No but you may expect the stock moves down in a day...expecting not below 125 in a day...
The_RedTicker
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My understanding of diamond pattern is that, its rare, hardly ever misses and most importantly, ITS A REVERSAL PATTERN. If you spotted a Diamond, there's obviously no chance of going short. Recently, I took a trade in PVR on basis of same pattern on smaller timeframe (see that on your chart for reference, it was on 9 april,2020 I think)
The_RedTicker
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@The_RedTicker, ohh I am very sorry Ram sir, was going through ideas and didn't see it was your posted one. Obviously you know better than me. Didn't mean to disrespect.
sarath21
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Oh Man.. You are too good.. When i plotted a CPR with Pivots after watching your prediction, I saw the same.
We have support at 124 and if we fell beyond that, we will go till 118 / 105.
jijoycanto
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HELLO SIR... THANK YOU FOR SHARING YOUR IDEAS... CAN YOU PLEASE MENTION THE STOP LOSS LEVEL TOO? THANKS IN ADVANCE
i use 15 min and 5 min chart for intraday, so it will be applicable there or not?