RBLBANK Outside Bar Trade

RBLBANK made an outside bar but we can clearly see stock is rejecting 660 levels so we will avoid long side if PDH breaks . if PDL breaks then we sell with stop loss at PDH .

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.


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