TradingView
bijoy2526
Jul 21, 2019 4:50 PM

NR7 DAY AND INSIDE BAR DAY FOR APOLLO HOSPITAL Short

APOLLO HOSPITALS ENTERPRISE LTBSE

Description

1)Some appreciable move expected .
2)Divergence between oscillator and price
3) Bar on 19/07/2019 is bearish engulfing of previous bar.
4)It happens to be an inside bar and coincidentally NR7 bar, hence we expect some good movement in coming days.
5)But question is upside or down side?
6) we should adopt inside bar trading strategy here.
7)It appears to be down wards due to divergence.
8)short it at the break of previous days low that is of 18/07/2019
with stop loss some ticks above high of 18/07/2019.
9)well you have to reverse your position if stop loss is triggered.
10)trade safely wish you good luck.

Comment

please see my previous posting of apollo hospital
More