* My favorite set up when price consolidate near 200 Day SMA and breakout any chart pattern ( In this case symmetrical triangle ) with high volume with any bullish candlestick pattern near the breakout level (In this case Bullish Marubazu) . Kindly Let me Know if you have any questions. Thank You
Already forming higher lows continuously as a bullish sign.
New high made again. SL: 5425. Don't judge by daily volume cuz it did breakout in late hours. See hourly volume.
Alkyl amines has a very common pattern that is observed always. After the breakout we always see a big rally.
After breakout with volume the stock has shown an irregular retest and has again continued its rally.
After Breakout with exceptional volume the stock has shown retraction from previous high levels. After a wick rejection from the resistance zone it has again continued its uptrend.
Price trading near All time high and it is yet to close above it. One can expect a power breakout when it closes above ATH and sustains. Keep an eye. Look for patterns in the lower time frame and take the trades wisely.
As you see, there is trendline made in Banknifty. . It is possible that Banknifty can give gapup opening because in last doji candle is made. . Banknifty took 3 to 4 Times support from the level of 33387. . So we will buy BANKNIFTY PE after down 33360. . We will buy after BANK Nifty CE after crossing 34120. . You can give your suggestions in comment box.
See, Nifty Today made a double top Pattern, according to this market can go reverse. . Nifty can Give the Gap up opening then it can goes down. . We will Buy Nifty CE after crossing 14860 . We will buy PE when Nifty goes down 14600 . You can give your suggestions in comment box
The stock of Endurance is on the verge of Breakout of Symmetrical triangle pattern which is supported by RSI indicator also. Entry can be made in the range of 1428-1432 with the SL of 1389.95 for the target of 1474-1478.
If it breaks out above 403.40 which is today's high then go long... 450/460 in 1 month or 3 weeks.
Hello All, 1. Relaxo Footwear has given a weekly breakout above All time High Levels of 830. 2. After given Breakout stock has also retested the same levels and made Hammer on weekly Timeframe . 3. We can buy this stock now with a SL of 800 and ride the upmove. 4. Do proper position sizing before buying. Allocate only 10% of your capital. Thanks
Hello All, 1. Camlin Fine has given a weekly breakout above All time High Levels of 129. 2. After given Breakout stock has also retested the same levels and made Hammer on weekly Timeframe. 3. We can buy this stock now with a SL of 120 and ride the upmove. 4. Do proper position sizing before buying. Allocate only 10% of your capital. Thanks
Buy at Rs 1560 and target = Rs 1600.
Look more into daily TF for wedge breakout. SL level is 1800 around. A confluence of multiple patterns is there.
Spread your holding till first retest level: 1290. SL: 1250 around. Moved too fast to catch!