This analysis is only for educational purposes, Invest at your own risk!
Any kind of criticism is highly appreciated !
CHEERS!
- The price had reached and bounced off its bottom most support and started its uptrend
- The price may head up to the resistance line at around 2977 INR.
- Taking a long position at around 2510 INR and holding till the price reaches aroung 2800 INR can be profitable.
- The ON BALANCE VOLUME indicator also shows an uptrend since there is also supporting volume
- The stop-loss must be placed near the support .
Any kind of criticism is highly appreciated !
CHEERS!