STAGE 2 BREAKOUT TRADING
STAGE 2 BREAKOUT TRADING - QUICK REFERENCE SHEET ✅ PRE-TRADE CHECKLIST (ALL MUST BE TRUE) 📊 MARKET ENVIRONMENT (MANDATORY) [ ] Nifty 50 above 50-day MA [ ] Nifty 50 above 200-day MA [ ] Nifty making higher highs & higher lows [ ] Midcap/Smallcap index in uptrend (if trading those) [ ] Positive or neutral FII flows 📈 SECTOR STRENGTH [ ] Sector index in uptrend (preferred) [ ] Sector outperforming Nifty [ ] Multiple stocks in sector showing strength 🎯 STOCK SETUP [ ] Stock breaking above base (4-12 weeks minimum) [ ] Clear pivot point identified [ ] Volume 40-50%+ above average on breakout [ ] Stock above 200-day MA (or breaking above) [ ] 50-day MA rising or crossed above 200-day MA [ ] Stock outperforming Nifty (RS improving) [ ] Stock among leaders in its sector 🚦 TRAFFIC LIGHT SYSTEM Signal Nifty Position Action Position Size Stop Loss 🟢 GREEN Above 50 ...