This is called as opening range strategy taught for lakhs. Observe the high and low of the first 15 minutes candles. Buy the at the BO of that candle or sell at the breakdown with trailing SL using 5 period MA. Switch over to a 5min chart once bought.
Tata Elxsi
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Alert in Tata Elxsi - with stock forming H&S at top. I would exit with the break of the neckline. It needs to cross the dashed line for H&S failure. My SL at 4030. https://t.co/rO4f8hkPFF
Tata Elxsi - Daily I track this chart and waiting for a big kill in this. You have to act like a cheetah sometimes waiting for the weakest hit.
— Steve Nison (@nison_steve) August 10, 2021
There are times when you must sit patiently to catch your prey. pic.twitter.com/CRoBHIetHE