INDUSINDBK PRICE ACTION STUDY
stock for intraday see how price action work stock take resistance near 1548 level on 1st rejection seller push the price 1515 on 2nd rejection seller push the price 1507 on 3rd rejection
seller push price at 1523 and 4rth time push the price 1533 unable to push price at lower level
means buyer are strong they will hold the price at higher level if price break 1548 seller will exit or take stoploss price will move up this is the logic i would tried to told story behind chart
thanks for read this
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
seller push price at 1523 and 4rth time push the price 1533 unable to push price at lower level
means buyer are strong they will hold the price at higher level if price break 1548 seller will exit or take stoploss price will move up this is the logic i would tried to told story behind chart
thanks for read this
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
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