Komal/Satya,
Thanks for the reply to my query. Assuming 2 bar is not used, I would have taken that as a PL. I have seen this used in the reverse scenario. After a steep fall, a similar setup was considered as PH in nifty (during oct/nov 2008 timeframe). I don't have the exact chart/post right now. Will post later if I find it.
Clearly, I have more to learn
I had posted few days back about new filters in stock futures (ABAN, RELCAP, LT, etc). Didn't get any reply then. Can you PM the current filter values?
Nitin