ABCAP can give us a nice trade but risky as sgx nifty already 100+ points down stock can open gapdown,risky traders can shot if gapdown with last 15min candle high above as sl & if not gapdown can wait for reversal candle like doji or bullish engulfing,if formed can go with buy with reversal candle low below as sl for minimun 1:2+take profit,as my stratergy gives me 50+%of accuracy i follow strict 1:2 minimum take profit orelse it would be difficult to survive in market
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.