VOLTAS on Breakout; above 930 for Intraday (Live Trade)

Aktualisiert
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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INTRADAY Trading Strategy based on 3 stages of a breakout:

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 ist aktiv
933 now
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F&O stock, hence expectation is slow & steady rise through the day
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SL @919 for today
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SL likely to hit
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SL not hit (saved by 15 paise)
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Hope to be second time lucky with my SL@919
Trade geschlossen: Stop wurde erreicht
SL hit 1% loss.
Chart PatternsTrend Analysis

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