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ABC company, opening is 1020 points.
The positive point given by us is
+70 points and the negative point given by us is -20 points.
As per above (1020-20) = 1000 and (1020+70)=1090.
Therefore the range for ABC is 1000 to 1090
Please note that if you observe a trend that the script is trading at the negative point level for a longer period, then this might be an indication that this particular script is entering weak zone. If this continues, the script might observe a downtrend in the next trading day.
Similarly, if you observe a trend that the script is trading at the positive point level for a longer period, then this might be an indication that this particular script is entering strong zone. If this continues, the script might observe an uptrend in the next trading day.
Please wait ...