Bear Market Strategy: Bottom Fishing on Gap Down - Example II

But, in the case of Maruti , We are not taking a contradictory bet.

This our basic uptrend trade. Although the targets are drawn using price action. The first target is where the gap fill. The second target is the highest point of the range of the previous day’s sideways trend! We can also draw the targets based on our trailing stop loss method that we have discussed earlier in Bounce.
In this method, The trailing stop loss didn’t hit. So, We have to close near 15:00 to avoid automatic square off from the broker and its subsequent charges!
Get trades instantly and discuss them with me at my Slack Channel @

Our community is full with traders who actually trade!



sir how you find this pattern in live market. Do you have any scanner for it ?
Amit_Ghosh kumarmanishvai
@kumarmanishvai, You will find it today also. Markets fell but crude fell too. Crude falling is good for Auto stocks. Keep eye today.
kumarmanishvai Amit_Ghosh
@Amit_Ghosh, thanks for reply
I want to ask you that you have any scaneer for it and how to create it
Amit_Ghosh kumarmanishvai
@kumarmanishvai, You can not make scanner actually because of the chaos of the pattern. Follow a heatmap like...
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out