$ENSO (Last: 1.535 | +28.88% | ~Rs429.65)
$ENSO 's move is strong but not as extreme as SYN, so its chance of stability is slightly higher. Such days often show continuation of 20–30%, but only when the price does not bleed too much during a pullback and buyers appear active again. I view ENSO from this angle that it is now attracting new participants, and those who missed out earlier jump in during the pullback, which is why reactions during dips are important. If the pullback is shallow and the candles keep getting smaller, it is a bullish sign, and if the pullback comes with heavy volume, then momentum can be weak. The trade idea is to patiently wait for a retest or a consolidation break, as entering the market at the top often becomes an unnecessary risk.
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