Price has come back in the parallel channel. There are five" No Trading Zones". Price has twelve touches on the Gravitation line, five touches on the upper band, and six touches on the lower band. There is the line of the power where the price has five major reversals. Also, bullish volume is increasing on the chart. Price has made an excess on the chart, and we can see throw over on the parallel channel. As per the excess, we can ensure that price extreme can make excess on the upper band of the parallel channel, Or price will touch the upper band and reverse itself. The upper band indicates high selling points and the lower band indicates high buying points.
i have 900 ce april of adani port @ rate of 21.45 now its 4.2 Rs. What should i do?
kms3019
⋅
hi...I already bought @750..what is your opinion on it ..hold or exit ! thank you
UnknownUnicorn5245909
⋅
@kms3019, its monthly tf bro . It will take time and longterm view. Don't take decision with this chart if you are day trader. Or swing trader.its longterm
kms3019
⋅
@Riya_roze, thanks bro
NiravMehta
⋅
So its still buy till it touches upper band and then short