Some of the difficult trades are to pre-empt potential big moves with a small stoploss.
The hit rate may not be as high as breakouts but risk-rewards are in the order of 1: 5 or more.
Had shared a similar post some time back – Some of them doing well now.
One of the trades that worked superbly well for me . Just got Lucky.
#ZEE - One stock that only keeps making false moves. Another false breakdown and big jump on cards. Opposite of what it's been doing at 250s. Risky Stock. Disclosure - Biased and have a trading position that can flip anytime. pic.twitter.com/16aFDCLtDu
— Nooresh Merani (@nooreshtech) September 6, 2021
Looking at some more similar uncomfortable trade setups. Please do your risk management and research and read the disclaimer . ( Also assume would have positions which am ready to get out on stops.)
Powergrid – The largest weight in CPSE ETF which is yet to breakout.
Mahindra & Mahindra – A total underperformer for quite some time now. Would you pre-empt or act on momentum is the call to be taken. Interestingly placed.
Bharat Forge – Good long term trend. Consolidating around supports.
GAIL - Super Risk Reward
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