trendtrader06

trendtrader06 Updated 

Price breaks trendline and retests previous resistance and gives a breakout High Volumes in recent up move shows decent accumulation RSI greater than 60 RS almost about to cross to positive Can be bought with 2245.60 SL

trendtrader06

Weekly strong trend took support from 9 ema Daily charts have a narrow range breakout with today's lows retesting range lows 8800 which can be used as stoploss momentum turning positive RSI > 60 RS is strong Volume contraction is visible on falling days can easily hit 9400

trendtrader06

Weekly charts are very strong on Daily charts multiple rejections at 2400 level followed by Bearish Engulf has cause weakness Expected pattern tgt is 2257 though being short is risky as larger trend is bullish Buy above 2352.64 for raiding bullish trend lower term supports are 2222.915 and 2148.990

trendtrader06

On weekly charts nifty looks to be stuck into a flag pattern A decisive break on either side is needed for some good move On daily timeframe 22794.7 which is high of bearish engulf right at breakout zone will provide strong resistance on downside first support will come from Bullish Engulf's low which is 22305.25

trendtrader06

Big fall after listing, Anchored VWAP plotted from listing is comfortably taken out with high volume Accumulation On right side of chart VCP breakout with volume contraction during fall Listing day high will be first tgt and from there it can be trailed

trendtrader06

Trendline breakout on daily chart Price taking support on 9 week EMA Weekly RS Strong Daily RS like Breaking out Range and Volume contraction on right side with a shakeout Long with SL 1307 1st Tgt should be 1R and next can be 1424 approx

trendtrader06 Updated 

We can see volatility getting contracted as corrections are getting smaller and smaller There was a high volume rejection from super trend but that candle is been negated now Super trend turning positive Relative Strength is positive RSI breaking trendline and crossing 60 can be traded with 274.4 SL

trendtrader06

Page short at 34784 Price attempted to breakout but fell back under SuperTrend Weak RS on daily and weekly charts Price failed to break 200 ema on weekly chart RSI trendline break Can be traded for 1R

trendtrader06

Prices took support from weekly 21 ema Weekly RS is also strong On daily chart strong volume breakout of ST and then relatively low volume pullback and then another strong volume breakout Daily RS is week thus it should be traded at lower qty

trendtrader06

Biocon long term cash trade Long term trend breakout RS turning positive Strong weekly volume breakout RSI crossing 60 Breaking 52w high One can Trade with SL of 244

trendtrader06

Index is still consolidating in raising wedge pattern But RSI is giving divergence which hints towards limited bullishness If raising wedge is broken broken on upside with RSI trendline breakout it would bring strong rally

trendtrader06 Updated 

Raising RS on Weekly and Daily 50DC break along with RS line Breakout can bring Amazing Momentum SL 143 1st Tgt 159.7

trendtrader06 Updated 

Breaking 7 days range with above average volumes CMF and RS also giving trendline Breakouts Minor shakeout when stock broke 116.9 ST also turning to Buy

trendtrader06 Updated 

From a very narrow range price gave a breakout on the upside on above avg volume Did not sustain above resistance from previous swing low Price fell after fake breakout and now below both short term and long term moving avg also below previous narrow range can target 1R towards 2150 as market breadth is still not negative

trendtrader06

Price attempted to break previous swing low of 152 but faced rejection each time Relative strength becoming positive Momentum indicators showing strength Prices may test 50DC levels and move beyond

trendtrader06 Updated 

Weekly VCP support from 50 ema Daily breakout with strong RS High volumes in last 2 days Can be traded for 1067 tgt with SL closing below 975 Half qty can be trailed using ST 10.2 as positional trade

trendtrader06 Updated 

Prices went about moving averages but fell from major S/R zone which was also very near to POC of Volume Profile for current downtrend Prices are below value area and rejection from moving averages on 18th as well suggests further fall for the stock one can trade with 1R as initial tgt and eventually aiming 343 levels

trendtrader06 Updated 

Strong RS Stock breaking out of consolidation near ST Buy 4003 SL 3843 with 1RR as 1st Tgt