Breakout @Bajaj Healthcare Ltd.

3 days ago

STOCK: Bajaj healthcare ltd.
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SETUP: Multiyear Break out, Range Break out. Stock was facing resistance of 500 since 2022, now nicely given breakout with positive close
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VOLUME: Huge volume on Breakout candle
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PLAN: Entry: Above day high or wait for retest the 500 and find the entry with good R:R, STOP: low of the breakout candle i.e. 465 (stop is quite big manage your quantity accordingly
TARGET: 1:2 or 1:1.7 according to range i.e. 735
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NOTE: For Learning purposes only # Manage your Risk
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NOTE: Will not update on same setup, Take STOP or Take Target