LARSEN & TOURBO INFOTECH
Rectangle breakout. LTI after consolidating in a rectangle pattern gave a breakout on the upside with huge volume.
Note- False breakouts are possible (traders need to manage risk accordingly)
My personal tip is to risk only 2% of your trading capital. Buy 30% of your position at CMP & if price respect...
SBIN: Positional & Swing Pick!!!
Symmetrical Triangle breakout.
Risk management :
Enter 30% of your position at CMP, if the price respects the level of 425 then execute your 70% position.
Place your stop loss below the recent swing low, at 416
Go for risk-reward of 1:2
The key is capping the downside risk when you’re wrong, but leaving the upside...