GUJARAT STATE PETRO LTD
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GSPL on Breakout; above 281 for Intraday on Monday

GSPL on Breakout; above 281 on Monday 27 Feb for Intraday gains
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Please check out the INTRADAY Trading Strategy in the comments section below during the live market hours:


1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to 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 may 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 may book profits at this stage

Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"

The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
Catatan
Not crossed the trigger price
Trade aktif
Triggered
Catatan
282.5 now
Catatan
283 now
Catatan
284 now
Catatan
Keeping SL @ 281
Catatan
SL reached but not hit😇
Catatan
Will book out if it doesn't cross 283 as broad market is not supportive
Trading ditutup secara manual
Booked out @ 282.7
Catatan
good to see it reaching at 286.3, though out of trade already

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