[Intraday] GMR Infra Buy Trade

GMR Infra was in a perfect downtrend which got broken on the last day. So if the high of that candle is broken again on Monday then we can buy with a stop loss as per Bounce Theory.

The reason for not immediately buying is - It can be a fake out. In other technical terms, this pattern is also known as double bottom.

Komen:

Not triggered :)

Komen:

GMR Infra was not triggered at all. As we feared, it was fake out!