PNB HOUSING FIN LTD.
看多
已更新

PNBHOUSING on Breakout; above 602.5 for Intraday on Friday

PNBHOUSING on Breakout and with good volume; above 602.5 on Friday 17th Feb for Intraday gains
-------------------------------------------------------------


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.



交易進行
Moving well..609 now
註釋
Crossed 611
註釋
SL AT 599
註釋
If it fails to cross 607, will be booking out of trade in next 10 minutes
交易結束:達到停損點
After the upmove to 612 from entry price of 602, stock retracing..hence booking out atv600

免責聲明