Sometime many investors stuck in upper price level that means they purchase at resistance level. General people start panic selling when they stack a resistance level and ultimately price goes down. After few days number of sellers also decreases and market makers take this opportunity to make money. That time they purchase share in very low price and supply decrease gradually. When supply decreases the demand increase and ultimately it push price to increase. This price push breaks the resistance level and price goes up. Again Market makers takes this opportunity and sells their total holding to general investor and remain inactive for sometimes. This is like a cycle and continues forever.
Chart Analysis
