As per analysis 2day grasim hits new all time high in first15 min afterwards it's not sustain or unable to take 15min high and formed mothercandle in positional trade setup which resulted in 2% down move. I m working on this formation how we can moniter positional trade in first 30min of trading day.
Take away if mothercandle formed in positional trade then book profit.
Chart PatternsGRASIMTrend Analysis

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