Stocks To Keep A Close Eye On

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abhi_neth

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SavantGarde

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If the current Bar creates a Bearish Engulf when it closes... one can exit their existing Long...perhaps for re-entry later on....

Karan...if you have no idea what a bearish engulf looks like...please google and see some references.... because I have posted an image of some important Candlestick patterns.... but don't know which thread it is buried in.......:)


SG
 
Todays Decision Point is the High Of the 1st Bar (5084 GCI) and move to breach this will go down at least by 20-30 points from this...
For visual reference just draw a horizontal line across from Top of the 1st Bar

Just as 5050 was DP on Monday....


SG
sorry for disturbance sirji

in SBI BSE messages i'm getting "News ID:176732, LEIPS TIME PERIOD 2-Starts at 11:30AM"

i really don't know what they are trying to say ?:(
 

SavantGarde

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Karan,

Low of the previous Bar that was made @ 5074... also you might ask why not short.... because Lower BB was already pierced..... and in such a situation....RR is not at all favourable for the shorts....:)

Yes... if the current bar closes in green...then we can apply... Going long on Lower BB piercing followed by a Green bar....


SG

Sir, you mean to say 5084 intact till 1.30
 
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