Entered the stock after a clean Cup n Handle breakout. First entry was at 560 with a 9%sl, second at 595. Average buy was 578 for two positions. My sl for both the positions was 535.
But the same stock reached 640plus which is more than 12% from my first buy, i moved my stops to break even @580. Traded this stock for an average returns of 33% on both the...
A clean uptrending stock, which broke out after nice consolidation. There were three entries all d entries have been marked. Even though stock has moved only 20% from my average buy price, it has a huge impact on my portfolio.
On the other hand ICIl my buy around 180's n stock moved close to 45% i couldnt scale up as it did not present any opportunities. It just...
First contraction was for 3.5 months, 2nd
contraction was only 11days. I always want to see
min of 20% to 25% of time contraction on the rightside.
The 2nd time contraction is not symmetrical wrt first contraction, i would be avoiding it
After watching many network companies coming up in my weekly scanner, took tejas network, first entry and the 2nd entry are marked, after my 2nd entry stock was locked in upper circuit. Position sizing and trade management is the key to super performance