Around the World, Indice Derivatives are the highest traded contracts.
Understanding the Indice's formation is more important to trade them.
90% of the Global Indices are Capitalized weighted and to understand their formation, we need to go deep in to the mathematics to reconstruct the Indice based on allocated weightage of the stocks.
The Primary advantage of...
RBLBANK made an outside bar but we can clearly see stock is rejecting 660 levels so we will avoid long side if PDH breaks . if PDL breaks then we sell with stop loss at PDH.
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...
RBLBank is at overbought zone and near resistance level (& double top resistance), stock felt down more than 200 points last time when the RSI near 80, will the history repeat once again or break the old record?