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syedaleemuddinnoor
Jan 15, 2019 4:01 PM

[Intraday] Weekend lvl 6 + bounce back from ~259 CHENNPETRO Long

CHENNAI PETRO CPNSE

Description

Had been falling continuously for ~6 days, today was the first day to form a candle which broke yesterday's high
Go long, only if previous days high is broken with stop loss at previous days low
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 266.1
PDL 262
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