DCM Shriram 3.5yr Breakout retestMoving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
Breakoutretest
Natco Pharma ATH breakoutMulti year ATH BO.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
Sundram Fasteners 3yr Breakout Retest completedAuto ancillary sector is headed higher.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
GMMPFAUDLER resistance at 4600GMMPFAUDLER facing reistance at 4600, it could retest 4000-4200 levels where it has given breakout.
Daily RSI is at 80 which is overbrough zone. expecting some pull back in it.
either it could reach 5000 without retest or it may retest breakout level followed by reaching 5000 level
SBILIFE Breakout and retest tradeNSE:SBILIFE Levels already mentioned.. Look for intraday to Swing..
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Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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Shankara Building Products: Nice Breakout TodayThe stock has been consolidating in a trading range for a while now. Have a look at the price action over the past few days. The candle size has shrunk and so has the volume. The rally today represents a breakout from the range. The price action today is also backed by higher trading volume. I have bought a few shares today. Would add more on subsequent buy signals.
RPower: support zone & breakout retest confirmation {Bullish}RPower
CMP 48.50
Last time, we were able to capture the stock movement right from 36.80 levels to 62 levels where we highlighted the zone of 58-62 being important
The stock has come down exactly from same levels...
At current levels the charts suggest the stock is back at important support levels & zone of 45-48 may act as strong support ...
Buying at current levels & on dips towards 45 can be considered
Target 82 / 108 levels
Take care & safe trading..!!!