Trident - Expecting more than 20% returns in short span
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
FLAG
SAIL - Flag & pole and Traingle AS you can see in the Chart ... Flag and pole pattern formation and Traingle formation has been shown by SAIL on Daily Chart
There are 3 possible Setups to trade in this Scenario:
Case 1 : if it take support at traingle base as shown in chart ... we can go for a swing trade ... with immediate target of 130 with SL mentioned in the chart
Case 2: if it breaks above resistance .. only with good volume ... then wait for it to retest the resistance trendline ... and if it took support then u can go long ... for safer side by above 135..
Case 3 : In case .. if it break down below 116 ... then w8 for the retest ... if it took resistance at 116 then you go short...
Note : I am still in a learning phase .. please let me know if i missed something
Disclaimer : This is just for Education Purpose only
HFCL - Rectangular Flag and Pole breakout
Entry - CMP (72.6) breakout was 67.85
Target1: 86.1
Stop Loss: 63.7 (Daily Close).
Will Update Trailing Stop loss whenever required.
Duration: 1-2 months
2nd Time Sharing this Script since it went well last time and hoping it to go well this time too, since Script has shown Slightly Stronger Technical Pattern this time. (Rectangular Flag and Pole)
Technical Stock is showing Rectangular Flag and Pole breakout with increased Volume .
Fundamentally Script is trading around Fair to Slightly Higher Valuation but since we are in bull market we can expect Over valuation of low Debt companies too.
Previous View
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Please like Share and Comment if you like our work.
Please do your Risk and Portfolio Management Properly.
FLAG BREAKOUT IN MONTHKY TIME FRAME 28.06.2021BUY : 52 TO 48
TARGET : 80
Reason For Buying This Script :
After a long time this script has broken the downtrend flag & also has broken the box in weekly time frame . Now wait for retest moment at the range of 48 .
Note:
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST...
HFCL - Flag and Pole breakout
Entry - CMP (51.15) breakout was 47.3
Target1: 71.2
Stop Loss : 47.5 (Weekly Close). Deep SL 42.15
Will Update Trailing Stop loss whenever required.
Duration : 1-2 months
Technical trade Stock is showing Flag and Pole breakout with increased Volume.
Fundamentally Script is trading around Fair Valuation but since we are in bull market we can expect over valuation of low Debt companies too.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Please like Share and Comment if you like our work.
High Probability Break Out - ASHAPURMINThe stock is currently trending in a flag pole pattern and looks to be a good break out candidate.
Results are expected tomorrow and are expected to be good.
Other Supporting Technicals:
RSI - 64 (bullish but not overbought)
ADX - 26 (suggesting strong trend)
MACD is above its center and signal Line, this is a bullish indicator.
TATA POWER #StockMarket #StockToWatch {POSITIONAL LONG BET}TATA POWER AFTER BO >>WENT ROCKET
NOW SOME CORRECTION OBSERVED AND RETRACING...
TATA POWER NOW IN FLAG PATTERN....WILL BE GOOD ENTRY WHEN FLAG PATTERN BREAK AND SUSTAIN ABOVE
ABOVE 127 LEVELS GOOD ENTRY WITH SL OF 120..
TARGET WILL BE ATH, WITH TSL
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THIS IS POSITIONAL LONG VIEW
STRICT SL TO BE MAINTAINED
DONT PUT ALL STACK IN ONE STOCK
PORTFOLIO ALLOCATION IS IMPORTANT
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Nifty View 16 Jun 2021Nifty was range bound today (15 Jun 2021)
Breakout above 15900 may give 50-100 points above slow and steadily.
but if breaks down below 15825 filling the gap, then pitch is ready, playground is open for bears as Nifty is moving in channel
and is at the upper end of the channel, ready to move down.
Happy Trading !!!
USDINR DOW theory Flag BOEverything explained in chart...
Sold Put options of lower strikes and next expiry...
Disclaimer : This is a trading idea for learning. No trading call. Keep your stop losses and risks within your limits.