SUNFLAG Bullish; above 151 on Monday 20 Mar for Intraday
Exercise caution as broader market is bearish.
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first 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 may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
---------------------------------------------------------------------------------------------------------------------
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first 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 may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
Operación activa:
entry @152
Comentarios:
154.5 Rs now
Comentarios:
2.5 Rs gain in 4 minutes
Comentarios:
155 Rs now
Comentarios:
2% gain ...ie 3 Rs gain in 7 minutes
Operación cerrada: objetivo alcanzado:
2% gain ...ie 3 Rs gain in 7 minutes on entry price of 152 Rs
Comentarios:
Momentum still intact as long as 153.5 holds
Comentarios:
double top @ 155, Caution...
Comentarios:
strength on the upside only if 155 is taken out
Comentarios:
155.5 Rs now
Comentarios:
156.5 now
Comentarios:
missed out on another 2 Rs gain
Comentarios:
momentum weekening.. However 4.5 Rs gain on entry price of 152 in a negative broader market!!!
Comentarios:
Classic breakout pattern.. pullback... consolidation ... now @157 Rss
Comentarios:
Bull run continues with strength intact @ 158.3 Rs
Comentarios:
Fear of missing out!!! 159 Rs...
Comentarios:
7 Rs gain on entry price of 152 Rs...
Over 4.5% intraday
Over 4.5% intraday
Comentarios:
Crazy momentum still .. @ 160.5 Rs