Any idea of failing Reliance open=low

#1
Today Reliance open at1924 its low upto 9.45Am was also low of 1924,and high of1936, daily volatility is more than 2%
So around 3/4 percent it moved above day high if we buy it at 1938 but whole day it have not goto up side, but breaked day low,
In morning market was +ve so cannot gofor selll, any idea where I am wrong it's for 13-04-2021
Can any body suggest my mistake sothat I improve myself
 
#3
The Reasons of failed trade on RIL:

1) At least on attached chart of RIL Open = Low does not look same.

2) But even if, one thinks it is same, then the REAL logic why such O=L trades MOSTLY fail in certain situations is given in the attached RIL chart !


View strictly for STUDY PURPOSE !
Thanks a lot sir for reply
 

Similar threads