Archiving for future -
1 - Trade triggered short and hit LC. We exited!
2 - When LC or UC triggers, You follow the weekend strategy. It triggered buy
3 - Triggered Sell. We made a minor loss.
4 - Up and profit
5 - Up and UC.
6 - Weekend theory. Triggered Short.
Tell me what happened today?
Now, Another question, what you will do tomorrow :slight_smile:
GMR Infra was in a perfect downtrend which got broken on the last day. So if the high of that candle is broken again on Monday then we can buy with a stop loss as per Bounce Theory.
The reason for not immediately buying is - It can be a fake out. In other technical terms, this pattern is also known as double bottom.
Like King Edwards VIII, I found my true love in Justdial. The stock adores price actions and also, is high beta. Anyways, Let’s analyze Justdial. The bounce chart has been plotted and we can clearly see the lower highs and lower lows in this perfect downtrend.
But, here are some points in interesting order -
The candle A,...