Mobikwik Chart analysis.
Step 1: Trend analysis
1st chart ni weekly time frame lo chuste will get know the trend of the chart,so currently mobikwik in reversal zone
Step 2: Pattern
Next manam chustuna pattern Descending Triangle pattern so we need to check that price is breakout or not
Step 3: Entry
So Manam breakout aina tarvatha matrame entry plan chesukovali leda wait for that
Also Read: Chart Reading Concepts – Complete Roadmap (by Onetrader)
Step 4: Volume
Breakout time lo volume ela undi kuda observe cheyandi
So Nen chart lo breakout candle, volume and all time high mention chesanu
“This article is for educational purposes only. Not financial advice. Please consult a SEBI-registered advisor before investing.”
Also Read: How FII and DII Flows Impact the Stock Market – onetrader
