1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Largest weekly price spread c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop
After a consolidation since November 2019 Raymond has given a breakout today with high volumes. Raymond has given a quarterly sales growth of 48%, a quarterly profit growth of 366%, TTM sales growth of 66% and TTM profit growth of 122%. Buy with a stop below Rs.750.