Hello Hitesh Sir,
Thank you for the detailed explanation on Delhivery chart. I had a small doubt on the same chart structure which is regarding the volumes for the red candles. As can be seen in the chart below (indicated by the arrows), big red volumes are observed during the formation of cup bottom and also during the handle formation. Do you think this is a weakness signal for the stock or can we interpret this in some other way. I am asking the doubt as per my understanding of the textbooks on technical analysis.
Thank you in advance.
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