how do you spot a breakdown. In breakout we see volume, break of patter/ resistance, rsi etc.. how do we spot a short?
also when should i pick up sail like a ballpark figure when this is over
Piyush-Gupta
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@nick69420, Process is same but reversed. We try to identify stocks which have broken or about to break support like SAIL. Volume confirm the trade.
Dont mix Price action with indicator based trading.
sibnathb
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Should one refer to the Option chain?
Piyush-Gupta
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@sibnathb, not required. Don't complicate trading process. If you keep it simple & practice, then anyone can earn only using simple Price Action which I follow.