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.
Consolidation
Coal India consolidation (Part 2)This is an update to my previous view.
As we can see after the formation of evening star pattern Coal India has started to consolidate. I don't see any further push into the remaining days till expiry this month.
It has a good support around 144. And will give a good buying opportunity if it further falls to 140 and below.
It is a also good opportunity for a short straddle on the current level for a quick scalp with properly defined stop losses.
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 :)
Pullback after breakout with low volume* This stock Pullback after breakout with low volume and also promoter buying 62 lakhs share average price of 118 to 120.00
HEROMOTOCORP AT VERY IMPORTANT LEVELOne can intitate Buy position in HEROMOTOCORP with target of 3000
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 :)
Nifty - Neutral to Mildly Bullish View - 11/05/2021Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
DCBBank - 5 to 10% TargetDCB Bank is consolidating in a very narrow range between 88 to 94 for past one month., Today the volume is great
We can expect a BO in this consolidation soon
Can be entered abv 95 - And Aim for 100/105
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 :)
PETRONET LNG Short & Simple Short term Analysis✔✔💢for risky players💢
enter @230-40 range
strict sl below 200🙏
trgt 258-275-300+🎯🎯
long 400+💰
is this Accumulation Or distribution?
🔹Fund houses/brokerage firms updating their trgt into 280-300-350 levels.
🔹Stock with good financial performance alongside good to expensive valuation.
🔹Strong Financial perfomance.
🔹Also the chart looks postive.
🔹Has been consolidating for the last 4 years.
✔197-202 is the major support level of the stock.
✔In the pademic crash the stock made a low of 170, 40% from jan high.chart below👇
✔Just 15% from it's major support(4 year support).👇
✔I am not saying 40% is small correction.yes it's a good correction.But we can see big rejection/wick candles in weekly time frame.that's why i feel it like an Accumulation.👇
I am not sure guys. I shared just my analysis✨
you can also share your views. Comment below✨
Anyway keeep watching
note this is not a stock recommendation Study then enter🙏
like💚comment💚support
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
Hind Zinc, New Life high expeted.All observations on chart.
On weekly chart Hind zinc is making higher high higher low formation. Just below the all time high stock is consolidating.
longer the consolidation more powerful is the breakout.
Inside Bars Are formed Just before a breakout. Inside bar means one low volume small red candle is formed between big green candles and also opposite of this is one small bodied green candle is formed between big red candles.
As you can see stock is stuck in range for a long time now, and is hovering at the upper end of the range. Expecting a good move here in coming days. check the chart below
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.
