Lets learn and earn together #5| Discuss and Ask Anything Although I missed the chart :) but still learning gives future earning :)
Consolidation-breakout
A pattern you would love to trade | S01e06Big breakout ... buy only at days close above both the blue trendline + the green line ( monthly resistance )...
Consolidation Breakout in HGSHGS is expected to give breakout of the consolidation, Entry can be Above 1705-1707 with the SL below 1683.95 for the target of 1747-1749. The stock is consolidation in that range from last two weeks, Closing above 1700 can lead upto 1845
Long time no see Breakout | SpiceJetLets goo finally out of the down channel ... time to trade it :)
manage your risk...
positional hold till the near time high and SL can be near time low.
BASF India - 2wk Wedge Breakout on 4yr Resistance lineTested the breakout area twice on weekly chart as well.
SL: Below BO candle
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
Note: I reserve the right to be wrong.
For educational purposes only.
Advanced Enzymes - 3wk Darvas Breakout at 5yr Rounding Bottom Consolidated for a good 3 weeks, now ready for a breakout (unless market throws up any surprises)
Moving 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.
A pattern you would love to trade | S01e04vindhTech analysis has been done right .. time to take action with risk management and get the trade on time :)
Happy trading :)
The violet spots shows the higher lows made with respect to a great consolidation and now a little breakout done near resistance .... tgts are heavy with low risk :)
A pattern you would love to trade | S01e02 | QuickHeal | FLAGTake the trade on 1hr as the same day trend line is maintained on 1hr too , u can go for other timeframes too if comfy with the risk ... i would say a good 20 to 30% UPSIDE IS POSSIBLE if broken for upside ..... if broken for downside = don't take the trade wait for the price to tell what to do next :)
Happy trading :)
A pattern you would love to trade | S01e01Buy if it comes out of this range . A big green candle is the sign for A go go :)
Remember : Buy only on Days closing time near 3:25 ...
Also don't risk all the capital . the % of the candle should be your SL and take position likewise
RKFORGE Breakout on Weeklyit has given consolidation breakout on weekly chart with good volume.
RSI is above 60 on weekly chart.
eyeing for 730-750
ERIS ConsolidationIt has been consolidating on 15 min time frame, closed near to previous high closes on daily time fame.
RSI above 60 on daily chart.
expecting consolidation breakout ahead.
JUBLFOOD | 1HR ENTRY + 1D BO = MASSIVE RETURNSONLY TAKE A BUY TRADE ...... enter on BO above and then hold for the day .. if it stays above the trendline for the whole day take the stock home . see it on D chart then it might give you amazing upside :)
BHARTIARTL BULLISH The stock has been consolidated for more than 13years keep an eye
Reason :
1. Result on 17 May 2021
2.Airtel beats Jio to add most active users for a third straight month(expecting good results )
3.Formation of ascending triangle pattern
Cipla Earnings special analysis | #LetsMakeMoneyTogetherMy fav symmetrical triangle breakout ... upper trendline been tested many times and is clean meaning no gap ups above the line and coming down back into the zone of triangle .... a closing above the line on 15m or u can watch for a good risk at 5 min too depends on your RR ratio and RM system. Take the trade as per
Happy trading :)
Infosys Sideways trend capture #Ep1 #LetsMakeMoneyTogetherA good and bullish candle . i.e, prefer a pinbar or an engulfer on 1330 lvls . will establish a buy for the IT giant INFY .... As trend is suggesting .... buy low and sell high in this sideways mkt of infy . For positional purpose : Hold on 1380 lvls to see if it breaks it, educational note : it might note break it in one go but might consolidate there with a pattern .... things will be updated here as per :)
Also if it directly goes and breaks 1380 lvls which is highly unlikely scenario, but if happens go long instantly it might make better money than the sideways trend :)
Bharti airtel ascending triangleThe stock is consolidation more than a month and gave a range level breakout and bull run started and now the stock forming ascending triangle and breakout with target of 600 for this month
APOLLO HOSPITALS BREAKOUTStock has been consolidating for some time and now has come out pf rectangle formation. VOLUMES shows the accumulation and dried up when it fell and now spiked up .
stock is in uptrend ,making higher highs and lower lows
Alert: Consolidation Breakout - Consolidation Period 2 monthsDisc: This is not a trading recommendation. Please do your own research or consult your financial advisor. Charts are for educational purposes only.
Prince Pipes - Breakout after a strong consolidation - Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation
- Another bullish candle on 30 Apr with volumes
- 510 can be a nice entry however the price structure indicates uptrend
- Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550
- Price trending with shallow retracements
EIDPARRY into breakout zone355 to 370 can be seen as beakout zone.
+ADX cross over on daily on daily chart
raise with good volume.
has been in consolidation for quite some time.
it is trading near all time high.
RSI above 60 on daily chart.
Range breakout expectedStock consolidating since 9 months.
longer is the consolidation more powerful is the breakout.
since stock is up today 10% buy only partial qty
wait for dip till 400 or
wait for range break and enter on testing.
All other observations on chart.
Many times I have covered range & consolidation breakouts.
Advantages
1. Stop losses are low.
2. Kicking out by hitting SL is occurs rarely.
3. Breakouts are of high intensity, Quick gains.
4. If you have entered in the lower end of the range &
breakout fails, you still get good exit.
5. Profit probability is higher.
Check similar ideas below
SUVENPHARMA Consolidation BreakoutSUVENPHARMA has given good consolidation breakout with above average volume.
