Accumulation with narrow range 看多
描述
⋅ Stock moving in narrow range.
Volumes have increase in last few sessions.
There is also pause in momentum.
(Check attached link for similar idea)
This shows we may see a good upside soon, breakout from narrow range.
Stock is holding at good supports, taking a breather after previous rally.
Check the location of narrow range
On monthly it has made new high.
support turned resistance.
Check image below
Keep a Stop loss at 107 on daily close basis.