Overall the stock has a positive trend, but pullbacks are very deep.
- Requires proper breakout with volume.
The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. 3) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence
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Thanks, I got SRTFin 1360 CE at 48.05.. Breakout failed.. noon sessions stock fell, I did not exit, holding 6.5K loss now. as per the chart looks like it will go to 38.2%
ReeAishw
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@parameswaran85 I think you should keepp a track of Fii/Dii data, today Retails had alot of open long Positions and maybe that's why market fell like that today. So do keep a track of that. Once that's gets a bit better stocks will regain the power.