This candle works in such a way that by only looking at it before 9:15 am, it can be predicted whether the market will open gap up or gap down and when it opens, whether the market will be on the upside or the downside. If the morning candle is above 50% green then the market may open on the upside and if it is above 50% in red, then it is a signal for the market to open on the downside. Similarly, if the candle at 3:15 pm is above 50% in green then it is a signal for BTST Call and if it is above 50% in red, then it is a signal for BTST Put. These candles update manually on the basis of OI, Change OI, Volume, VWAP, RSI etc.
NOTE: It can be risky to trade just by looking at it. If you want to take the help of this chart in your trading journey, then back test it first.
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