APOLLOTYRE Bullish; above 446 on Monday 4 Dec.

Actualizado
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...

SWING Trading Strategy:

Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)

INTRADAY Trading Strategy:

1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also

2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage

3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.

Both Safe Traders/High Risk Traders book profits at this stage

Stop Loss: @ "Open" price of the day OR "Breakoutprice"

This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Nota
High made @ 451 Rs.... (6 Rs).. looking good for more in coming days
Nota
good follow-up buying, High of 461
Chart PatternsTrend Analysis

Exención de responsabilidad