RITES on Breakout; above 344.5 on Friday 3 Mar for Intraday gain
RITES on Breakout; above 344.5 on Friday 3 Mar for Intraday gains
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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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.
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.
Trade aktif:
opened @346
Komentar:
went upto 348, it is a minor resistance
Komentar:
strenghth only above 348.5
Komentar:
349 now
Komentar:
351.5
Komentar:
352.2
Komentar:
6 Rs (2%) since entry price @346
Trading ditutup: target tercapai:
6 Rs (2%) since entry price @346
Komentar:
353 now... likely to move further up
Komentar:
354.3 now
Komentar:
355.4 now
Komentar:
356 now
Komentar:
Another 1% ; from 353 to 356
Komentar:
though risky, it has the strength to reach 360 today
Komentar:
High of nearly 357 reached
3% upmove from entry price so far
3% upmove from entry price so far