Network18 Media - Bullish Pin bar on channel support
Note: This is for educational purpose only.
There seems to be a bullish pin bar on channel support. There is a rise in volume as well which indicates buying pressure. RSI at 51 indicates neutral zone (neither bullish nor bearish).
Buy above high of the pin bar. SL should be a little below the lower channel.
There seems to be a bullish pin bar on channel support. There is a rise in volume as well which indicates buying pressure. RSI at 51 indicates neutral zone (neither bullish nor bearish).
Buy above high of the pin bar. SL should be a little below the lower channel.
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