PETRONET on Breakout; above 232 on Thursday 9 Mar for Intraday

מעודכן
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.
עסקה פעילה
234.4 after opening at 231
הערה
facing rejection; SL 231
הערה
strength now only above 234
הערה
will book ou Cost if it goes below 232
הערה
double top at 234.2, will be watchful around that
הערה
not enough volumes, supporting a break of 234.2
הערה
234.8 now
הערה
some profit is better than a loss
העסקה בוטלה באופן ידני
2.40 Rs profit on trigger price of 232
הערה
looks like it was waiting for my exit, now 235
הערה
though it seems a wise decision as volumes are lacking
הערה
though not a published trade, NCC looks intersting at current price
Chart PatternsTrend Analysis

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