vorayash05

How to trade breakouts ( Pt.2)

Education
NSE:LTI   LARSEN & TOUBRO INFOTECH
I am a semi-systematic trader and my pattern scanners will more often than not look for the same patterns. After my MHRIL trade, this one is slightly different although the underlying principles remain the same. So every trade posted here will have nuances that must look out for in a breakout trade and I will try my best to explain them.
Trade active: Target is hit but forced to wait due to short delivery issues.
Trade closed manually: Closed at 1.6R profit because the markets are in a precarious position and I would like to hold cash.