CHOLAFIN--Near its Demand Zone??

After a strong bullish momemntum price is given us some retracement, to enter long.
previous resistance is turning to be a support....
a strong supply is seen from 1190 zone...
if price acts as a demand 1150 zone...will seen it will test the supply again.
if it wants to fall...it has to break the demand and retest then will go short.
until don't think of short.

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