY TF VOLUMES ARE GOOD AT BREAKOUT NIFTY METALS ARE LOOKING BULLISH
HUGE SPREAD WITH ABOVE AVERAGE VOLUME ON PULLBACK CANDLE 50 EMA IS BROKEN DOWN WITH HIGH VOLUME IN DAILY TF LONG SELLING WICK IS THERE IN WEEKLY TF NIFTY IT IS SHOWING WEAKNESS AND LOOKS TOO MUCH EXTENDED
Inside bar candle is formed on 19th june,2020 with some perfect conditions. 60% of Mother candle is equal to inside candle range. 75% of volume traded on mother candle is equal to inside candle volume. 10DMA is also respected. 0.5 level fibo support. Good to enter at price closing above 10DMA.