Gap down didn't triggered our buy order, hence we didn't have entry today. The low broken looks a matter of concern. I'll look for another opportunity in future.
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I expect anyone who is reading my writings to know that there is nothing "certain" in the markets. Neither the %gain on stock nor "out-performance" or "under-performance". There is a risk and opportunity cost involved in both, buying and selling. Selling at any price can often result in "opportunity loss" when the stock moves higher and higher. Human psychology is a culprit here. For e.g. I post any stock which seems undervalued or overvalued to me on tradingview. When anyone makes money on that, they wont appreciate me "a single word". But when they lose or it results in opportunity loss, they are bound to blame me. I don't criticize any person, because I know their psychology has defeated them. At last, there is nothing like "easy money" in the markets. The survival of the fittest holds absolutely true here.
just look on chart itc multiple time tested support now support is weak we expect breakdown
UnknownUnicorn7637383
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@sandeshbarure555 Thanks for your comment. 1.That's why I asked to go long only when it breaks the previous daily "high". 2. The more time it'll spend (consolidate), the bigger breakout it will be. 3. It's making higher lows and shrinking the range (symmetrical triangle). When it breaks on either side, it should move fast.