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Breakoutsetup

APARINDS|Can give good breakout | Keep it on watch-list/radarNSE:APARINDS Technically, on Daily Time Frame, it has made perfect rounding bottom pattern and also gave breakout of it from the level 596 where it had the neckline of it. And then it also took support from neck line level at 596 level. Now the next breakout level for this stock is at 700 level. This stock is for people who are looking for investing for short/mid term time. (1 -3 months). Please note: : This is just for educational analysis and it is not any financial/investing advise. You can keep this stock on your watch-list /radar. Better to take advise from your financial advisor before considering for any investment.
NSE:APARINDS
by Trading_hawk
2
TATASTEEL breakout on the way.I had earlier posted an idea on TATASTEEL on 13th June which was closed at cost. TATA STEEL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. It has formed a continuation candle at the 20 EMA and is moving towards its all time high with above average volume. A trade can be taken with the following levels in mind. LONG ABOVE : 1250 STOP LOSS : 1188 TARGET 1 : 1312 TARGET 2 : 1374 Initiate trade only if it maintains above the "long above" level for 15 minutes. I will update the idea as the trade develops.
NSE:TATASTEELLong
by Tradeception_
How to identify a successful Breakout?Underlying logic: 1. The price gets rejected from a level repeatedly and forms a major resistance. 2. There is an initial test of supply which absorbs some pending orders 3. The price finds a bottom and some sort of accumulation happens. 4. After the accumulation, the price tries to move back up to retest the resistance level. 5. A bull trap is confirmed when the price pierces through the resistance level but there is no follow-up move. 6. But after every test of the supply, it becomes weaker and weaker due to absorption of pending orders(already discussed in older posts) 7. The price finds a bottom again and then another phase of accumulation starts 8. Finally, the price moves up and tries to breakout above the resistance. This time the price manages to break out since the residual supply gets absorbed and it gives a retest. 9. If the breakout is successful, it will be followed by a bullish move and the volume will expand. 10. The retailers buy after the breakout while the institutions buy during the accumulation phase. Exhibit 1: Clear breakout and clear retest Exhibit 2: Clear breakout with NO retest of a horizontal level Exhibit 3: Breakout with consolidation at the resistance level Sometimes, the price may start consolidating at the resistance level. This is a positive sign because the price is absorbing all the residual supply and is trying to find the equilibrium. There can be many more different variations, but the underlying concepts remain the same. You can read and revise this post until you master the concepts. I hope you find this post useful. Also, if anyone is interested in getting a consolidated PDF version of this thread, then you can message me, I'll provide it. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! @johntradingwick
NSE:JINDALSTELEducation
by johntradingwick
102
LT - Inverted Head and shoulder🔴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
NSE:LTLong
by PrakWorld_Traders
2
SBIN | Pre-Breakout(Intraday / Swing / Positional) Trade | RR 1:2+ | Type:- Pre - Breakout Reasons To Trade🤔 :- Stock Is In Overall Uptrend, Above 200DMA, Ready To Break- Flag Pattern / Falling Wedge = Both Supported By Fibonacci Retracement (50%) & RSI Divergence (With Good Consolidation). INTRADAY = Entry :- After Clear Breakout or Retest | Stop Loss :- What Suits You | Target's :- What Suits You SWING = Entry :- After Clear Breakout or Retest | Stop Loss :- 347 | Target's :- What Suits You POSITIONAL = Entry :- After Clear Breakout or Retest | Stop Loss :- 345 | Target's :- What Suits You -- Look For Healthy Volumes . Or Get Ready To Exit The Trade. (Risk Must Be Managed.) :- Intraday & Swing = < 2% / Positional = < 5% (Good Risk Per Trade). Keep Your Eyes On Index Or Any Bad News That Affect The Trade Or Market. FOLLOW 🤝 | LIKE 👍 | COMMENT ✍ -------------Any Suggestions--------------
NSE:SBINLong
by CT143
NMDC | BreakoutPositional - Long Term Trade POSITIONAL = Entry :- 140-145 | Stop Loss :- 130-120 (Or According To Your Set Of Rules | Target :- Let It Show Weakness, Till Then Ride It. -- Look For Healthy Volumes . Or Get Ready To Exit The Trade. (Risk Must Be Managed.) :- Intraday & Swing = < 2% / Positional = < 5% (Good Risk Per Trade). Keep Your Eyes On Index Or Any Bad News That Affect The Trade Or Market. FOLLOW 🤝 | LIKE 👍 | COMMENT ✍ -------------Any Suggestions--------------
NSE:NMDCLong
by CT143
2
WIPRO | RR 1:2+ | Pre-Breakout(Intraday / Swing / Positional) Trade | RR 1:2+ | Type:- Pre - Breakout Reasons To Trade🤔 :- Stock Is In Overall Uptrend, Above 200DMA, Ready To Break- Channel Pattern (With Good Consolidation). INTRADAY = Entry :- 428.8 - 430 | Stop Loss :- What Suits You | Target's :- What Suits You SWING = Entry :- 430 | Stop Loss :- 423.5/422.3 | Target's :- 442 POSITIONAL = Entry :- 430 | Stop Loss :- 416 | Target's :- 460 -- Look For Healthy Volumes . Or Get Ready To Exit The Trade. (Risk Must Be Managed.) :- Intraday & Swing = < 2% / Positional = < 5% (Good Risk Per Trade). Keep Your Eyes On Index Or Any Bad News That Affect The Trade Or Market. FOLLOW 🤝 | LIKE 👍 | COMMENT ✍ -------------Any Suggestions--------------
NSE:WIPROLong
by CT143
2