Two equivalent tops were formed during 23rd October & 27th November ( gap more than a month) Entry made , when High volume is observed & the price crosses the bottom between the two Tops .
- : Talwalkars
- : bearish
- : 242.5
- : 268.2
- : 216.8
- : 3 Months
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Two equivalent tops were formed during 23rd October & 27th November ( gap more than a month) Entry made , when High volume is observed & the price crosses the bottom between the two Tops .
M | T | W | T | F | S | S |
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1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
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This is ok, but the trade may not be initiated,
It is because the price triggered stoploss levels before we could create short positions.
The volume is indicated at the wrong place.
Volume should be high at second top (B) or while crossing the previous bottom(C).
Noted sir,.,
i will rework this strategy with another company