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THREETREND RESEARCH

22nd Dec · SEBI-Registered Analyst

KEC
When a stock starts moving up from a support zone, it indicates that buying interest is stronger than selling pressure at that level. The support zone acts as an area where demand comes in, preventing further price fall, and buyers gain confidence to push prices higher. This movement often signals a potential trend reversal or continuation of an existing uptrend, especially if supported by good volume or strong bullish candles. It also suggests that market participants consider this price area as fair value, increasing the probability of an upward move in the near term.

#TechnicalViews
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