If we look at the chart, we find that the price(Index point) has been broken the Downward Slopping Channel. It's a very good sign.
If we look at the volume chart, it has also broken the 15 days WMA. If we compare it with previous few days' volume, we can say- it's positive. Really, is it positive? Today, INDEX has been increased more than 200 point. Now, we can compare the today's increased index point with today's volume which is less than 550 crore. Is it little bit imbalance? Tarpor-o I'm happy. Volume ta ar ektu barley ar ektu beshi khusi hotam.
BTW, What will be happen tomorrow? Nobody knows except Almighty Allah. I'll just tell you some story of possibility.
(1) Some people will take profit.
(2) Some people who have come to break even will try to get out. And
(3) We will see some fresh buy.
=> If the no. 3 (Fresh buy) can capture the no. 1 (profit taker) and 2 (break even trader), we will see a positive end.
=> If 1 and 2 win but volume is low, it's a positive sign and later on, most probably end of this week, we will able to see a pullback.
Finally, I've tried to draw two resistance lines. But first we need to break the psychological resistance level (6000) that we will face tomorrow. Allah Hafiz.
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