JBM AUTO LTD
לונג

JBMA on Breakout; above 561 for Intraday on Monday

מעודכן
JBMA on Breakout and with good volume; above 561 on Monday 20th Feb for Intraday gains
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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.

עסקה פעילה
Opened at 559
הערה
570 now , up 2% from Tigger price
הערה
Trailing SL are 566 now
הערה
574 now
עסקה סגורה: היעד הושג
13 rs gain
הערה
Classic breakout behavior
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Pull back and continuation
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Now, strength only if it crosses 574
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Trying SL of 566 not broken yet
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Trailing SL hit now
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Fresh entry only above 574..only if strong Breakout above that
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577 now
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578 crossed
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New SL for fresh entry 570
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579 now
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Booking out
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18 Rs upmove from our trigger price 561
הערה
High of 583 so far
Chart PatternsTrend Analysis

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