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Open vertical counts target price selection

Scheduled Pinned Locked Moved Ask Prashant
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  • J Offline
    J Offline
    Akash
    wrote on last edited by
    #1

    Hi Prashant Bhai

    I have a query regarding the open counts. when there are multiple open counts for target. Which one should we prefer to take target? The last anchor column(16box) count or the old one(31box)
    2f2923e4-1167-49bc-91b2-a7f92bc5fc5c-image.png

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  • Prashant Shah Offline
    prashant.shah26@gmail.comP Offline
    Prashant Shah
    wrote on last edited by
    #2

    In above chart, all bullish counts are valid and open. Bearish count is not yet activated.
    When multiple bullish counts are open - treat is as a roadmap. The first count is the first level you should look at. If there is a count cluster, when multiple counts are indicating some level, it is a good reference level. When stock is in strong momentum, more bullish counts will get opened while achieving the older ones.

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