No Supply (NS) signal simply mean lack of sellers at the particular price range. No Supply signal can be spotted mostly in a support level. Once No Supply signal appeared, these indicating sellers have been removed from the market and Smart Money ready to mark the price higher!

Here are the signs in the chart:

1. 2 NS signal at the same price level

2. Shakeout pattern

3. Volume increasing

Below is the recording video

https://youtu.be/jcoCPsIis-Y

Disclaimer

This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock