dravya
Long

Positional Breakout Trade - Marico

NSE:MARICO   MARICO LTD
297 views
11
297 21
Everything on chart.
Thanks.
Comment: R:R is 1:4 . Pointed out by Ambrish. Thanks.
Comment: I have changed my strategy and should have entered before the breakout. No longer interested in trading just breakouts.

Has anyone entered already ?
Trade active
Trade active: Today,, breakout achieved crossing 265. CMP - 270.5
Trade active: CMP - 272
Holding up good.
Trade closed manually: I hope you guys booked profits with trailing SL.
shall i enter now?
Reply
dravya Rushabh95
@Rushabh95, sorry, but im not always online. you could have entered when it crossed 264.7 line and reached 265, as I mentioned on chart. thanks
Reply
@dravya, Do you think Marico still looking good to enter.??0
Reply
dravya VijaySharma
@VijaySharma, No. We only enter at key levels before the move happens.
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Sir, I saw your many charts do you use price action strategy.?
Just curious :D
Reply
dravya narendkadam
@narendkadam, yeah I use price action which has many strategies in itself. I have a few of my own. I use no indicators.
Reply
@dravya, Thank's, I am also switching for price action.Just beginner phase in price action will learn from your charts :)
Reply
dravya narendkadam
@narendkadam, You're welcome. All the best.
Reply
Even I missed the break out.
Reply
dravya Subra1953
@Subra1953, you haven't missed it. It is yet to give a breakout. What I meant from the update is that I should've entered when I posted this and not wait for the breakout.
Reply
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