Long if it breaks the high of the previous day with a stop loss at the previous day's low.
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...
always trade at your risk. with stop loss
one should understand the risk of stock market. go slow and safe.
if you agree or disagree with my views i don't mind. but you ave to tell me in comments below
This one is Moving up for its C wave leg , which will be 5 wave impulse on weekly , and this could lead to completion of Wave 1 as HTF , one can look for adding on dip and this is going to give you Minimum 100 % Gain on investment ,
its 1st leg of wave A was formed in 245 days or an Calendar year , this could take you the same duration but will surly double...
NSE:ICICIPRULI is approaching a very crucial long term trendline resistance. There is a prior gapdown, Monthly Pivot R1 and Fib 0.618 acting as confluence of resistances. Highest Call OI is at 340 strike price. For more updates join our telegram channel t.me