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Given below is the price chart of one of Indias largest tech companies for the period starting from Jan 2021 to 21 Jan 2022. The
Given below is the price chart of one of Indias largest tech companies for the period starting from Jan 2021 to 21 Jan 2022. The candles are recorded daily, where each candle represents 1 day. Answer the questions given below based on your assessment of the price chart. a. Why 3400 is an important level in this chart? Explain [5] b. What can you say about the price movements in the coming 3 to 6 months? Give reasons for your predictions? [5] c. Devise a trading strategy based on the chart given above. [5]\
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