dravya

Feb 3, 2017 4:17 PM

Positional Breakout Trade - Marico Long

NSE:MARICO180

MARICO LTDNSE

Description

⋅ Feb 3, 2017 4:17 PM

Everything on chart.
Thanks.

Comment

⋅ Feb 5, 2017 7:15 AM

R:R is 1:4 . Pointed out by Ambrish. Thanks.

Comment

⋅ Feb 7, 2017 6:39 AM

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

⋅ Feb 7, 2017 7:53 AM

Trade active

⋅ Feb 7, 2017 10:22 AM

Today,, breakout achieved crossing 265. CMP - 270.5

Trade active

⋅ Feb 8, 2017 12:56 PM

CMP - 272
Holding up good.

Trade closed manually

⋅ Feb 9, 2017 1:11 PM

I hope you guys booked profits with trailing SL.

closedforprofit

Comments

Rushabh95

⋅ Feb 7, 2017 8:01 AM

shall i enter now?

dravya

⋅ Feb 7, 2017 10:23 AM

@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

VijaySharma

⋅ Feb 8, 2017 4:00 PM

@dravya, Do you think Marico still looking good to enter.??0

dravya

⋅ Feb 9, 2017 1:09 PM

@VijaySharma, No. We only enter at key levels before the move happens.

CPR_Trader

⋅ Feb 7, 2017 7:01 AM

Sir, I saw your many charts do you use price action strategy.?
Just curious :D

dravya

⋅ Feb 7, 2017 7:55 AM

@narendkadam, yeah I use price action which has many strategies in itself. I have a few of my own. I use no indicators.

CPR_Trader

⋅ Feb 7, 2017 7:57 AM

@dravya, Thank's, I am also switching for price action.Just beginner phase in price action will learn from your charts :)

dravya

⋅ Feb 7, 2017 10:23 AM

@narendkadam, You're welcome. All the best.

Subra1953

⋅ Feb 7, 2017 6:41 AM

Even I missed the break out.

dravya

⋅ Feb 7, 2017 6:57 AM

@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.