Contains IO script
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
CUP & HANDLE Breakout in BPL
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Symmetrical triangle Breakout in PUNJABCHEM
BUY TODAY SELL TOMORROW for 5%
Thomas Cook, one simple horizontal line setupTraveling is booming in India post covid.
And travel companies are enjoying this piece of pie.
-Posted growth YoY EPS growth, OPM% also improving.
-Near Major resistance, under which it is consolidating for 50 days (good consolidation)
-Good Shakeout, when price went below major ema (here 21 dema) and rally back (also known as MAU&R: Moving Avg Undercut and Rally)
-Tightness near resisantance.
-Signal Candle (5th n 7th June candles are white dot, which is more than 5% move with 1M vol) suggesting big players are buying. Retailer buyers cant create such volumes.
If it breaks this resistance level. with good vol (basically more than 10 day avg) then can expect good move.
No buy/sell recommendations.
If's And But's Scenarionoticed all coins have pushed their limits except for FLOW. it is still hidden (IF) only (IF) a bet a blind bet you want to take for 10X . this can be one of it. Still accumulating under large scale if at all it comes back to the box and we see a breakout 2-3X is foresure.
not a financial advence just my theory on the basis of charts.
Capacite Infra, another good Infra stock-Posted good results
-Why i am liking this setup so much is : Its rejection from 200 ema(yellow line), that means its staying very little in Stage 4, means strong buying by Institutions (Lots of white dots : 5% move with 1M vol)
-Recovered fast from 4th June (election result day) bloodbath, again strong stock sign.
-in Tightness phase (volume drying), needed consolidation as already moved 25-30% from 200 ema
-21 ema slope up
Mazdock, setting up again with other defence stocks. -Posted great results. Whole defence sector strong.
-Breakout from long base.
-After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle.
-Tightness
- Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume.
-Downtrendline tested 3 times.
JK CEMENT 4403-4580-4840 SL 3950-4150 ZONE
$JK Cement Ltd. is an interesting chart with following
1. RSI on daily and monthly above 60
2. Narrowing Bollinger Bands and price Walking on upper Band on daily charts
3. Price crossed above 20 Week SMA last week forming a hammer
4. ABCD pattern under formation on weekly chart
5. Increasing relative strength on both benchmark and sectoral index
6. Price gain with rising volume
Can be a good risk reward to buy on dips and dips only with major support near 3950- 4150 being 20 D/W SMA and 4027 being 50 DMA and next resistance being 4403-4580 -4840-5160 zones
Lets See How it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
GUJGAS LTD BULLISH - 628-665-713 SL 550 Gujarat Gas Ltd. is an interesting chart with following
FUNDAMENTALS
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 21.0%
Company has been maintaining a healthy dividend payout of 24.9%
"TECHNICALS"
1. RSI on all time frames (DWM) above 60
2. Narrowing Bollinger Bands on Weekly chart
3. Price walking on upper Bollinger Band on daily chart
4. Both SRS and ARS above zero
5. High Trade and delivery quantity during week
6. Stock outperforming sectoral index in both 1 week and 3 months
A Good Risk reward with Major Support at 550-556 zone being 20 Day and 20 Week simple Moving Average and ABCD pattern under formation with next resistance at 628-665-713 respectively
lets See how it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Accuracy Shipping - For Penny stock holders - buy above 10Accuracy Shipping - Sector tailwind and hence publishing it.
Its a penny stock, and i suggest to not to put more than 1% of your capital.
This stock can be best added above 10.
With Strict Stop Loss of 8.20
Disclaimer : Please exercise caution while dealing with Penny stock. During sector tailwind many stocks will run. This is more speculative and purely on technical analysis.
Range breakout signal plus confirmation is observedExtraodrinary shake out candle and raising prices indicates
1. Range resistance line as first target
2. futher targets drawn may also achieved after supply absorption at range top
long consolidation already removed maximum supply at these levels
shakeout candle tested supply at bottom comfortably
sector support gives addtional confirmation
Price is ready to move after accumulationIn Weekly and Daily Time frames, accumulation is done in the complete zone.
Any minute supply near Resistance is being absorbed in this week by Big players.
Bullishness is clearly visible in 75min TF.
Futures can be taken at current price.
Good sector support is additional confirmation.
Nifty50 Channel Breakout Confirmation: Key Level to WatchWe are observing a potential channel breakout in the Nifty50 index from 03 MAY to 03 JUN. To consider this breakout valid, the index must sustain above 22,350, confirmed by a 1-hour candle closing above this level. Keep an eye on this threshold for confirmation of the breakout.
LICI -long for 25 % Technical reasons
1. price above shorter ,medium and long term EMAs
2. 18>50>100>200 day EMA suggesting bullish momentum
3.MACD above signal and zero line (12-26) while 50-100 is above signal line (but below zero)
4.price restesting the horizontal trendline (IPO level),18 day EMA
5.Inside bar formation in weekly charts above 18 day EMA
6.aymmetrical traingle BO
target and SL marked