JJ_Breakouts

NAVA on Breakout; above 255 for Intraday on Thursday

Long
JJ_Breakouts Mis à jour   
NSE:NAVA   NAVA LTD
NAVA on Breakout and with good volume; above 255 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.
Transaction en cours:
opened @258
Commentaire:
now @262
Commentaire:
263.5 now
Commentaire:
reached 264.5
Trade fermée: cible de profit atteinte:
booking out as it is facing rejection
Commentaire:
trailing stop loss at 261
Commentaire:
failing to cross 264, the immediate top made today, will retrace now
Commentaire:
trailing stop loss
Commentaire:
classic breakout structure now as given above
1) Impulse upmove stage:
2) Pullback-Consolidation stage:
3) Breakout continuation:
Commentaire:
1) Impulse upmove stage: 9:15 to 9:24 am
2) Pullback-Consolidation stage: 9:25 to 9:38 am
3) Breakout continuation: 9:40 am to till now
Commentaire:
looking strong.. will go further if it crosses 265 again
Commentaire:
266.5 now
Commentaire:
3% upmove in F&O stock!!!
Trade fermée: cible de profit atteinte:
High of 279 from trigger price of 255
Nearly 10 % upmove!!!
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