Stay updated with breaking news from Flower Low. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The smallcap index ended in the positive even as the advance decline ratio softened to 1.09:1. Nifty on Monday formed a small red candle with minor upper and lower shadows on the daily chart
Going ahead, if the counter fails to exhibit a smart rebound, the price action may dwindle towards Rs 2,288, its 200-SMA. Immediate hurdle comes to Rs 2,477(50 SMA), which must be leaped over to reclaim the losing bias.
The stock also formed bullish candlestick pattern with long lower shadow on the monthly charts, indicating buying at lower levels, with continuing higher highs formation for fifth consecutive month.
7 Common Mistakes People Make with Price Action Trading (And How to Avoid Them) All investors – new, experienced, it makes no difference – are inevitably going to make mistakes when they trade. Mistakes are an inevitable part of the learning process but are only going to hurt you in the long run if you don’t learn what went wrong, to begin with, and how to avoid those same mistakes moving forward. Below we highlight seven of the most common mistakes people make with price action trading, mistakes that can tank your profits faster than you expect – but mistakes that are (reasonably) ea...