ZENTEC on Breakout; above 253 for Intraday on Tuesday

تم تحديثه
ZENTEC on Breakout and with good volume; above 253 on Tuesday 21ST 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.
تم فتح الصفقة
triggered, opened around 254
ملاحظة
259 now
أغلقت الصفقة: تم الوصول لوقف الخسارة
trailing SL hit @256
ملاحظة
Fresh entry only above 258
ملاحظة
touched 260 again
ملاحظة
3rd attempt at 260 since morning
ملاحظة
5th attempt, looks like crossing this time
ملاحظة
261 now
أغلقت الصفقة: تم الوصول للهدف
261.65 reached
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