Simplest Trading Method Long

POLYPLEX CORPNSE

Description

⋅ May 2, 2021 10:14 AM

Stock formed a range marked by yellow box.

There is a breakout with volumes after consolidation

Stock should be near all time high.

No indicator, Pattern, Fibonacci numbers, crossovers etc. Required.

Find stocks at or near all time high, Mark the range, enter on breakout. Simple!

Larger time frame view.

Comment

⋅ May 3, 2021 7:20 AM

Good move up 9%
As short term trade book part quantity. 😃

Comment

⋅ May 4, 2021 5:56 AM

Can book full.
Around 10 12% returns in 2 days🙏🏾

Comments

edgarpoe

⋅ May 4, 2021 5:46 AM

You never miss brother, another great catch!

varadtambolkar

⋅ May 4, 2021 5:56 AM

@edgarpoe, thanks 😊👍🏾

dhineshr244

⋅ May 3, 2021 8:38 AM

Shall we exit at 1049?

varadtambolkar

⋅ May 3, 2021 9:46 AM

@dhineshr244, can take partial exit hold balance with CTC SL

My view was short term. Stock rewarded handsomely 10 12% in a day

rahul25

⋅ May 3, 2021 4:03 AM

is it long term investment?

varadtambolkar

⋅ May 3, 2021 5:35 AM

@rahul25, No its for short term trading!

trade_opportunities

⋅ May 2, 2021 1:44 PM

SEBI has inquired about the volume spurt in this. Booked profit in this at around 850 now again it is ready to move if volumes are genuine.

varadtambolkar

⋅ May 2, 2021 4:15 PM

@Abhi0304, I Just try to avoid these distraction, because After few weeks or months no one remembers that specific day volumes is due to any particular reason. But we need to keep this in mind while investing in such companies 👍🏾