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raavigeorgian
May 10, 2021 9:36 PM

Tata Coffee - 8yr Breakout Long

TATA COFFEENSE

Description

Here's a mother or all breakouts. The entire sector is on fire.

SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)


BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.

SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.

Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
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