stock was coming down after explosive green candle, so likely to come down from a type 1 daily supply .
It reacted first days for that origin of the supply zone. Next day while all nifty stocks were coming down, taken the double confiormatio0n entry at the gap down area 1141
CMP : 1138 and in profit...lets wait if the stock comes down more.
I will be squiring up the position, only if it comes till the opposite hourly demand (around 6% profit 30k)
It reacted first days for that origin of the supply zone. Next day while all nifty stocks were coming down, taken the double confiormatio0n entry at the gap down area 1141
CMP : 1138 and in profit...lets wait if the stock comes down more.
I will be squiring up the position, only if it comes till the opposite hourly demand (around 6% profit 30k)