Amazing breakout on Weekly / Daily Timeframe - PARAGMILKCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
PS: No new Nifty500 script can escape from me when making a breakout. :-)
NOTE: Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Braeakout
Amazing breakout on Weekly / Daily Timeframe - POLICYBZRCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
DB REALTY LONGA clear cup and flag formation can be seen in the weekly charts of DB RELTY. IT IS THEN FOLLOWED BY A GOOD BREAKOUT WITH GREAT VOLUMES!!! (OPEN CHART OF DETAILED VIEW)
A retrace can be seen till the level of 25 (dotted line). Bullishness is seen in the stock!!
LEVELS:
Entry: CMP
Target 1: 34
Target 2: 41
Target 2: 51
STOP LOSS: 19-20
TRAIL STOP LOSS
RSI in momentum zone
MACD just gave a crossover
MA CROSS started showing bullish phase
Risk-Reward Ratio FAVORABLE
I would recommend going long on DB REALTY for a swing trade at prescribed levels
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS
THANKS