Potential upmove - SHREEPUSHK

Aug 30

Checkout an amazing breakout happened in the stock in Weekly timeframe.

IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!

NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!

#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics

PS: No new Nifty500 script can escape from me when making a breakout. :-)

PS: This script is shared 1-2 days delayed. Sorry for the delayed charts.

PS: People who missed my first BO level, can re-consider this BO level when a proper candle close is seen in Daily TF

Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.

Time makes money, GREEDY & EGO will not make money.

Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.

The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.

Catching the early birds in the stock market and not everyone (especially retail traders) can do it. The art is investing fixed amount equally in every stock and let the law of numbers work on compounding in the longer run,

Example: 5000/- invested equally in all Bo stocks where out of 15 stocks only 1-2 stocks goes beyond -50% SL, where rest of the stocks flys like an eagle. The secret recipe is "Patience with correct study" and "Large diversification" and "TIME"