Berger Paints Arbitration and Technical Wedge - Buddha Trade
Updated
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
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.
Reason of stock picking = Asian Paints has a PCR of 0.3 and is at support. Comparing synthetically it is at over appreciation. Anyways r:R is a juice.
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.
Reason of stock picking = Asian Paints has a PCR of 0.3 and is at support. Comparing synthetically it is at over appreciation. Anyways r:R is a juice.
Note
Not breaking. Not good. Wait till it breaks. No aggrr entry.
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