This is a live swing trade I am taking in $NBCC. The stock is breaking out of a consolidation zone on massive volume, fueled by a confirmed news catalyst.
This post details the *full* mechanical framework I am using to manage this trade.
### 1. The Catalyst (The "Pop")
Today's move is not random. It is supported by fundamental news:
* **News:** NBCC has secured new orders worth approximately **$13.12 Million (₹111 Crore)**.
* **Impact:** This order inflow provides revenue visibility and has triggered immediate institutional buying, as seen in the volume spike (4x average).
### 2. Technical Indicators & Setup
* **50 EMA (Green Line):** The stock recently found support at the 50 EMA, confirming the medium-term trend is intact.
* **The Breakout:** After consolidating, the price is breaking above the `₹117.05` resistance level.
* **Structure:** I am using a wider, structural stop-loss to allow for volatility, placing it below the major support zone.
### 3. The Mechanical Trade Plan (The "Swing" Playbook)
This is a cash "Swing" trade with defined rules.
* **Bias:** Long
* **Entry:** `₹117.05`
* **Stop-Loss (1R):** **`₹108.30`** (Placed structurally below the entire consolidation base and major moving averages to prevent shakeouts).
* **Risk:** My risk is fixed at **`₹8.75`** per share (7.48%). My position size is adjusted downward to ensure my total monetary risk remains constant (1R).
### 4. Our Exit Strategy (The "2R / 21EMA Hybrid")
1. **Target 1 (Base Hit):** Sell **50% of the position at +2R.**
* **2R Target = ~₹134.55**
* This target aligns with the upper blue resistance line on the chart.
2. **The "Free Trade" Maneuver:** As soon as Target 1 is hit, the stop-loss on the remaining 50% is moved to **Breakeven (`₹117.05`).**
3. **Target 2 (The Runner):** I will trail the remaining "free" position using the **21 EMA (Orange Line)** to capture the trend continuation.
*Disclaimer: This is not financial advice. This is my personal trade journal and framework, shared for educational and analytical purposes only. Always do your own research.*
This post details the *full* mechanical framework I am using to manage this trade.
### 1. The Catalyst (The "Pop")
Today's move is not random. It is supported by fundamental news:
* **News:** NBCC has secured new orders worth approximately **$13.12 Million (₹111 Crore)**.
* **Impact:** This order inflow provides revenue visibility and has triggered immediate institutional buying, as seen in the volume spike (4x average).
### 2. Technical Indicators & Setup
* **50 EMA (Green Line):** The stock recently found support at the 50 EMA, confirming the medium-term trend is intact.
* **The Breakout:** After consolidating, the price is breaking above the `₹117.05` resistance level.
* **Structure:** I am using a wider, structural stop-loss to allow for volatility, placing it below the major support zone.
### 3. The Mechanical Trade Plan (The "Swing" Playbook)
This is a cash "Swing" trade with defined rules.
* **Bias:** Long
* **Entry:** `₹117.05`
* **Stop-Loss (1R):** **`₹108.30`** (Placed structurally below the entire consolidation base and major moving averages to prevent shakeouts).
* **Risk:** My risk is fixed at **`₹8.75`** per share (7.48%). My position size is adjusted downward to ensure my total monetary risk remains constant (1R).
### 4. Our Exit Strategy (The "2R / 21EMA Hybrid")
1. **Target 1 (Base Hit):** Sell **50% of the position at +2R.**
* **2R Target = ~₹134.55**
* This target aligns with the upper blue resistance line on the chart.
2. **The "Free Trade" Maneuver:** As soon as Target 1 is hit, the stop-loss on the remaining 50% is moved to **Breakeven (`₹117.05`).**
3. **Target 2 (The Runner):** I will trail the remaining "free" position using the **21 EMA (Orange Line)** to capture the trend continuation.
*Disclaimer: This is not financial advice. This is my personal trade journal and framework, shared for educational and analytical purposes only. Always do your own research.*
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.
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.