Bharat Forge yesterday gap up open.....as usual everybody might have gone long....
After gap up open...not even a single candle closed above the High....so.. long is not confirmed..
As per rule....it will validate the level of closing candle of day before yesterday and move again...
The same thing has happened.....it has fallen today and not broken the day before yesterday closing candle close and resumed back to high...
So...yesterday we have posted sell....moreover...our daily chart it was trading in the top...
Simple....this happens almost 80% of time....needs home work....
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