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THREETREND RESEARCH

7th Mar · SEBI-Registered Analyst

GRSE
When a stock starts showing momentum from a previous swing low or support zone, it indicates that buyers are actively defending that level. The previous swing low acts as a strong demand area where the price had earlier reversed upward, suggesting the presence of buying interest. When the stock again approaches this support and begins to move upward with increased volume or strong bullish candles, it signals that market participants are accumulating the stock at that level. This often leads to a short-term bullish momentum as traders view the swing low as a reliable support and place their buying positions around it, increasing the probability of an upward move

#TechnicalViews
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