Just sharing my learning from past observation
1. Bullish Nature could be identified by close price of stock for the day. if close price is very near to higher price, it indicates there was a buy pressure in stock but profits were not booked. ( ICICIPRULI,HDFC,MCDOWELL-N,MGL are examples from today )
2. Bearish Nature could be identified the same way by comparing close price and low price for the day. ( BHARTIARTL,PIDILITE are examples for today ).
1. Bullish Nature could be identified by close price of stock for the day. if close price is very near to higher price, it indicates there was a buy pressure in stock but profits were not booked. ( ICICIPRULI,HDFC,MCDOWELL-N,MGL are examples from today )
2. Bearish Nature could be identified the same way by comparing close price and low price for the day. ( BHARTIARTL,PIDILITE are examples for today ).