My simple Approach towards Breakout trading :
1. Scan stocks on the basis of FTDB Scanner.
2. Buy stocks with EMA-9> EMA-21> EMA-63 > EMA 200 & Volume 200% up
3. maximum SL of 1.25X ( ATR )
4. I do breakout trading only in Nifty -500 stocks
#StockMarket
#trading
#Nifty
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Still having the same view. Will update if there is any change. Falling trendline breakout doesn't work that way in a bear market the way it works in a bull market. Updating your methods according to the market is the key.
#nifty50 https://t.co/64ZktWHQev
#nifty50 https://t.co/64ZktWHQev
This is the maximum upside for now, post that I am looking for an 8-9% fall in index.#nifty50 pic.twitter.com/BcSOiwWuBs
— Aakash Gangwar (@akashgngwr823) June 24, 2022