Learning to catch High Probability Breakouts
- Thread starter amitrandive
- Start date
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I am thinking for short term.
though not confident... but surely sensing weakness in the charts below.
all these charts have something in common.. either rising wedge/expanding triangles/ lower tops on daily charts/ heavy volumes while falling and all are from same sector..
all are daily charts.
May be I am 100% wrong. but seems like some can be sold on rise to resistance and some can be sold after a little break down.
though not confident... but surely sensing weakness in the charts below.
all these charts have something in common.. either rising wedge/expanding triangles/ lower tops on daily charts/ heavy volumes while falling and all are from same sector..
all are daily charts.
May be I am 100% wrong. but seems like some can be sold on rise to resistance and some can be sold after a little break down.
sold auropharma fut @ 777 covered well 757...
and lost all above money + little more in drreddys fut. ..
tomorrow planning to sell drrreddys fut near 4330-4347 cash levels...and cipla too.... if felt confident
Finally... along with all............. all PHARMA also fallen except sun pharma.
I was not 100% wrong
I was not 100% wrong
Would you like to be right and loose money or be wrong and still make money?
Its not whether you are right or wrong that is important.
It's how much money you make when you are right versus how much money you loose when you are wrong.
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