Inside Bar FormationThe Chart shows Volatility in the price movement going down for two consecutive weeks, in week A it is 12%, in week 2 it goes to
8%. Now for us to be sure we need to see a drop of at least 50% from one week to another and from week B to week C we get that too. The contraction goes from 8% to 4% and the stock after going straight for a week goes flying up 14% in a market that was free falling.
Inside Bars work best in low float stocks.
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[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.
[Intraday] TV18BRDCST Inside Bar + Doji Long TradeInside Bar + Doji
Buy above 33.55, SL PDL
PDL = 32.90
If gap up or down, follow 5m ORB.