BEL; will it goes with DT or with moderate UT ?
The stock depicts a clear view of DT as far as Monthly weekly and daily charts. However, as far as 45min chart concerned it gives a moderate uptrend and there was tough Fight between sellers and buyers where the candles were rejecting the EMA and UT
Hence the decision was hypothetical, if DT was respected then it was advised to take short when candles give confirmation below the EMA. If moderate UT was respected wait for confirmations by breakout of DT and take long position
Hence the decision was hypothetical, if DT was respected then it was advised to take short when candles give confirmation below the EMA. If moderate UT was respected wait for confirmations by breakout of DT and take long position
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