Long SAIL

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Long SAIL

Target- Open
SL- below 123
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Learning : Most of the breakout fails during distribution phase of index. So always sync trade with Index. Direction of Index and Direction of stock must be in same direction to trade correctly on stocks which are part of Index.

When Distribution phase is going on then rather than looking for big targets we should take small small targets and need to follow this process so whatever profits we have earned during bull market that will remain with us else profit may get wiped out as most of the trader take risk from profits.
Chart PatternsTechnical IndicatorssailTrend Analysis

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