The previous day was a complete trending day with 11% up. Three things can happen.
It is going to either continue up
it shall consolidate
it shall reverse to go down.
1. BRK -DWN of the PDH, gave a sell signal, which immediately triggered SL.
2. BO- IRH gave a buy signal.But there was no pull back to enter ..... carried over by the influence of the previous trade, didnt attempt this long..
Overall it was a LOSS day with respect to Yesbank.