Learning to catch High Probability Breakouts

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amitrandive

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This pathetic stock is having RJ as investor from 9 Rs level, he has 40 lacs shares iirc ........ I have it at 12.30 rs and still holding.

Sanjeev Goenka is the new owner for 2 years now :)
Good for you, enjoy your profits.

Wonder what happened to those people who have bought around the high price , saw a bottom of Rs 7,and are still waiting at half their buying price.

You can start discussing breakout such as these either in this thread or another thread , so all other traders can benefit.:D
 
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Good for you, enjoy your profits.

Wonder what happened to those people who have bought around the high price , saw a bottom of Rs 7,and are still waiting at half their buying price.

You can start discussing breakout such as these either in this thread or another thread , so all other traders can benefit.:D
RJ did tell about this on breakout day lol

Cnbc awaz told same day or day after, it was 10 - 20 percent up that day.

And about people who are waiting?...... They should have had stop loss.

And we all know stocks go up and down all the time.

Arvind iirc has done many many trips from 10 to 100 and again and again and again........ When I was not in market years ago......... Let's see its chart
 

amitrandive

Well-Known Member
Amit see your eyes its 450 to 280 level..

For my eyes its 20 to 450 level... (I salute mangalam for its great performance)
Trader should be fear free... and he should know what he is doing..
Sirji

It is not my eyes that I want to believe.

My head refuses to believe it.Continuously only buyers in the uptrend hitting upper circuits.
Now on the down side,only sellers continuously hitting lower circuits.

Another Castex ,Metalforgin in the making.

Lets see if people who entered at lower levels have the the chance to book profits before it hits rock bottom.

I had seen so much speculation on the stock,buyers and analysts predicting levels of 1200+ .

Its not only fear which rules the market , greed makes it much worse.
Consistently profitable market trading/investing is never wishing,hoping and praying.It is about using our eyes as well as our heads and being skeptical of sudden rise and falls by using our knowledge and prejudice.Cutting our loosers short and riding our winners.:D
 

amitrandive

Well-Known Member
RJ did tell about this on breakout day lol

Cnbc awaz told same day or day after, it was 10 - 20 percent up that day.

And about people who are waiting?...... They should have had stop loss.

And we all know stocks go up and down all the time.

Arvind iirc has done many many trips from 10 to 100 and again and again and again........ When I was not in market years ago......... Let's see its chart
Yes , you are right. RJ did tell us that.
Wish I would learn how to catch stocks like these at the right time and exit at the right time.:D
 
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