Vedanta - Bullish breakoutVedanta had a good breakout from the trendline, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Breakouts
Cholamandalam Inv - Expecting a reversalCholamandalam Inv is expected to have a reversal breakout from its bottom support, so give an entry with appropriate Stop loss only after a clear bullish candle from its bottom
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
PI Industries - Channel breakoutPI Industries had a clear breakout from its channel pattern, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Unites Spirits - Retesting the channel lineMcdowell_N is facing its retest in the channel zone, so give an entry with appropriate Stop loss after the bullish candle
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Hindustan Petrol - Retest DoneHindustan Petrol is so bullish and done with the retest, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
PTC India - Trend reversalPTC India Financia had taken a reversal from its triangle bottom, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Cigniti Technologies Resistance Breakout with good VolumeCigniti Technologies making Higher Highs & Resistance Breakout with good Volume. We can go for Buying at Retracement levels for Swing Trade.
TGT 1- 616
TGT 2- 680
-> Always Enter With good confirmation & Maintain proper Risk Reward.
*******Knowledge Purpose only********
--->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.
Naukri Ready to take a Big LeapOn weekly charts Naukri formed Double Bottom and is ready to come out of its consolidation. Its dangerously poised for a Big Leap in coming days and months after breakout. This is a long term bullish pattern and for taking positions for a minimum of 6 months to 12 months period. Targets are much higher
BUY PNC INFRATECH - BULL FLAG BREAKOUT ON THE WEEKLY CHART Buy for near term (8-12 trading sessions) targets mentioned on the chart. Fundamentally strong stock - can hold longer for bigger targets.
The stock has closed above the parallel channel. Also, it had closed above its 50 DMA on Thursday 20th May 2021 and pushed higher the next day on the daily chart.
Disclaimer:
The analyses that I publish are solely for informational & educational purposes.
Do your own analysis before making any investment. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on the internet and wish to rely upon, whether to make an investment decision or otherwise.