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Kapil-Mittal
Mar 21, 2022 5:20 PM

Buy Today, Sell Tomorrow: SOTL Long

SAVITA OIL TECHNOLNSE

Description

DON'T HAVE TIME TO MANAGE YOUR TRADES?

- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle

Levels mentioned on the chart are calculated using Breakout Indicator

Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall

Trendline Breakout in SOTL
Buy Today, Sell Tomorrow: SOTL

Comment

Made high of 5%
Comments
InvestPro_India
Long term resistance breakout.
vipece2007
Posibility of opposite gap up gap down may be lead to huge loss,am I right
Kapil-Mittal
@vipece2007, that's why we always diversify our BTST trades by taking 5-6 trades at a time
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