I expected that some one will point out this .Its ok let me tell you one more clue.
The day before while the price was consolidating what did the stoch do. It stayed in OB >5 bars indicating strong bullish sentiment.
Thats what Raghav sir taught me. Let the price consolidate , let the stoch stay in OB>5 bars and then let the stoch comedown and then look for bullish action on lower TF and make entry and one make huge gains.Do you want to make it still simplistic.
OK. On Mon stoch stays in OB for >5 bars in 60 Min chart .Now we waited for stoch to comedown and take turn upside on 60 Min chart .That happens around 5-6PM.Now we make entry in lower TF.but where?I told we look for bullish PA on lower TF. for me lowest TF is 5 Min.
Entry with very very low risk and one makes 1000 points in just 3-4 hours.
Thats how money is made from the mkt.