Pocket pivotgreenDay = close >= close
redDay = close< close
highVolume = highest(volume, 10)
Redvolume= iff(redDay,volume,0)
Greenvolume= iff(greenDay,volume,0)
TopGreenV= highest(Greenvolume, 10)
TopRedV=highest(Redvolume, 10)
pocketPivot = volume > TopRedV
pocketPivotDay =pocketPivot and greenDay
plotshape(pocketPivotDay? 1:na,style=shape.triangleup, location=location.belowbar, color=aqua, size=size.small)
HINDCOPPER trade ideas
Possible Elliot Wave Count - Hindustan CopperHindustan Copper has completed waves 1-3 and currently in wave 4 so accumulate anywhere between 97-89 with stop loss 73 for targets 116-140. There is a possibility that the move from 40 odd levels could be wave 1 of a new impulse or it could be wave C in an ir-regular correction. Either way minimum Hind copper has to make one more high above 110 to complete the 5 wave structure so good stock to buy on dips for minimum target of 116 which could extend much higher as well.