varadtambolkar

Maindra CIE / Multi year breakout

Long
NSE:MAHINDCIE   None
14 Year old consolidation.
Breakout of such large consolidation can trigger a aggressive trendy move.
Longer the consolidation more powerful is the breakout.
Accumulate on dips with SL of 190.
Make suitable calculation of risk, loss you can afford & divide it by difference between the CMP & SL given.
You'll get quantity that you can buy. Then accumulate in tranches.
This simple technique can earn you huge profits without use of strategy, indicators, pattern etc.

Links attached of similar ideas posted earlier.

Of-course first study such breakouts, make your own observations, apply your own methods & then trade.
Blindly trading based on the idea can land you in trouble. My Goal of posting here is making people capable of identifying trades, capturing big moves before they start & make profit. If you are here for tips, you are in wrong place.

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