Learning to catch High Probability Breakouts

[amitrandive]

Amit bhai

most of the entries are in last week of march and 1st week of april, any specific reason for that moreover, on what basis you have choose these particular stocks, pls elaborate

anil negi

AnilJi

I started this thread in the last week of March,so the entries are in the same period.

Only F&O stocks chosen on the basis of Volumes and price action around 20 EMA.
:thumb:

For every stock entry , I have posted charts.

 

[amitrandive]

Oh.. ho.. amit bhaiya.. Actually Pt bro was waiting for the break down of 200 dma.. he bought at :annoyed:80.80.:annoyed:His fancy number..

A slight correction, it should have been 100EMA.

Preferably I will always exit a stock or short if it goes below 100EMA.

Instead of keeping capital locked for an unknown periods when the stock may or may not bounce back ,it is better to exit with minimal losses.

PS:Manoj has given good charts and targets for IOB.

 

[revendar]

Potential trade setup being formed in JPASSOCIAT.
Charts below.

Can bought around 47-46.. Buying 50 strike call of september is a good trade for targets of 55-60 in cash market. Please share your views.

@AMIT ji: Please start posting good trades for september which can be entered. We will discuss our views. we dont see much traction in the thread

 

[manojborle]

Potential trade setup being formed in JPASSOCIAT.
Charts below.

Can bought around 47-46.. Buying 50 strike call of september is a good trade for targets of 55-60 in cash market. Please share your views.

@AMIT ji: Please start posting good trades for september which can be entered. We will discuss our views. we dont see much traction in the thread

 

[revendar]

I feel why I was not at traderji for past 2 years. I started trading in may 2012.
Hefty losses in day trading(I used to trade at office without knowing anuthing, by just watching top 10 gainers/losers). Then learnt tech analysis and data analysis. And since I work full time.. i cant do day trading nowadays. I learnt not to take unnecessary trades. I day trade only when opportunities are there.. So I do positional/swing trading in options by finding high probability setups.

I came across this thread and manoj's trading dairy.. Looks awesome :thumb:.. I'm sure your people are full time traders.. Just wanted to know how you split across day trading/investment/positionals..

I know this depends on a trader's personality.. I moved from day trading to options , then to futures and back to options finally. As my capital is limited I find options to give good returns.. Your suggestions are welcome
Also please post positional trades here.. so that novice like me can learn..

 

[revendar]

Short on KOTAK above 1045 in september series. Targets sub 1000.
1000 PE around 10-11 will be good bet for targets of 20-30.

The previous fib levels are respected and also the trend lines.
VIews please.

 

[manojborle]

My view on Nifty:

 

[manojborle]

Short on KOTAK above 1045 in september series. Targets sub 1000.
1000 PE around 10-11 will be good bet for targets of 20-30.

The previous fib levels are respected and also the trend lines.
VIews please.

 

[amitrandive]

I feel why I was not at traderji for past 2 years. I started trading in may 2012.
Hefty losses in day trading(I used to trade at office without knowing anuthing, by just watching top 10 gainers/losers). Then learnt tech analysis and data analysis. And since I work full time.. i cant do day trading nowadays. I learnt not to take unnecessary trades. I day trade only when opportunities are there.. So I do positional/swing trading in options by finding high probability setups.

I came across this thread and manoj's trading dairy.. Looks awesome :thumb:.. I'm sure your people are full time traders.. Just wanted to know how you split across day trading/investment/positionals..

I know this depends on a trader's personality.. I moved from day trading to options , then to futures and back to options finally. As my capital is limited I find options to give good returns.. Your suggestions are welcome
Also please post positional trades here.. so that novice like me can learn..

revendar

Not sure how you find time for trading while doing a job .???
Trading Nifty intraday while having a job is dangerous for financial health.
Better is swing trading or short term investment.

Currently SBI looks good for investing.Please check your charts and make decisions while investing/trading.
The split of intraday and positional is entirely dependant on one's risk appetite and money management.

 

[revendar]

NIFTY view:
Good contracts traded across all segment. confirming a fresh trend.
I expect a downfall hereon. Max upside 8k