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Consolidation-breakout

SRF- A box Breakout RevisionLast time i posted this stock on 13th of October and since then it kept me waiting for the right time. I clearly mentioned it needs to halt before breaking out and that is what it did. Previous Posted Chart for the reference :- Waited for almost 20 days and then gave returns of 10% in a day. This is what is important in trading Waiting for the right time. Waiting for the right time is the most difficult thing to do in trading. Believe yourself and believe your analysis. Some will fail and some will go your way and the charts which will go your way will give you much more than what u lost in others. Trade with Sl and believe. Cheers and Happy Trading
NSE:SRFEducation
by LearnersParadise
6
#Oct13 - TATACHEM (intraday)The stock has been trapped in a channel for a long time. So wait and trade the breakout at these levels :- Buy above 305 Sell below 298.9 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me on tradingview to get such intraday and swing picks everyday. Happy Trading!!
NSE:TATACHEM
by FAHEEMSAM
ICICI BANKICICI Bank has consolidated in the range of 340 to 380. Moving average band suggest the bullish trend formation. Stock is in short term uptrend above 380. There is high resistance at 390 and 415. Suggest to book partial profit at these levels if you have positioned it at below levels. If there is good momentum in NIFTY and BANK NIFTY and if it sustains above 420 we can see the next level of 445, 480 and 490. At 490 major correction expected and suggest to exit all position.
NSE:ICICIBANK
by Market_Crux
1
EXIDEIND - CHART SPEAKSPRICE HAS REACHED THE IMMEDIATE RESISTANCE, IF IT BREAKS, THERE IS GOOD CHANCE THAT THE BULLISH MOMENTUM WILL CONTINUE. BUT SINCE AUTO SECTOR IS WEAK SINCE THEIR WAS A HUGE MOMENTUM IN THE PAST COUPLE OF DAYS, MAYBE THE STOCK WILL HAVE A CORRECTION. BUT USE THAT TOO AS A BUYING OPPERTUNITY AS "BUY AT DIPS" IS THE STRATEGY WHICH SHOULD BE FOLLOWED NOW. IF YOU HAVE READ THE ABOVE STATEMENT, YOU HAVE SUCCESSFULLY BECAME MORE AWARE OF THE MARKET SINCE MOST DO NOT READ THESE STATEMENTS (AS THEY ARE SO BIG) BEWARE OF FALSE BREAKOUTS Look at the charts and make an informed decision. Thank You Happy Trading Beware of risk involved in stock market and this is for educational purpose only.
NSE:EXIDEIND
by FAHEEMSAM
Supreme Ind- Multi Year BreakoutThis stock has tested this high thrice already before and as mentioned Chart is of WEEKLY timeframe. Since Jan 2018 this stock is testing this level and returning back but as concept of resistance tells us that once a level is being tested again and again it starts becoming weak combining it with its halt near breakout gives this stock a better scenario and probability of success also increases. So sooner or later once this will break and close above 1430 it should be ready for a good move. Keep an eye folks.Happy Trading. Disclaimer : Please trade with your own risk and trade with caution.
NSE:SUPREMEINDLong
by LearnersParadise
5