Check day chart u will found same candles in all time .
Whats the use for trading in those stock which follows nifty , becuase its like we are trading nifty
Even beta is like that but still whats the logic .
So any good suggestion for this ?
I dont mean to that but i want to convey that if stocks are following nifty most similarly then whats the meaning of trading in that stock , its like we r trading nifty ??
Yes thats the good point you have informed that 3% breakdone is more reliable.
Also i got the early signal for reversal in Coal india when it create doji in 1 hour time frame and close near 260 in hour TF if you have noticed but it was same as nifty , means nifty also made doji at that time and revered.
time frame- jab tak target ya sl na hit ho jaye