I would like to Explain it so that you Guys can understand
01) Sell on Rise me , Usually I am forecasting as Price are moving in weak , that means most of market participants are selling and there is likely it will not sustain the further rally ,
02) Specified area or Zone i refer here , Not necessary it has to make that level , but its one of the possible levels ,
03) How you can take trade , You have to take trade only with reversal sign , that means when any trend is broken and it turns the other way , You will identify it as market direction and you will take the trade only with confirmation
04) I do not provide any kind of Educational services , But i have posted few charts as Educational , which i feel it is necessary for fresh or new retail when visit them can understand it and try to act with market direction
Regarding this Scrip
This one is moving in weak and that means you can look for selling short in , currently due to Crude is low so the Paint scrips are moving up side , but Buying is not a Good option, One can look for selling Opportunity
05) I do not advise for Options selling or buying Until the person is self sufficient , as i have received few Personal message asking for Options Trade recommendations , they are time & price value , So i advise its not suitable for everyone , New People in Stock market do not try to Trade Options
Just to be clear, I normally see 1 day candle and at close. On your other posts you mentioned to check for 1 hr, 4hr candle.
Thanks for the explanation again.