Checklist to be checked before trading:

1. The stock should form a recognisable candlestick pattern.

2. Support & Resistance (S&R) should confirm the trade.
- Stoploss should be around S&R.
3. Volumes should confirm.
- Ensure volume equal to or above than previous 10 trading days
volume on both buy & sell day
4. Look at the trade from the Dow Theory Perspective
- Primary, Secondar Trades
- Double, Triple range formations
5. Indicators should confirm (RSI, MACD, VWAP, etc.)
6. Risk to Reward Ratio (RRR) should be satisfactory (above 1.5 is
advisable)