Price is approaching the bullish gap area.... A strong fall is observed after a lot consolidation... It may continue its trend to the upside... If we observe a weakness in buyers to push the price up. Chance of fall back...until price breaks this demand keep in long view.
this stock is facing resistance @1280 range... after turned to be bearish price testing the resistance by creating a bullish channel... if this channel breaks and retest price fills the bottom bullish gap...
Observations:: ------>> the stock is Trading in the channel, wait for channel to be broken, Upside or downside. we have a strong supply zone @960 level, where previously strong sell of is observed, and slowly moving to upside. if it it breaks upside we have gap left @1020 level that will acts as Resistance. if it breaks down we have strong demand @800 level,...