What is an Impulse?
An impulse is defined as a strong move whereby the market moves quite strongly or heavily in one direction, covering a great distance in a short period of time.
Typically, when there's a trend reversal occurring, we require an impulse in the opposite direction of the trend, indicating to us that there's a possible trend reversal. The...
For the 1st 4 hours it created volatility in a range of 100 points , which is a small range , so we took the trade when there is a breakout in triangle pattern as well as the 100 point Range...Bought 35600 CE at ₹67 and exited at ₹114
DEEPAK NITRATE HAVE GIVEN BREAKOUT BUT THE RUN UP WILL RETRACE TO SOME EXTENT BEFORE GOING UP.
SO ITS BETTER TO WAIT FOR TAKING POSITION.
Its only for educational purpose and please consult your advisor before taking position.
The picture of the 2019-nCOV is rapidly evolving. Globally there have been >14,000 cases and >305 deaths. The trajectory of spread of this virus has exceeded SARS (2003).
In under 20 days there are 14,544 cases. There were less than 20 cases in the same period for SARS.
SARS plateaued off at 8,500 cases after 100 days then fell off. What we're seeing in hard...