syedaleemuddinnoor

[Intraday] Insidebar + weekend lvl 6 PIDLITIND

Long
NSE:PIDILITIND   PIDILITE INDUSTRIE
Has been failing for 6 days, without breaking the previous day's high, with doji inside bar yestrday

Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.

In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

PDH 1083
PDL 1066.15
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.