medium term weekly strong breakout
fact- Now CIPLA is 4 digits stock
multi time frame breakout daily as well as weekly breakout
strong breakout with engulfing bullish candle
Question is ...
how we can trade this breakout?
we can enter with 20% quantity at this level & keep on tracking
whenever price come for retest breakout level and creating bullish sign we can enter remain quantity.
If this breakout fail to sustain then we will take small loss.
multi time frame breakout daily as well as weekly breakout
strong breakout with engulfing bullish candle
Question is ...
how we can trade this breakout?
we can enter with 20% quantity at this level & keep on tracking
whenever price come for retest breakout level and creating bullish sign we can enter remain quantity.
If this breakout fail to sustain then we will take small loss.
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