Trade Update: As #VolatilityAdjusted SAR (Stop & Reverse) system gave buy signal, #STBT trade closed. Initiated a 16650 bullish #ButterFly in 23 Sept expiry.
🟠 View negated. Signal turned out to be a loss making one.
🟢 Two back to back high vol burst buy candles in 75M charts.
🟢 #Nifty bounced with high volume and closed near day high.
🟢 #RSIStairs back above 55 in 75M & TrendMeter turned green.
🟢 On daily charts it made a #VSABreakOut candle in #Nifty
🟢 On daily charts #BankNifty made a #BullishPinBar candle.
🟢 If global cues stay supportive we may see a gapup tomorrow.