LTIMINDTREE LTD
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LTIM on Breakout; above 4750 for Intraday on Thursday

LTIM on Breakout and with good volume; above 4750 on Thursday 16th Feb for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:

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.
Dagangan aktif
opened above trigger price 4760
Nota
since an F&C stock, rise is expected to be slow and steady
Nota
for the same reason, conservative target could be 1 to 1.5%
Nota
upmove gaining strength
Nota
1% from the open price reached
Dagangan ditutup: sasaran tercapai
conservative traget reached.
Nota
uptrend will continue only if it crosses 4010 now
Nota
2% from the trgger price
Nota
4870 now
Dagangan ditutup: sasaran tercapai
High of 4975 from trigger price of 4750
Nearly 5% upmove in an F&O stock!!!

Penafian