11788 Long term consolidation breakout
Updated
Reason for long
a) Long term consolidation breakout with volume
b) POC breakout
c) HSP breakout
d) Results okay
e) FMCG Sectorial Support
f) SL compulsory
Any big gap up or gap down of more than 3% invalidates the entry
Duration: 3 months
Expecting next qtly results is better or inline with market expectation. hence holding period is 3 months. Due to geopolitical tension - 5 to 7% profit is also a good. Position sizing not more than 0.5% of total capital, if SL hits.
a) Long term consolidation breakout with volume
b) POC breakout
c) HSP breakout
d) Results okay
e) FMCG Sectorial Support
f) SL compulsory
Any big gap up or gap down of more than 3% invalidates the entry
Duration: 3 months
Expecting next qtly results is better or inline with market expectation. hence holding period is 3 months. Due to geopolitical tension - 5 to 7% profit is also a good. Position sizing not more than 0.5% of total capital, if SL hits.
Trade closed: target reached
intraday target 5% done
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