Breakout
FINNIFTY expiry analysis. TATAPOWER and TECHMAHINDRA breakoutToday is the FINNIFTY expiry. It has been in a tight range, if it breaks, it may give a good move.
TATA POWER and TECHM analysis for break out.
Keep these on your watchlist.
Happy trading. If this helped you, share in the comment.
I am not SEBI registered. Kindly take your own trades.
Squeeze - The Secret to Successful Breakouts!The squeeze indicates tightness and volatility in a stock. In the example here of #krishana, a high compression squeeze was seen the day before the breakout. This is indicated by the yellow date in the squeeze indicator. If the squeeze is combined with the VCP pattern or the formation of higher lows prior to the breakout, the probability of success of the breakout increases significantly.
#breakout #trading #squeeze #krishana
What is a fake breakout & how to spot one ?Fiem Industries gave a fake breakout in september and this was immediately visible based on the selling that followed the breakout with heavy volume. But the stock gave a breakout again in November & this time it was successful. This time, the successive candle did NOT indicate significant selling. In fact, there was simply no selling which means that there are no sellers in the market. To prevent significant losses from fake breakouts, I would recommend observing the follow through candles & maintaining a strict stop loss to prevent significant downside. I would also highly recommend keeping the stock in your watchlist and wait for a point of re-entry.
INDIAN HOTEL : BREAKOUT AWAITED - TRADE WITH RISK REWARD OF 1:5 Price has shot up in a narrow channel and facing resistance at key levels.
Price has tested this resitance thrice and looks like now is in a position to break this resistance to
give a upmove of 15 %.
Risk Reward & Stop loss mentioned in the chart.
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