BOSCH....PREPAIRING FOR A BIG MOVE!!!

19 Ara 2020

BOSCHLTD
A very heavy volume based region can be seen on the chart. This region can be either Accumulation or Distribution.
Mutual funds buying can be seen in the month of November, which is certainly a Bullish Sign.
But OPTION CHAIN is currently Bearish for this stock and some delivery based selling can also be seen in recent days as mentioned on chart.
So will it be a Long story or a Short one, can't be said at the moment, But a big move will certainly come as we can see heavy volumes building up.
We must wait and see in which direction the breakout will happen along with heavy volume bars, and ride the trend.
Do Share your thoughts :)