Reason for long
a) Sectorial support
b) Nifty possibility of support for long
c) Most stocks are in decline mode, Hence SL compulsory
d) any 15 min candle breakout above 300 may trigger for long
e) QQE support
f) Super vwap support
g) Top 10 gainer stock
H) Open=low candidate for long
I) SL compulsory
It a good idea to participate in already formed set up, rather than waiting and watching for the nifty or BNF for breakout every day. The theme of structural breakout with volume is more important irrespective of index and stocks. In option the movement is two directionally and confusing - hitting SL several times and stock specific movement is always have an edge, Qty manageable, non-emotional and directional.
a) Sectorial support
b) Nifty possibility of support for long
c) Most stocks are in decline mode, Hence SL compulsory
d) any 15 min candle breakout above 300 may trigger for long
e) QQE support
f) Super vwap support
g) Top 10 gainer stock
H) Open=low candidate for long
I) SL compulsory
It a good idea to participate in already formed set up, rather than waiting and watching for the nifty or BNF for breakout every day. The theme of structural breakout with volume is more important irrespective of index and stocks. In option the movement is two directionally and confusing - hitting SL several times and stock specific movement is always have an edge, Qty manageable, non-emotional and directional.
Trade closed: stop reached