theapextrader7

Educational - Opening range breakout trade in Apollohosp

theapextrader7 Updated   
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.

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