One thing you can do today Go long on Open In This scrip and stay with it for a while so it can move up comfortably and put the stop to cost let it move for forecast
Trade active
⋅
Ha ha
Comment
⋅
Filthy animals , they again flashed the market , they are moving up if you are out of the position look for re-entry based on your entry & exit method
you can look in the chart last time also they flashed and went up , today also they flashed and moving up
Trade closed manually
⋅
it closed out side the structure hence its no longer valid for up side move which was last move out form the entire structure
is there a way to identify this type of movement , last time it was 30% and this time its 300 points move. Looks same chart as like Kotakbank chart last thursday....
I-Fund-Trader
⋅
@anbulina, Usually it is not possible identify the flash moves , this scrip has history of flash move and Gap down if you check daily chart in 2017 it has made such move , that means logically there are more than 2 Institutional investors with Huge Funds locked in as investment , usually institutions use algorithm order flow to move such moves and they reflect only one thing , they need more Quantity to buy before the next move takes place ( Especially in this ) so that they can comfortably carry out distribution when they are forming tops or intermediate consolidation before the last move up ,
we dont put the stop on high or low but we exit trade only when it close above or below the specific set up we are looking , so our cost of stop is bit higher because we have to take account of the price close above or below the levels we are looking as exit