syedaleemuddinnoor

[Intraday] Weekend lvl 8 + inside bar BERGEPAINT

Long
NSE:BERGEPAINT   BERGER PAINTS IND
Has been falling the past 8 days, with the a green candle today
Long only if it breaks the high of the previous day with a stop loss at the previous day's low or previous day close
Since its an inside bar as well, if short triggers, update stop loss to cost.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.


PDH - 292.8
SL - 286.95