Learning to catch High Probability Breakouts

[Rish]

Will Nifty Future validate 9070.75 before this settlement ?

If cyclical level repeats...yes definitely it may try to Hit 9070.75 !! ! !

The above level is based on cyclical pattern for knowledge purpose and not a trading call or not asking anyone to go long Nifty....

Purely for study purpose...

 

[sunny_cool]

Hi Sunnyraj,

For breakout I don't wait for end of the day, i use intraday 30 mins chart to catch the breakout early. EOD candle you can add more as it gives more confidence.

But sometimes your screentime & experience helps u. I buy 50% the day I post it as it was giving good R:R.

Samething I did with Torentpharm.Boughte 50% on the day of my post as R:R was good.

Good pick! Big Bullish candle formed with huge volumes...let's see what is does ahead..

Btw, if your are trading on Daily chart, do you wait for the day to end and use the dip to enter, or buy the breakout ?

 

[anilnegi]

Hi Sunnyraj,

For breakout I don't wait for end of the day, i use intraday 30 mins chart to catch the breakout early. EOD candle you can add more as it gives more confidence.

But sometimes your screentime & experience helps u. I buy 50% the day I post it as it was giving good R:R.

Samething I did with Torentpharm.Boughte 50% on the day of my post as R:R was good.

any new breakout with good R:R

 

[Sunnyraj]

Hi Sunnyraj,

For breakout I don't wait for end of the day, i use intraday 30 mins chart to catch the breakout early. EOD candle you can add more as it gives more confidence.

But sometimes your screentime & experience helps u. I buy 50% the day I post it as it was giving good R:R.

Samething I did with Torentpharm.Boughte 50% on the day of my post as R:R was good.

Torrentpharma was also a good pick :thumb:

So, you scan through various charts and look for potential breakout setups or you have any other filtering criteria ?

Will be helpful if you could share...

 

[sunny_cool]

any new breakout with good R:R

I have already bought SFCL but didn't post as it is bit risky & may be some people cann't get out if it goes wrong. So I try to post only the confident ones, risky one I take but don't post here.
You can also keep SOLARINDS,AXISBANK,AKSHOPTFBR,KITEX in watch list.

Torrentpharma was also a good pick :thumb:

So, you scan through various charts and look for potential breakout setups or you have any other filtering criteria ?

Will be helpful if you could share...

I use 21,100 EMA crossover as scanning criteria & I consider volume also.

 

[sunny_cool]

INFRATEL ~ DAILY

Can this be good buy in the circle area ? Will it prove out be breakout & retest ?

 

[Rish]

Wockpharma interesting formation.....

Breakout or Breakdown....let us see...

All levels are for information purpose and not a trading call...

Today Broken Down by almost 14%.....

Let us see...what happens next...

 

[amitrandive]

Have currently deleted a post asking for sharing of AFL again.This request has been made umpteen number of times through PM as well.

Doubt whether sharing the AFL will do any good to those who are merely seeking out systems everyday.

Let us respect if a person does not wish to share his AFL as that is a result of his hard work,discipline and pain and finally success through going all of these.

 

[Rish]

Have currently deleted a post asking for sharing of AFL again.This request has been made umpteen number of times through PM as well.

Doubt whether sharing the AFL will do any good to those who are merely seeking out systems everyday.

Let us respect if a person does not wish to share his AFL as that is a result of his hard work,discipline and pain and finally success through going all of these.

:thumb::thumb::thumb:

 

[Rish]

INFRATEL ~ DAILY

Can this be good buy in the circle area ? Will it prove out be breakout & retest ?

This is my observation...just for knowledge purpose...not a tips to anyone...