The stock has been trapped in the channel for a while now. This is an intraday pick from my side.
Buy above 640
Sell below 629
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
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This pattern has a 90% success rate. So dont miss the breakout. Trade when an upside breakout happens. This is a swing and intraday pick.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
...
The stock had been trapped in a channel for a long time. Last day, it broke out of the pattern, so now we can see trend confirmation. The bearish trend will be confirmed if the latest low of 2125 is broken. This is an intraday pick. Also note that trend reversal can happen.
Buy above 2151.75
Sell below 2125
Note:
Avoid the stock if a big gap up or gap...
The stock has been trapped in a channel for a long time. Last day, it broke out of the pattern and also retested the trendline today, so we can see trend continuation next. The bullish trend will be confirmed if the latest high of 710.5 is broken. This is an intraday as well as swing pick from my side. Also note that trend reversal can happen from resistance.
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This stock is visible in many news channel for the decision on the book value on the company.
Remember - "a good news is not always an upside, and a bad news is not always a downside".
beware of false breakouts
this is for educational purpose only
