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From the chart, it is seen that a Strong Supply zone is present which is indicated by the two equivalent tops. This shows the failure of two consecutive attempts to cross a specific price point. But due to increased support, the aggressive Bulls however managed to Breakout the Resistance along with a Gap. The price is therefore expected to move further up and it is recommended to create Long position.
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Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
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