JJ_Breakouts

63MOONS on Breakout; above 201.3 for Intraday on Tuesday

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NSE:63MOONS   63 MOONS TECHNOLOG
63MOONS on Breakout; above 201.3 on Tuesday 28 Feb for Intraday gains
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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.
Komen:
Premarket suggests opening with a high gap up of around 4%, will be cautious and will not chase
Dagangan aktif:
Entry at 202
Komen:
Tight SL @ 200.7
Dagangan ditutup: hentian tercapai:
SL hit
Komen:
closed @205
Penafian

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