JJ_Breakouts

SDBL bullish; above 349 ? - Thursday 25-Apr.

Длинная
JJ_Breakouts Обновлено   
NSE:SDBL   SOM DIST & BREW LTD
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...

SWING Trading Strategy:

Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)

INTRADAY Trading Strategy:

1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also

2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage

3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.

Both Safe Traders/High Risk Traders book profits at this stage


This do not constitute, financial, investment, trading, or other types of advice or recommendation.



Комментарий:
SDBL in two candles @354 now
Комментарий:
Further momentum above 355 expected
Комментарий:
357.50 so far from 349... nearly 2.5% up so far
Комментарий:
if 358 is taken out, another 5 Rs on the table?
Комментарий:
358 broken on thin volumes... predictably came down after that
Комментарий:
held on to its trend and posted a high of 362 so far... Up 13 Rs... Over 3.7% in a volatile market
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.