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raavigeorgian
May 9, 2021 7:59 PM

Midhani - 1yr Inverted Head and Shoulder Pattern  Long

MISHRA DHATU NIGAMNSE

Description

Metals are zooming already. This has shown some volume activity last week.
Watch out for follow up volumes and strong daily closings.

SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)


BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.

SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.

Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.


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