Reason for long
a) Decreasing bear volume and possibility of reversal
b) Good engulfing candle
c) trend line breakout possibility
d) Super trend support
e) channel support
Howsoever, weekly and monthly price position candle is showing little bearishness and hence SL compulsory
a) Decreasing bear volume and possibility of reversal
b) Good engulfing candle
c) trend line breakout possibility
d) Super trend support
e) channel support
Howsoever, weekly and monthly price position candle is showing little bearishness and hence SL compulsory
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