Anupam Rasayan Simple Price Action Analysis Bullish
ANURAS
The Price is in an Uptrend making HHs and HLs on a Candlestick Chart. The expectation is that it will continue the existing Uptrend and hence will create a new HL and HH in the candlestick chart, this should take the price up to 1254.45 for now. therefore, a Cup like shape might form in this chart.
We also do have a Trap Zone which might stop the current correction and help to create the HL in this chart.
In this kind of chart, one must buy in tranches at every dip and hold for an approx. 28% to 31% Return on Investment. That is 279 to 297 points.
