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...
L&T has not participated in this bull run. Stock has broken the trend line. Is it a trap for the bears?
Tomorrows close holds the key. If we see a Pin bar/Piercing candle after tomorrows close it can be a
good R:R bet on the long side
Please refer to details on chart.
Avoid taking naked long positions, trade using strategies is safe in volatile and expensive markets.
Non cash traders should plan to exit around 1370.
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