Maybe someone else can confirm... Are bars 4,5 and 8 CD bars? I think the criteria is that the close of a CD bar must be higher than the high of 2 bars prior.
IOC SELL CD 13 completed on 27th jan
ACC sell cd 13 completed on 19 jan , but its going higher
TCS sell cd 13 completed on 25 jan
ambujacem sell cd 13 completed on 18 jan 17 , but its going higher and now new sell setup
axisbank BUY CD 13 completed on 20 dec 16 ?
M&M BUY CD 13 completed on 31 jan