Get started
CarTrade Tech Ltd.CarTrade Tech Ltd.CarTrade Tech Ltd.

CarTrade Tech Ltd.

No trades
OverviewFinancialsNewsCommunityTechnicalsForecastsSeasonalsETFs

In-depth trading ideas


Discover detailed market analysis from traders. See how others approach this instrument, compare different strategies, and discover perspectives that can shape your own view.
Trade ideasMinds
CARTRADE - Breakout Setup, Move is ON..NSE:CARTRADE ✅ #CARTRADE trading above Resistance of 2362 ✅ Next Resistance is at 4300 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CARTRADELong
by Sandeep_Aggarwal
BULLISH : Cartrade Tech Ltd..Stock: CARTRADE This stock has recently shown a strong breakout with rising volume, indicating bullish momentum. Weekly Chart Setup Chart is self Explanatory everything. Master score - A This setup looks suitable for short-term swing traders following price action and volume confirmation. Disclaimer : This idea is shared for for educational and informational purpose only. It should not be considered as investment or trading advise. Trading and investing in financial markets involve risk -- please do your own research or consult your financial advise before making any decisions. I'm not SEBI registered.
NSE:CARTRADE
by tanwartarun50
CARTRADE Price ActionTIme to pyramid CarTrade Tech Limited’s stock has delivered a strong performance as of late August 2025, trading close to ₹824 after rallying more than 40% in the past three months and reaching a new 52-week high. The surge is largely attributed to robust quarterly results, improved profit margins, and expanding digital business operations, which have helped regain investor confidence. CarTrade’s financials show healthy revenue growth, continuing profitability improvements, and solid cash reserves that allow for continued investment into technology and product innovation. The company operates with minimal debt, maintaining operational flexibility and a stable cost structure. Its price-to-earnings ratio, while now elevated, actively reflects anticipated future growth rather than merely past performance. Technically, CarTrade is trading above major moving averages, signaling ongoing bullish momentum, and there’s evidence of heightened institutional interest. While the trend is positive, the stock may see intermittent profit-taking and short-term volatility before stabilizing at higher levels. Overall, CarTrade presents a strong growth profile backed by sound financial fundamentals, with momentum favoring further gains if execution remains solid.
NSE:CARTRADELong
by KamalKJoshi
1
CARTRADE: Breaks Free with Rising Wedge Breakout Post Q1 FY 26NSE:CARTRADE Breaks Free: The Rising Wedge Breakout That's Driving This Auto-Tech Giant to New All-Time Heights with Strong Q1 FY 26 Price Action: Price Movement and Trend Structure: • Current Price: ₹2,066.90 (as of July 28, 2025) • Daily Change: +₹172.20 (+9.09%) - Strong bullish momentum • Price Range: High ₹2,140.90 | Low ₹2,100.90 | Volume 5.36M shares • Price Trajectory: Consistent higher highs and higher lows pattern from October 2024 • Recent Action: Sharp acceleration in price movement post-July breakout • Momentum Character: Strong bullish momentum with gap-up openings and sustained buying Volume Spread Analysis: Volume Characteristics: • Breakout Volume: Exceptional volume spike during the breakout phase (5.36M shares) • Volume Pattern: Generally increasing volume during upward moves, declining during consolidations • Average Volume: Approximately 1-2M shares on regular trading days • Volume Confirmation: The breakout is well-supported by above-average volume, validating the move Volume Indicators: • Volume Expansion: 3-4x normal volume during breakout sessions • Distribution vs Accumulation: Clear accumulation pattern throughout the wedge formation • Volume-Price Relationship: Positive correlation between volume and price advancement Chart Patterns: • Rising Wedge Breakout: The stock has successfully broken out of a long-term rising wedge pattern that was forming since October 2024 • Timeframe: Daily chart showing progression from October 2024 to July 2025 • Breakout Confirmation: Strong breakout above the upper trendline of the wedge with significant volume expansion • Breakout Level: Approximately ₹1,850-1,900 range • Pattern Completion: Clean breakout with follow-through buying confirming pattern validity Key Price Levels: • All-Time High: ₹2,140.90 (recent high) • Previous Resistance Zones: ₹1,800, ₹1,900, ₹2,000 • Immediate Support: ₹1,850-1,900 (previous breakout zone) • Major Support: ₹1,650-1,700 (middle of previous consolidation) • Long-term Support: ₹1,400-1,450 (bottom of the rising wedge) Trend Analysis: • Primary Trend: Strong bullish momentum with consistent higher highs and higher lows • Secondary Trend: Recently accelerated upward movement post-breakout • Trend Strength: Multiple touchpoints on both trendlines confirm the validity of the wedge pattern validity • Momentum: Increasing momentum as evidenced by the steepening price action Key Support and Resistance Levels: Key Resistance Levels: • Immediate Resistance: ₹2,150-2,200 (psychological and technical resistance) • Next Target: ₹2,300-2,350 (measured move from wedge breakout) • Long-term Target: ₹2,500+ (extension based on wedge height projection) Critical Support Levels: • First Support: ₹1,950-2,000 (recent consolidation zone) • Strong Support: ₹1,850-1,900 (breakout confirmation level) • Major Support: ₹1,650-1,700 (50% retracement of recent move) • Ultimate Support: ₹1,400-1,450 (wedge bottom - unlikely to be tested) Base Formation: • Base Pattern: Rising wedge base formed over 9 months (October 2024 to July 2025) • Base Depth: Approximately ₹1,000 to ₹1,900 range • Base Quality: High-quality base with multiple retests of support and resistance • Breakout Strength: Clean breakout with gap-up opening confirming institutional interest Technical Patterns and Indicators: Chart Patterns: • Completed Pattern: Rising Wedge Breakout (Bullish continuation pattern) • Pattern Reliability: High - well-defined trendlines with multiple touchpoints • Measured Move Target: ₹2,300-2,400 (based on wedge height projection) • Time Frame: 9-month pattern completion Technical Formations: • Flag and Pennant Potential: Post-breakout consolidation may form continuation patterns • Gap Analysis: Potential gap fills not immediately concerning given strong fundamentals • Trend Channel: Stock is establishing a new, steeper upward channel post-breakout Trade Setup and Strategy: Entry Levels: • Aggressive Entry: ₹2,050-2,070 (current market price on dips) • Conservative Entry: ₹1,950-1,980 (on pullback to breakout zone) • Momentum Entry: ₹2,100-2,120 (on continuation above resistance) • Scale-in Strategy: 40% at ₹2,000, 35% at ₹1,950, 25% at ₹1,900 Exit Levels and Targets: • Target 1: ₹2,200-2,250 (immediate resistance zone) - Book 30% profits • Target 2: ₹2,350-2,400 (measured move target) - Book 40% profits • Target 3: ₹2,500-2,600 (extension target) - Book remaining 30% • Trail Strategy: Trail stop-loss 8-10% below recent swing lows after Target 1 Stop-Loss Strategy: • Aggressive Stop: ₹1,900-1,920 (below recent support) • Conservative Stop: ₹1,850-1,870 (below breakout zone) • Disaster Stop: ₹1,750-1,780 (below major support) • Risk-Reward Ratio: Minimum 1:2, targeting 1:3 for optimal entries Position Sizing and Risk Management: Position Sizing Guidelines: • Conservative Allocation: 2-3% of portfolio (suitable for risk-averse investors) • Moderate Allocation: 4-5% of portfolio (balanced approach) • Aggressive Allocation: 6-8% of portfolio (for high-conviction trades) • Maximum Position: Not exceeding 10% of the total portfolio, regardless of conviction Risk Management Rules: • Single Trade Risk: Maximum 1-2% of portfolio value per trade • Stop-Loss Discipline: Strict adherence to predetermined stop-loss levels • Profit Booking Strategy: Systematic profit booking at predetermined targets • Position Monitoring: Daily review of technical levels and volume patterns Risk Mitigation Techniques • Diversification: Avoid overconcentration in a single stock or sector • Hedging Options: Consider protective puts for large positions • Correlation Analysis: Monitor correlation with broader auto and tech indices • News Sensitivity: Be prepared for volatility around earnings and sector news Sectoral and Fundamental Backdrop: Industry Landscape: • Auto Marketplace Growth: India's online auto marketplace is growing at a 27.5% CAGR (2025-2030) • Digital Transformation: Increasing shift from offline to online vehicle transactions • Market Leadership: CarTrade Tech is India's leading and only profitable auto marketplace • Competitive Advantage: Multi-platform presence with CarWale, BikeWale, CarTrade, and OLX India Business Model Strength: • Asset-Light Model: Operates 114 auto malls, mostly leased, ensuring capital efficiency • Revenue Diversification: Multiple revenue streams including listing fees, transaction commissions, and financial services • Platform Integration: Comprehensive ecosystem covering new cars, used cars, commercial vehicles, and two-wheelers • Strategic Acquisitions: OLX India acquisition for ₹535.54 crore, strengthening market position Recent Fundamental Performance: • Q1 FY26 Results: Revenue of ₹173 crore (22% YoY growth) • Profit Growth: Net profit doubled year-on-year in Q1 FY26 • Market Capitalization: ₹9,801 crore (up 139% in past year) • Valuation Metrics: Trading at 4.42 times book value • EBITDA Performance: EBITDA almost doubled in Q1 FY26 Growth Catalysts: • Market Expansion: Penetration into tier-2 and tier-3 cities • Technology Enhancement: AI and ML integration for better user experience • Financial Services: Growing fintech vertical with loan facilitation • Electric Vehicle Segment: Positioning for EV marketplace opportunities • B2B Growth: Expanding dealer and OEM partnerships Sector Tailwinds: • Digital Adoption: Accelerated post-pandemic shift to online platforms • Used Car Market: Growing preference for certified pre-owned vehicles • Credit Penetration: Increasing vehicle financing accessibility • Regulatory Support: Government push for digitization and transparency • Consumer Behaviour: Millennial and Gen-Z preference for online research and transactions Risk Factors and Considerations: Technical Risks: • Overbought Conditions: Stock may be due for consolidation after a sharp run-up • Gap Risk: Potential for gap-down on negative news or market corrections • Volume Sustainability: Need for continued high volume to sustain momentum • Market Correlation: High beta stock susceptible to broader market volatility Fundamental Risks: • Economic Slowdown: Auto sales sensitivity to economic cycles • Competition Intensification: New entrants and existing players' aggressive strategies • Regulatory Changes: Potential policy changes affecting online marketplaces • Technology Disruption: Emergence of new technologies or business models Market Risks: • Sector Rotation: Shift in investor preference away from auto-tech stocks • Liquidity Concerns: Mid-cap stock with potential liquidity constraints during market stress • Earnings Expectations: High growth expectations leading to volatility on any disappointment • Valuation Concerns: Premium valuations make stock sensitive to market sentiment changes My Take and Investment Thesis: NSE:CARTRADE presents a compelling technical setup with a successful rising wedge breakout supported by strong volume and robust fundamental performance. The stock has established itself as a leader in India's growing auto marketplace sector with a diversified business model and strong growth trajectory. The technical breakout, combined with excellent Q1 FY26 results showing doubled profits and 22% revenue growth, creates a favourable risk-reward scenario for investors. However, given the stock's significant run-up (146% in 11 months), careful position sizing and strict risk management are essential. The investment thesis is supported by both technical momentum and fundamental strength, making it suitable for investors seeking exposure to India's digital transformation in the automotive sector. The key to success will be disciplined execution of the outlined entry, exit, and risk management strategies while monitoring both technical levels and fundamental developments closely. Keep in the Watchlist and DOYR. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:CARTRADELong
by Karanshah137
16
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle 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 CARTRADE BUY TODAY SELL TOMORROW for 5%
NSE:CARTRADE
by Kapil-Mittal
2
Cartrade-A risky positional trade for ATH targets!Cartrade has given outstanding Q4 2024 results and bullishness in the stock is indicator of same. However, these stocks come with good amount of risk with bigger rewards. Stock has formed beautiful cup & handle pattern and is about to break it. Once 1000 is crossed, we can see ATH levels soon. I had seen similar breakout in PBFintech (Policybazaar). If you believe in new age startups, this stock is technically looking bullish.
NSE:CARTRADELong
by chartistamey
CARTRADE TECH LTD - The Second Race.As linked below, the previous analysis of this stock achieved all the targets in 4 months. It also with stood the sell off in the markets and reclaimed its trajectory at the first sign of market reversal. These are traits of strong stocks. Technically in Stage 2, this stock could see even higher targets but lets set targets step by step. Timely profit booking is also an art. Today it kissed the previous ATH of 2021. Above that a fresh new trend begins. Talking about fundamentals: - Company has a low Debt to Equity ratio - Healthy long term growth as Net Sales has grown by an annual rate of 25.90% and Operating profit at 46.24% - With a growth in Net Profit of 48.16%, the company declared Very Positive results in Dec 24 - Infact the company has declared positive results for the last 11 consecutive quarters - OPERATING PROFIT TO INTEREST(Q) Highest at 17.21 times - PAT(Q) Highest at Rs 42.69 cr. - Over the past year, while the stock has generated a return of 109.11%, its profits have risen by 39.4%. - High Institutional Holdings at 74.79%. These investors have better capability and resources to analyze fundamentals of companies than most retail investors. Their stake has increased by 1.15% over the previous quarter.
NSE:CARTRADELong
by CannySunny
Cartrade tech price action analysisBased on the available information, here's an analysis of CarTrade Tech Limited's (CARTRADE) price action and financial performance: ## Recent Performance CarTrade Tech Limited has shown strong financial performance in its latest quarterly report. For Q3 FY2024, the company reported: - Revenue increase of 45% year-over-year, reaching ₹400 crore (USD 48 million) - Operating income of ₹100 crore (USD 12 million), up 60% from the previous year - Net profit surge to ₹50 crore (USD 6 million), a 70% increase year-over-year The company's third-quarter 2025 earnings exceeded analyst expectations, with revenue beating estimates by 5.2% and earnings per share (EPS) surpassing forecasts by 41% . ## Market Position CarTrade Tech maintains a strong position in the Indian online automotive marketplace: - 25% market share in the online used car segment as of 2024 - Targeted 15% growth in marketplace transactions year-over-year - Plans to expand offerings of electric and hybrid vehicles by 30% by mid-2024 ## Future Outlook Analysts have provided the following price targets for CARTRADE: - Price target: ₹1,689.00 - Maximum estimate: ₹1,934.00 - Minimum estimate: ₹900.00 Revenue is forecast to grow at 15% per annum, indicating continued expansion . ## Investment Potential CarTrade Tech has been identified as one of the top stocks that could potentially offer 15-30% returns in 2025, according to Nomura . This suggests positive sentiment among analysts regarding the company's future performance. Given the company's strong financial results, market position, and positive analyst outlook, CARTRADE appears to be in a favorable position for potential price appreciation. However, investors should conduct their own due diligence and consider market risks before making investment decisions.
NSE:CARTRADELong
by KamalKJoshi
2
CARTRADE - SWING TRADE A symmetrical triangle pattern ### **Step 1: Entry** The chart shows a bullish breakout from a symmetrical triangle pattern. The entry signal was triggered when the price decisively closed above the upper trendline of this triangle. An entry can be considered around the current price of **₹1,899.70** or on a potential retest of the breakout zone (approximately ₹1,750 - ₹1,800). ### **Step 2: Stop Loss** To manage risk, a stop loss should be placed below a key support level. A logical placement would be below the lower trendline of the triangle pattern to protect against a failed breakout. A suitable stop loss could be set near **₹1,600**. ### **Step 3: Take Profit** The chart has two pre-defined targets based on the breakout's momentum: * **Target 1 (TP1):** ₹2,081.55 * **Target 2 (TP2):** ₹2,856.35 You could consider booking partial profits at TP1 and trailing the stop loss for the remaining position towards TP2.
NSE:CARTRADELong
by Arthavidhi
CARTRADE TECH LTD – Weekly Chart SummaryCARTRADE TECH LTD – Weekly Chart Summary 🔷 Pattern: Contracting Triangle / Symmetrical Triangle * A descending trendline from highs near 1900 is acting as resistance * Price is consolidating tightly within this triangle, showing strength just below resistance 🟦 Horizontal Zone (1618 - 1736) * Major supply zone from previous highs * Price has successfully reclaimed this zone and is holding above it, indicating demand 📊 Volume * Volume remains steady with no distribution signs * A breakout should ideally occur with a volume spike above 2 million shares 📉 MACD * MACD is in positive territory, indicating bullish bias * Signal lines are flattening, setting up for a potential bullish crossover if breakout occurs 📈 RSI * RSI is holding above 60, a bullish zone * No visible bearish divergence currently, healthy consolidation visible 📌 Bias: Bullish * A breakout above the trendline (around 1880 to 1900) could lead to a strong move * Upside potential toward 2200 to 2400 if breakout sustains Conclusion CARTRADE is trading in a bullish consolidation near key breakout levels. The structure suggests accumulation, and a breakout above the triangle could mark a continuation of the uptrend. Watch for high volume and a close above 1900.
NSE:CARTRADELong
by krunal_patadia95
CarTrade - Potential VCP Pattern. Above 1860 FireworksCarTrade- is forming a potential VCP Pattern. One can enter some above 1700/1860 for targets of 2000/2233. Note : This is a probability game, and the co. is run professionally without promoters. So always average up in the stock instead of doing lumpsum investment. Disclaimer : Educational content. Please do your own research. Lets Learn something about VCP Pattern 📊 Volatility Contraction Pattern (VCP) – Overview The VCP (Volatility Contraction Pattern) is a bullish technical setup popularized by Mark Minervini. It typically forms before a strong breakout and is used to identify growth stocks preparing for a big move. The key idea is that volatility and price range shrink (contract) over time, forming a series of tight pullbacks with higher lows. This shows that sellers are getting exhausted while strong hands accumulate quietly. 🔍 Key Features of VCP: Multiple Contractions: Price makes 2–4 contractions with narrowing ranges. Higher Lows: Support keeps rising, showing accumulation. Dry-up in Volume: Volume decreases during contractions, increases on breakout. Tight Final Contraction: Right before breakout, price gets very tight, sometimes just a few % wide. 🎯 Entry Point: Ideal Entry: Breakout above the final contraction's resistance zone on high volume. This is typically a pivot point, where supply dries up and demand takes over. 🛑 Stop Loss: Just below the last contraction’s low or recent support. Typically, 3%–5% below the breakout point, depending on stock volatility. 🚀 Potential Spike / Upside: Stocks breaking out of a proper VCP can show quick moves of 20%–50%+ in a few weeks. If part of a strong sector or market trend, the upside can be even higher. NOTE : If you liked my Analysis, do boost this post to make it reach to more Traders. My old analysis on CarTrade:
NSE:CARTRADELong
by jain_geetesh
Amazing breakout on WEEKLY Timeframe - CARTRADECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. 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 TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. 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. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:CARTRADELong
by Yoyohoneysingh93
What is the Potential for CARTRADE? CARTRADE is showing a promising Round Bottom Formation on the weekly chart, indicating a potential bullish reversal. Key Levels to Watch: First Resistance Zone: A crucial level where price action will be tested. Strong Resistance Zone: A breakout here could open the door to a significant upside. 💡 Trade Strategy: Monitor the resistance zones closely. A breakout with volume could signal a long opportunity but always manage risk with proper stop-loss placement.
NSE:CARTRADE
by Kapil-Mittal
2
CarTrade Tech- CnH FnP. Keep on Radar📊 CarTrade Tech - Technical Analysis 🚗 Reason for Picking This Stock: CarTrade Tech has been in an uptrend since March 2023, trading within a rising channel. The stock tends to take support near the 50 DMA and the channel bottom, showcasing strong demand in those areas. ✨ Key Highlights: 1️⃣ Breakout from 3.5-Year Resistance: The stock has broken above a significant 3.5-year-old resistance level of ₹1,622.85 and gave a weekly closing above it. 2️⃣ Chart Patterns: Cup and Handle (CnH) formation near the 3.5-year resistance. Flag and Pole (FnP) pattern adds conviction to the breakout. 3️⃣ No Overhead Resistance: The left side of the chart shows no major resistance, providing room for upside movement. 4️⃣ Relative Strength in Market Correction: The stock has held strong during the broader market correction. 🎯 Trading Levels & Risk-Reward (R:R): Entry: ₹1,835 Stop Loss (Closing Basis): ₹1,514 Positional Target: ₹2,543 SL %: 17.5% R:R: 1:2 📌 How to Trade: ✅ Wait for Confirmation: A clear breakout with volume and a wide-range candle will strengthen the setup. ✅ Small Position Size: As the market trend is bearish, trade with reduced risk. ✅ Pullback Entry: Look for a pullback to the 50 DMA region or channel bottom for better risk-reward entries. ✅ Add on Base Formation: If the stock consolidates above the breakout level and breaks out again, consider this as a further entry point. ⚠️ Risk Considerations: 🚨 The broader market is trading well below the 50 DMA and 200 DMA, with a death cross in play. Committing large capital at this point may not be advisable. 🚨 This is a pure technical call on a fundamentally weak company. Perform your own due diligence before trading. 💡 Key Points to Watch: 1️⃣ Clear breakout from the Flag and Pole (FnP) and Cup and Handle (CnH) patterns. 2️⃣ The channel top may act as a resistance, so monitor price action near those levels. 3️⃣ Broader market stabilization above the 200 DMA and 50 DMA is crucial for larger capital deployment. 🚦 Final Thoughts: CarTrade Tech is showing relative strength in a falling market—a key factor for stock selection during corrections. The intention is to highlight opportunities in stocks performing well despite broader market weakness. Trade cautiously and stick to strict risk management. 💪 and do not wait for target to be achieved in this market condition. Try to book partial and trail SL. 📉 Disclaimer: This analysis is for educational purposes only and not financial advice. Always consult your financial advisor before making any trading decisions.
NSE:CARTRADELong
by sagartharayil
CARTRADE bullish breakout above 1738..?? - 30 Jan. CARTRADE: Bullish if ~3 Year long consolidation range (@1738)is broken on good volumes and sustains. The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.(another 2-3%) Both Safe Traders/High Risk Traders book profits at this stage SWING Trading Strategy: Position is kept open, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose....
NSE:CARTRADELong
by JJ_Breakouts