Strongest stock - DMART (Rejection day)

Güncellendi
Buy At 2588-2600 range for an excellent entry.

SL - Exit if stock close below 2580, since it will definetely test the low's of the rejection candle.

Reason for the trade: Rejection day

Rejection Days have a range that is significantly larger than the 10-day average and The ideal swing entry is the Rejection Day midpoint,which can be defended for 1-4 days after the rejection.

Exit when: A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection Day low

Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
İşlem aktif
Entry at 2585
İşlem elle kapatılmış
Booked profit at 2900
Beyond Technical AnalysisDMARTrejectionstrong

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