@sahilmittal It means that you might not get that much shares at the price of 0.55. If you somehow manage to get that many shares at that time, then you will make profit.
After the high of the breakout candle breaks with a good level of volumes. Sl should be at the place where it becomes certain that the support has been failed or according to your risk taking capacity.
marketmasterminds replied to Vivek Kumar Verma's post
Remember Support and Resistances are zones not a price. Try to mark your support and Resistances using rectangles. I think it'll increase your accuracy.
@rrikky Sure start with some courses on YouTube or FinSchool by 5paisa whatever is more convenient to you. If you prefer reading, find some blogs which write about stock market. Start with free courses. Take your time.
Yes you can exit if you see the market is going against you. If the market is against you and you see it while being in a trade, exit the trade with profit or loss whatever.
If you won't book baby losses, you'll have to book the mother of losses.
marketmasterminds replied to Nizamuddin Fakhi's post
Learn the concepts of analysis then practice with real live charts as much as possible. Try to practice in a virtual account. Then start with a small capital. Remember Trading is an art and you have to practice to master it.