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.
DLF has broken the long term trend line and given a Break out on hourly chart. After Breakout its has taken the support of trend line and confirming the Breakout. Till it sustain above the trend line, It can give a good up move.
MFI is also indicating continuation of up move.
Super trend indicator has also generated buy signal.
Disclaimer : This...
Approching Resistance Zone.
Cloud May Act As Resistance.
200 EMA Resistance.
Trend Line Resistance.
Sell On Rise As Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI registered Financial Advisor.