ReviveTraders

Feb 10, 2021 4:29 AM

Naukri | Cup & handle Pattern Breakout & retested 🎯 Long

INFO EDGENSE

Description

⋅ Feb 10, 2021 4:29 AM

⭕ Swing Trading opportunity ! 1hrs Chart Alert !!!⭕

--Buy above =5000 or CMP
--Target = 5376
--Stop-loss = 4839
--R:R =3.53
--Expected Profit = 8%
--Expected Holding = 10 days only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Stock Has formed Cup & handle Pattern
2) the breakout was good & the retested the level
3) Volume is good
4) Target is based on resistance & Target as per pattern height is also mentioned

👇👇RECENT ACHIEVEMENT .......MUST CHECK 💯

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Comment

⋅ Feb 10, 2021 6:01 AM

Comment

⋅ Feb 11, 2021 4:45 AM

About to achieve the Target .....try to book

Comment

⋅ Feb 11, 2021 7:03 AM

now @ 5340 ...start booking

Trade closed: target reached

⋅ Feb 11, 2021 9:05 AM

bought @ 4958
booked @ 5376
pints earned =418
lot size = 250
PROFIT booked per lot = 1,00,000 ( 8.44 % )

Comment

⋅ Feb 11, 2021 9:06 AM

some traders might have booked in 5340 ...so that is also good

Comments

ankitwarade023

⋅ Feb 10, 2021 5:45 AM

💯/💯 Very Good RR

ReviveTraders

⋅ Feb 10, 2021 5:59 AM

@ankitwarade023, yup ...but there is a trendline resistance as ...keep that in mind

rajeshe687

⋅ Feb 10, 2021 6:46 AM

@tradethetip, Sir, trend line resistance also broken. Am I right?

ReviveTraders

⋅ Feb 10, 2021 6:48 AM

@rajeshe687, yeah but nifty looks weak & that's why stock is not moving much now

rachit2406

⋅ Feb 10, 2021 8:19 AM

@tradethetip bought a monthly call at today's high. Nifty is bearish today. Can I still hold the call or exit with loss?

ReviveTraders

⋅ Feb 10, 2021 8:28 AM

@rachit2406, exit ...why to take chance ....you can re-enter after the resistance breakout

ankitwarade023

⋅ Feb 10, 2021 4:15 PM

@tradethetip Right
but today made bullish engulfing candle in daily TF if high broken Target definitely hit

ReviveTraders

⋅ Feb 11, 2021 2:25 AM

@ankitwarade023, yeah as nifty moved up at the last moment ...lets see if we'll get our target or not

MarimuthuSuppaya

⋅ Feb 13, 2021 2:01 AM

I am still holding it for the last few weeks with a profit of 93.4% it is a medium to long term bet

ReviveTraders

⋅ Feb 13, 2021 8:23 AM

@MarimuthuSuppaya, wow!! huge profit...you must be dancing now💯