Chart Structure:
- Broken out All-Time High (of 2015), pulled back, consolidated a bit, and now ready to go up.
- Price in an uptrend since July 2020.
Volume:
- High volume deliveries this week. Up to 12.41 lac shares were delivered yesterday, whereas average deliveries are 1.23 lacs.
- Yesterday saw the highest delivery of shares in recent times.
Relative...
NSE:VOLTAS
Today we saw amazing recovery from the bottom level. And it closed in green.
But on daily time frame it still remains below 100DMA which is placed at 1009 level range. It will only safe to get new buy trade once 1010 level breakout.
Please refer below chart on daily time frame....
A Complete Trading Process on how I add my positions at various points and how I manage my positions.
Having 4 entries at present and 3 of them marked in the chart above.
Most Important Point - STOP LOSS never exceeds 1% on my entire capital . In this example I have assumed my total trading capital as 10,00,000.
All my entries and Stop loss has been explained...
Its a complete trading process on how I add to my positions at various points and how I manage my positions. Having four entries, but i have explained three entries only as one entry was a forced entry where i took additional risk has not been marked on the charts. Remaining three entries has been marked on my charts.
Most important point is my stop loss...
About:
Jubilant Ingrevia was Demerged from Jubilant Lifesciences in February 2021. It is in the business of Speciality chemicals, Animal & human nutrition, life science chemicals, ethanol etc.
- Stock is in a continuous uptrend.
- Price today crossed the previous swing high after forming a base at Support Level (which was earlier a resistance)
- Price broke out...
#RISK MANAGEMGENT
This is the thumb rule to be successful .This will definite
Discipline is must. Don't be greedy.
In one day you will be successful trader.
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1. Stock in Continous uptrend.
2. Relative Strength Strong & increasing.
3. Stock crossed All Time High (2017) of 195.15 and was consolidating after multi-year Breakout.
4. Spread chart Breaking out.
5. Accumulative positive volume activity during consolidation.
6. Good Q1 numbers.
7. Stock is up today when most of the Nifty & Mid-cap stocks are in Red.
BUY BRBEQUE CMP: 1017 SL: 800 TARGETS: 1250/1400+
Good Volume & Delivery data
Fresh Breakout
Short/Mid Term Investment Pick
For educational purpose only
#banknifty view for 2nd Aug to 6th Aug'21
Deleted everything from the chart and started fresh for the new month, the view is neutral to bullish, the market in time correction/consolidation, the significant move can be seen after the range breaks.
The view will be changed to bearish below 33,700 only, but don't want to miss out on the next big upmove.
Moving...
What do I see on #banknifty?
Falling wedge breakout with a gap and pull back to the falling wedge line.
The heart might say to go short, but when you open your eye and use your brain to analyze, there is clear cut long which chart is telling us.
I prefer to go long until 34,350 is not broken, the buying will come above 35K, 35500 looks very much possible on the...
(Sector - Finance & Investments)
- Consolidation Breakout.
- CRS Breakout.
- Good Volume Activity during breakout.
- Good Accumulative Delivery of shares.
- Consistently increasing Quarterly & Annual Numbers.
- Stock in uptrend since listing.
- Took 20% Breather after a 208% up move.
Worth keeping eye on
