Reason for long
a) open = low is good buying set up. If it occuring at support level enhance its signifance
b) Near the low of the day, it has buying pressure as evident by volume.
Precisely, the clues are
a) open = low
b) support area
c) Green volume
d) Index support
SL compulsory
for intraday as well as for 2 day trade
a) open = low is good buying set up. If it occuring at support level enhance its signifance
b) Near the low of the day, it has buying pressure as evident by volume.
Precisely, the clues are
a) open = low
b) support area
c) Green volume
d) Index support
SL compulsory
for intraday as well as for 2 day trade
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