#AVADHSUGAR1 ICMC Breakout
2 Retest ICMCBO
3 Further followup move
4 It's all shunted and the shunted target is now done!
AVADHSUGAR
AVADH SUGAR ENERGY (NO INDICATORS - ONLY PRICE ACTION)1) Firstly pretty good channel breakout
2) And successfully Retested the trendline with low sell off candles
3) You can aim for 530 levels for the target (i.e 1:2) and keep your stop loss below the breakout candle.
4) I gave the target levels in this trade. Actually, I don't set the target, I do take exit depending on price-action (and it varies from the person to person's conviction)
5) still if you want to set a target then go with 1:2 or 1:3 risk reward
6) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE: I only use a simple Strategy that always gives superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good.
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AVADHSUGAR - Parallel Channel BreakoutThe stock broke out of the declining parallel channel. The issue is that although the volumes are higher, they are not very high, and this breakout could be a false one.
I think the trade can be initiated by keeping a closer stop, which can give a good risk reward ratio.
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Late night Technical analysis talk Just normal video for you guys on your demand: Here we analyze the stocks given by you guys, you can put your stock in the comment section or DM me on the trading view platform :) I hope you like the content
#TATAPOWER CMP113.35 #Target 128 #ADANIPOWER #RPOWER #POWERINDIADaily Chart
#TATAPOWER
NSE: TATAPOWER
Short Term Quick Profit
CMP 113.35
Target : 127.75
SL : 107
Timeframe < 30 Days
Can hold for longer time
The BONUS:
The stock is picked up not for this small target.
The Long Term Target is a lot more
This might take around 9-12 months from now.
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher highs again.
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
AVADH SUGARNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Avadh Sugar - CMP: 227It has given Channel breakout on longe time frame and also given rounding bottom breakout on shorter time frame. Increasing in Delivery volume indicated bullish movement expected ahead. We can expect price movement up to 250 in near terms. All oscillators also indicating bullish movements ahead.
