Range break, 1:3 Risk reward, Expecting 10% move in few days
TRITURBINE: Again coming up with swing trade idea. tight consolidation in range of 3% within last 5-6 days. Price is hovering around 10 and 20 EMA. Rejection on 27th Jun shows weak hands going away. Breaking above the pivot line could lead to significant push when crossing with good volume.
SL is somewhere around 3% (Refer the long position drawn over the chart).
One can invest 10% portfolio size as per following calculations
Position sizing and managing risk is the key.
Portfolio is: 1,00,000
Position size: 10,000
Risk 3%: 300. Which means only 0.3% of overall portfolio value is under risk.
Stay connected for commentary for coming days
Disclaimer:
The information provided herein is for educational and informational purposes only and should not be construed as investment advice. The stock analysis and recommendations are based on publicly available information, data sources believed to be reliable, and our interpretation at the time of writing.
Investing in equities involves risks, including the risk of loss of capital. Past performance is not indicative of future results. Readers and investors are advised to conduct their own research or consult a qualified financial advisor before making any investment decisions.
The author(s), affiliates, or associated entities may hold positions in the stocks mentioned, and such positions are subject to change without notice.
We do not guarantee the accuracy, completeness, or timeliness of any information presented, and we disclaim any liability for financial losses or damages resulting from the use of this content.
SL is somewhere around 3% (Refer the long position drawn over the chart).
One can invest 10% portfolio size as per following calculations
Position sizing and managing risk is the key.
Portfolio is: 1,00,000
Position size: 10,000
Risk 3%: 300. Which means only 0.3% of overall portfolio value is under risk.
Stay connected for commentary for coming days
Disclaimer:
The information provided herein is for educational and informational purposes only and should not be construed as investment advice. The stock analysis and recommendations are based on publicly available information, data sources believed to be reliable, and our interpretation at the time of writing.
Investing in equities involves risks, including the risk of loss of capital. Past performance is not indicative of future results. Readers and investors are advised to conduct their own research or consult a qualified financial advisor before making any investment decisions.
The author(s), affiliates, or associated entities may hold positions in the stocks mentioned, and such positions are subject to change without notice.
We do not guarantee the accuracy, completeness, or timeliness of any information presented, and we disclaim any liability for financial losses or damages resulting from the use of this content.
Dagangan aktif
6.5% achieved. Can do well, safe side 50% positions can be booked and trail remaining quantity with cost to cost trailing SL. Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.