SONATA SOFTWARE - Swing Trade - 14th January #stocks
SONATA SOFTWARE (1D TF) - Swing Trade Analysis given on 14th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #sonatasoftware
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #sonatasoftware
Trade active:
SONATA SOFTWARE Update - 20th Feb, 2024
✓ 14% in 22 Trading Sessions
- Price action buildup for another breakout
- Volume spikes
#stocks #swingtrade #chartanalysis #priceaction #traderyte #SONATA #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch
✓ 14% in 22 Trading Sessions
- Price action buildup for another breakout
- Volume spikes
#stocks #swingtrade #chartanalysis #priceaction #traderyte #SONATA #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch
Comment:
SONATA SOFTWARE Update (as on 4th April, 2024)
- After achieving 14% our TSL was hit
Re-Entry Possibility in the making:
- Right now, there is a proper rectangle box pattern being formed
- Accumulation is in process with Volume Spikes
- On the Break of the box with a retest will give for a good re-entry
- New Target Levels have been marked and shared
* Disclaimer
- After achieving 14% our TSL was hit
Re-Entry Possibility in the making:
- Right now, there is a proper rectangle box pattern being formed
- Accumulation is in process with Volume Spikes
- On the Break of the box with a retest will give for a good re-entry
- New Target Levels have been marked and shared
* Disclaimer
Comment:
SONATA SOFTWARE Update (as on 4th April, 2024)
Possibly one of my worst re-entry trades ever:
- After makinng 14% our TSL was hit (lost 1.5%) making it around 12.5% in the first week of February for our initial trade
- Thereafter, the stock fell back to our Weekly Support Zone and we were watching the stock carefuly for a consolidation and pullback
- But what we got was a proper fake breakout (as seen in the image in a daily TF)
- And the stock fell continuously for the last 10 sessions, and my SL (of 6.5%) was Triggered at the bottom of the box
Note:
- I do know that whenever, the pullback happens, it will be quick and smooth, but cant keep waiting or praying for it to
- Some stocks will sure make you regret, but following the rules is the only way out
- Cut my losses and moving on
Become Emotionless
&
Trade Ryte
Possibly one of my worst re-entry trades ever:
- After makinng 14% our TSL was hit (lost 1.5%) making it around 12.5% in the first week of February for our initial trade
- Thereafter, the stock fell back to our Weekly Support Zone and we were watching the stock carefuly for a consolidation and pullback
- But what we got was a proper fake breakout (as seen in the image in a daily TF)
- And the stock fell continuously for the last 10 sessions, and my SL (of 6.5%) was Triggered at the bottom of the box
Note:
- I do know that whenever, the pullback happens, it will be quick and smooth, but cant keep waiting or praying for it to
- Some stocks will sure make you regret, but following the rules is the only way out
- Cut my losses and moving on
Become Emotionless
&
Trade Ryte
✓ 12.5% in 13 Trading Sessions
- Both Target Levels Achieved
- TSL is on
#stocks #swingtrade #chartanalysis #priceaction #traderyte #SONATA #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch