Learning to catch High Probability Breakouts

[sunny_cool]

ASIAN PAINT ~ DAILY

One of picks from your list

Interesting to watch...can short with high as SL (for intraday or 2~3 days) or wait for breakout

 

[amitrandive]

Amitji n senior members, I have one question...
if there is block deal (buy) in particular stock, should it indicates that today or tomorrow or in week it will go up??

Block deal impact may or may not reflect necessarily the next day.
Many times FII's,DII's go into accumulated buying at lower levels days on end.

The price remains range bound and there are no sudden volume spurts seen on the charts.A time comes when the price suddenly takes off and it is reflected on the charts.

This is the time when we retailers become aware of the stock and the people who have bought at lower levels start leaking out news to their brokers ,analysts,etc to gather people for selling their stocks and booking their profits.

 

[amitrandive]

How much do you invest per stock? Why don't u move out of castextech?

Where is the chance to exit in a continuous lower circuit????

 

[amitrandive]

recently i have increased my trading capital to 6 lakhs....
Castextech i am having 8000 rs...
i am planning a 60 stock portfolio.... lets see how it works:thumb:

One genuine question

How do you monitor 60 stocks on a daily basis?
Please reply in regards to stop loss,profit booking and position sizing.

 

[newuser_RK]

Where is the chance to exit in a continuous lower circuit????

There is some volume even in circuits, how about adding a pre market order at days lower circuit value . wouldn't this give a chance to exit?

 

[indianbank]

One genuine question

How do you monitor 60 stocks on a daily basis?
Please reply in regards to stop loss,profit booking and position sizing.

Capital is divided to 60 stocks.... its tough to manage 60 stocks...
After my office hour daily evening i spend 1 hour to analyse my trading...

 

[amitrandive]

There is some volume even in circuits, how about adding a pre market order at days lower circuit value . wouldn't this give a chance to exit?

FYI
Daily Chart of Castex

 

[amitrandive]

Capital is divided to 60 stocks.... its tough to manage 60 stocks...
After my office hour daily evening i spend 1 hour to analyse my trading...

I am asking in the live market .

Do you actually put in the stop losses or .....?

When do you decide to exit ?

 

[amitrandive]

Yes there is no shortcuts in trading ..hardwork,patience,time spending with charts,confidence in method,cleartity in chart reading,proper MM and most important one Proper execution skill will give a trader success....

:clapping::clapping::clapping:

 

[newuser_RK]

Yeah just checked the chart, vols are negligible... Impossible to exit. Important lessons one should exit in circuit stocks when the going us good...