The trade, once it triggers
Risk first — cut losers, let winners run.
Entry
Buy as price clears the pivot on volume. Use a stop below the base or last contraction low.
Position sizing
Risk a fixed % of capital per trade (e.g. 1%). Size shares so a stop-out loses no more than that amount.
Exit rules
- Stop — honour it; most breakouts fail
- Trail — let winners run with a moving average or higher low
- Time — if nothing happens for weeks inside a failed breakout, exit
Use the Backtest page to stress-test these rules on historical NSE data.