Options on Watch for 14th Dec 2020 (HUL, Titan, SBIN, Bharti .. )

Bullish Breakout and Retracement - For Learnings and Analysis

Remember that the calculation is done based on the last four columns in the Point and Figure charts.

Strength Score Calculation:

• Strength Score = (Total Number of Boxes in two columns of X) – (Total Number of Boxes in the two columns of O)

Range Score Calculation:

• Count the total number of boxes printed in the last four columns.

Trend Ratio Calculation:

• Trend Ratio is calculated by dividing the strength score by range score.