International sugar prices at strong resistance - refer to 2nd chart. But, it should break out in the next few months. Until then sugar stocks in India to see a pause. Keep your stop at 160 for investments and book some profit here #Dhampursug#trendlines#investing#Weeklycharts
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- If everyone is talking about it on social media and it has already broken out
- If a stock has moved up already for the last few days
- If a stock is up more than 10% already from breakout zone
- If your SL is deep
2⃣ Enter only on breakout & nowhere else if you're trading breakouts...
Buy only…
- above breakout zones (no entry in no-man land)
- above a key resistance zone after a stock consolidates
- 1-2% above resistance zone
- Identify entry points(set alerts on TV/set GTT in zerodha)