Trading beyond 52 week High
Entry 745. SL (703 - 1x ATR = 703 -27) 676.
For 1: 1.5 Risk to reward ratio => Target 1 850.
For 1 lakh total Portfolio amount: Number of stocks to buy 30 (so as to not exceed 2% loss in a single trade)
Long Green Candle at Breakout. Good Volume support. Last Candle stick High Low price range > 1x ATR value. And, Open vs close price range also > 1X ATR on GREEN SIDE.
20 MA is just crossing 50 MA. Which is a great entry point
Entry 745. SL (703 - 1x ATR = 703 -27) 676.
For 1: 1.5 Risk to reward ratio => Target 1 850.
For 1 lakh total Portfolio amount: Number of stocks to buy 30 (so as to not exceed 2% loss in a single trade)
Long Green Candle at Breakout. Good Volume support. Last Candle stick High Low price range > 1x ATR value. And, Open vs close price range also > 1X ATR on GREEN SIDE.
20 MA is just crossing 50 MA. Which is a great entry point
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.