theapextrader7

Educational - Opening range breakout trade in Apollohosp

NSE:APOLLOHOSP   APOLLO HOSPITALS
Opening range breakout trade can be entered into when:
1. Volume expansion is clearly visible
2. Rsi is rising
3. ATR rising
4. Price decisively closed above R1.

Exit points can be pivot points , or nearby resistances, or can be held onto day end
Comment: SRTRANSFIN. and COLPAL on 24-9-2020 too had similar setup.