Educational - Opening range breakout trade in Apollohosp
Opening range breakout trade can be entered into when:
1. Volume expansion is clearly visible
2. Rsi is rising
3. ATR rising
4. Price decisively closed above R1.
Exit points can be pivot points , or nearby resistances, or can be held onto day end
1. Volume expansion is clearly visible
2. Rsi is rising
3. ATR rising
4. Price decisively closed above R1.
Exit points can be pivot points , or nearby resistances, or can be held onto day end
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SRTRANSFIN. and COLPAL on 24-9-2020 too had similar setup.