Published: July 31, 2021
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Boss is always Boss @Mitesh_Engr Mitesh Sir's FUTURES BREAKOUT TRADES 101: • How to pick stocks at right time? • What to look for? • Importance of BO post consolidation • How to manage SL • How to get huge profits • Multiple Examples In collaboration with @niki_poojary

Image in tweet by Aditya Todmal

Importance of Trading only BO or BD stocks by @Mitesh_Engr Sir: 👇 •Two questions to always ask: ~Why stock is going up/down and when? ~ Who is behind big up/down and when? • Trade only stocks with Momentum • Instant results • Small SL or huge profits

Image in tweet by Aditya Todmal

@Mitesh_Engr Sir's take on how to Trade: 👇 • Observe fight between buyer & seller • Position will be created within first 3 hours • Operators will win • Just find BO or BD • Look for huge volume support • Give company to operators • ATP importance explained

Image in tweet by Aditya Todmal

How to take trade in Breakout/Breakdown stocks by @Mitesh_Engr Sir: 👇 • Check Support & Resistance • Wait for 2-3 months consolidation • Surge in volumes • Trade on 3 min charts • Small SL • Keep trailing • Always pyramid in profit

Image in tweet by Aditya Todmal

When and Why to Pyramid? By @Mitesh_Engr Sir • Adding to winning positions • Signals of continued strength • Potentially large profits • An Example of pyramiding in one of his trades

Image in tweet by Aditya Todmal
Image in tweet by Aditya Todmal

Deep pocket traders can create the momentum One needs only 10 crore to create 3% of total Future Trading volume within the first hour in morning.

Image in tweet by Aditya Todmal

Consolidation in uptrend followed by a BO - by @Mitesh_Engr Sir • This is one of Mitesh Sir's favourite pattern. • IGL example is a textbook example • Bharti example look for volumes in downmove • Less volumes during downmove • Gives conviction for further uptrend

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Tech Mahindra trade of @Mitesh_Engr Sir explained: • Tech M was consolidating near higher levels • Gapped up with huge volumes • Operators in total control

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BEL Breakout Trade by @Mitesh_Engr Sir • Resisted a level two times • Third attempt with volumes • Smart Money is interested • Give company to smart money to make money • Picked the trade at the right time • Rejected a big red candle with upmove

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Wipro Trade Explained by @Mitesh_Engr Sir: • Up with volumes • Not correcting much • Not going up for retailers to sell • Learn to put a SL the way shown

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Muthoot Finance Trade - Fresh ATH Trade by @Mitesh_Engr Sir explained: • Strong Volume in Daily • Detailed explanation on how he traded is explained by himself • Went long & SL hit • Bought again while reversing • Pyramiding done • Exited with huge profit

Image in tweet by Aditya Todmal
Image in tweet by Aditya Todmal

INFY ADR: Live Trade explained on twitter on @Mitesh_Engr Sir's handle Mitesh Sir was explaining how he would trade looking at INFY ADR. • Buy above high, Sell below low • Buy triggered • SL at cost when it went up further • Sl hit • Again re-entry

Image in tweet by Aditya Todmal
Image in tweet by Aditya Todmal
Image in tweet by Aditya Todmal
Image in tweet by Aditya Todmal

Hindalco Trade of @Mitesh_Engr Sir explained: • Sellers entered at 420 levels • Buyers managed to defeat sellers • Huge surge in volumes • Smart Money footprints evident Both Daily and Intraday charts are posted with detailed explanations 👇

Image in tweet by Aditya Todmal
Image in tweet by Aditya Todmal

What to do after trade is successful? An example of what he did in Hindalco. • Booked long & sold Otm puts • Risked profit further • If stock reverses sell calls • Ready to short futures too if reverses • Follow the market Made around 3.7 lakh profit on a 26 lakh account.

Image in tweet by Aditya Todmal

According to @Mitesh_Engr Sir what to focus on and what to avoid: • Focus on Stop losses and Trailing Stop losses • Profits will take care of themselves • Mistake is predicting targets • View prevents you to change position • He never ever knows target • Only SL and TSL

Image in tweet by Aditya Todmal

Warning: Futures Trading is highly risky Venture into it only after you've made decent percentage gain on your capital. Try to avoid before that. Money leaves your account faster than it comes when you don't know what you're doing in futures.

Image in tweet by Aditya Todmal

This was a Breakouts thread on how @Mitesh_Engr Sir trades them in FUTURES. @niki_poojary and @AdityaTodmal will be making more threads on how Mitesh Sir trades. Next thread is on his Breakdown Trades Keep an eye out for these threads. Happy learning to everyone! __________

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