Firstly, look at the channel, the candle closed at the bottom. Now look at the stochastic indicator, it has hit the bottom along with RSI. You can verify with 15mins, 45min, 1-hour charts. Looks like there is a possible up move. Suggestions are welcome.
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Just checked the FII data. I doubt if the long will persist. They are expecting a much lower level for reversal. If the candle goes out of the channel. Expect red. All red.