The stock has attempted a breakout from 185 zones 3 times and has reached a stable point, with the good performance of the metal sector, JSW is a long opportunity with a good breakout towards 203.
APOLLOHOSP has given weak breakout of Channel Drawn(By Menka), May result in False Breakout!
Entry : After Closing Below last candle ,look for shorting from Given Red Zone Near.1250
Stoploss : 1285 (Closing Basis)
Basic Target: 1200 Then Trail till lower white Trend line
A Good read for all : why-teamwork?
if you have any queries regarding...
MOMENTUM TRADE IN MINDTREE
MARCH FUT
FALLING DOLLAR
FALSE BREAKOUT
DARK CLOUD COVER
BREAKING SUPPORT ON DAILY
FUT TRADE
SHORT@922
STOP@937
TARGET@900
LOT:600
QTY:1
The stock has formed a beautiful Roof Pattern it gave false breakout today and came back. One can trade the stock by providing small Stop Loss high of today and look for a target of 140. Risk to reward ratio works out decent.
I think I should post My analysis by 8.45 am or earlier, Daily when I'm writing up description pre-market happens and then I need to include premarket scenario's too. Need to work on My Morning Schedule !
By yesterday evening, in the last post, I have updated about Double bottom and as result of it we had this Gap Up opening in Nifty. Don't worry Guys, this is...
