@Aniket Pachore After move of 5X from the entry level, we can trail our SL to every bear-trap getting formed on the charts.
Yes, trailing SL has nothing to do with 20 Column EMA. We trail SL to bear-trap assuming it is a Mini-bottom.
@Aniket Pachore After move of 5X from the entry level, we can trail our SL to every bear-trap getting formed on the charts.
Yes, trailing SL has nothing to do with 20 Column EMA. We trail SL to bear-trap assuming it is a Mini-bottom.
@RAGUNATH_AG From the all time high
@Ilyas Shaikh Thanks. Yes, the bear-trap/variation is the entry trigger
Observation
Qualifies for 10X move
Entry Trigger: Bear-trap/Variation above 20 EMA
@Prasiddh Shroff Awesome
@Pankil Lukkad Correct. That's one of the rule of strategy
Observation
Breach of 45 degrees TL
Turtle Breakout - Bullish marked @ point 2
The ideal entry was Bear-trap which was missed as the stock came on my radar now.
Qualifies for 10X move
Entry Trigger: Bear-trap/Variation above 20 EMA
@Devang Patel Entry was triggered at bear-trap, however, the SL of the initial entry is triggered. We are waiting for the next bear-trap for entry now.
Observation:
Breach of 45-degree Trendline with RSI above 75. The stock has been in a confirmed downtrend for ~24 months.
Currently, the price is trading near the 20-Column EMA which is our area of value.
Qualifies for 10X move
Entry Trigger: Bear-trap/Variation above 20 EMA
Absolutely possible.
INDIAMART
Breach of 45-degree Trendline with RSI above 75. The stock has been in a confirmed downtrend for ~24 months.
Qualifies for 10X move
Entry Trigger: Bear-trap/Variation above 20 EMA