Learning to catch High Probability Breakouts

[amitrandive]

Amit'Ji,r u applying this in ur trading ?

Yes ,Raviji

I apply this everytime.All the earlier posts many of them have taken use of this crossover at important support/resistances.

 

[candle]

Jubiliant LifeSciences.

Yes ,Raviji

I apply this everytime.All the earlier posts many of them have taken use of this crossover at important support/resistances.

Amit bhai,

but as u can see in the chart, by the time 20/200 cross, the move was already done, and the price reached to the resistance levels. Should we enter at these levels now? or should we enter some what earlier in anticipation of cross?

 

[amitrandive]

Amit bhai,

but as u can see in the chart, by the time 20/200 cross, the move was already done, and the price reached to the resistance levels. Should we enter at these levels now? or should we enter some what earlier in anticipation of cross?

Candle

Price crossing 200EMA only is also very significant event.

Aggressive entry was at break of trendline.Another low risk entry was red candle after breakout of resistance where the EMA cross is valid.

I would not like to enter on a parabolic move.Always would wait for a retrace to 20EMA and stock to stabilize and consolidate.

For all indicator lovers, most standard indicators had already given buy call much before the EMA cross.My point is simple if everything points in the direction of a strong buy,go for the aggressive breakout or if you miss the bus , wait for the pullback.

Don't chase the breakout.

 

[indianbank]

15. KSL ..... took position

Kalyani steel the only bull performing in my portfolio.....
Entered on July 26th ...@ 236 rs
now @ 404 :thumb:

 

[vikas2131]

Kalyani steel the only bull performing in my portfolio.....
Entered on July 26th ...@ 236 rs
now @ 404 :thumb:

Whole market is stuck in a trading range from last 2 months...bull perform karege kaise ???

 

[amitrandive]

Follow Smart Money Trade

Aptech Ltd Daily

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Ace investor and trader Rakesh Jhunjhunwala has picked up 7 lakh shares in IT training firm Aptech, amounting to 1.38 percent of the company's equity, adding to the 45.28 percent stake he, his family and firm hold in it.


Disclaimer:This is not a trading call.This is for educational purpose only.

 

[amitrandive]

 

[amitrandive]

 

[amitrandive]

No,news is not irrelevant.It is very important for short term movement of the market.How market reacts to a news is more important than the news.

In India 90% of large size trading is done on insider news.The event posted by me is not a unpredictable event like earthquake of floods .Smart money always gets the insider information about such management/fixing and they are ahead of us retail traders .We can compete with them if we see how markets react to the news.That gives a trader huge advantage in trading.

Smart_trade

ST Sir's wisdom on News Trading !!!
:clapping:

 

[indianbank]

Hi friends...52 week breakout portfolio performance
........
Day 55.... Stocks 17... I have invested 30% of my capital.. Remaining 70% of capital is still in waiting
Portfolio is highly stable now ...some stocks are performing well.
Today orient paper is flying... Let's see how this combination work's...