JJ_Breakouts

ARVIND Bullish; above 177 on Friday 29th September

Long
JJ_Breakouts Zaktualizowano   
NSE:ARVIND   ARVIND LTD
ARVIND Bullish; above 177 on Friday 29th September

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.
Komentarz:
rejection @ 177; hence not triggered yet
Komentarz:
looks like it will trigger
Komentarz:
Triggered @ 177
Komentarz:
178.25 now'
Komentarz:
further momentum above 179
Komentarz:
stoploss @ 176.5
Komentarz:
stopped out @176.5
Komentarz:
looking good again, Fresh entry only if it sustains above 177.6
Komentarz:
Momentum broken below @175
Zlecenie zamknięto ręcznie
Komentarz:
trade is working out well today, Up by 6%
Wyłączenie odpowiedzialności

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