anil Trivedi,
I made a quick back test both in EOD, 30, 60 TFs, on many stocks & Nifty & for a Scalper, definitely, the results were encouraging & tempting to try in the coming days.
On Lupin, 29/3, though it was a High Vol, Down & R/B, the Low till today is Not breached.
But, High was taken out.
So, can we call it Negation of Negative reversal & any clue as to how to trade it
You seem to have lot of tricks up yr sleeve & that is why u r Full time trader.
My compliments.
What is great is you are prepared to Teach & Share & Not possessive.
We continue to learn from you.
Dear Rangarajanji,
Its not a reversal bar in lupin on 29/3...
Thanks for your compliments...its great to receive from a veteran trader...I am just here posting my chart observations...thinking it might help someone to just follow whatever suits him...but follow religiously...
With advent of algos in India, trading on intraday and scalping is going to be a tough...but we as a smart traders need to fight out...