Inside Bar Pullback TradePrice contracted and breakout expected.
Long above yesterday's high.
Short below yesterday's low.
Inside Bar
Inside Mother candle rangeNIIT TECH trading in a range from past 6-7 days.....A close above or below the range needs to be looked into. RANGE 1131 -1061
DABUR - BUY on Weekly Inside Bar breakout above Rs. 466Dabur had made a Weekly Inside Bars pattern last week, with decreasing volumes. At the same time, it is also making a symmetrical triangle pattern. A breakout on either side can be big! However, since it currently trending up, I will be happier taking a LONG trade on a breakout above Rs. 466, in continuation of the prior uptrend.
Nifty Inside Bar and Divergence ComboWe can clearly see the price struggling to breakout of the Weekly Levels. In the Daily, we can see a Negative Divergence with RSI (orange line) followed by Double Red Inside Bar. If today, the price breaks below the yesterday's range, we can expect quick down move.
[Intraday] AMARAJABAT Inside Bar Short TradeInside Bar
Short below 640.50, SL PDH
PDH = 651.15
If gap up or down, follow 5m ORB.
[Intraday] DHFL Inside Bar TradeInside Bar
Long above 154.20, SL PDL
Short below 149, SL PDH
If gap up or down, follow 5m ORB.
[Intraday] RELCAPITAL Inside Bar TradeInside Bar
Long above 207.70, SL PDL
Short below 200.55, SL PDH
If gap up or down, follow 5m ORB.
[Intraday] IBULHSGFIN Inside Bar TradeInside Bar
Long above 721, SL PDL
Short below 705.50, SL PDH
If gap up or down, follow 5m ORB.