What an opening candle! Opened gap up & gave up all the gains in the opening candle. It reversed from day Low & crossed day high within half hour.
Whenever stock, index crosses its morning high or low within first 30 min & remains there for next 30 minutes, it most becomes a trending day. Since it was a rising day, we simply followed Buy on Dips near Support Levels. It was a day for aggressive Trading!
17th Oct 2022 – It was a simple on Buy on Dips Day since morning high was crossed with volume!