ON Major Swing Previous Swinglow SL wa taken.
Stock has made consecutive Higher high and Higher Lows.
Currently in Insidebar / Rangebound and ready to give a Breakout.
Maintain SL / RR for a better targets.
Dear Traders.
Please refer to chart. where i can see price break out in this stock.
we can see good upside in this stock and see levels of 800, 850+
in short term.
down side levels - below 700
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Long stock above the BO of resistance level as well as support of 50 EMA level @665 for the target price of 730. SL below the BO candle. This is for your education purpose only.
GUJALKALI:- Head and shoulder has formed wait for the breakout till then keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know...
A bullish reversal pattern has developed over the past week on GUJALKALI at the demand line. It is clear that the selling volume has been exhausted and the bullish volume is rising. The area where the stock is currently struggling has previously served as a support / resistance zone and has been tested numerous times.
At the current price, we can plan a buy trade...
CMP: 910
-Retraced to 61% Fibo level from its recent low in June.
- Sustaining above the same level
- A quick move may come above 930
- The next level to watch is 970
GUJARAT ALKALIES
Stock recently give Darvas Box breakout & after testing its recent high now retracing
Buy near 950-955
SL 880
Positional targets 1100/1150/1200
PARTIALLY PROFIT BOOKING STARTS FROM 1000
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
Gujarat Alkalies seen good volume activity and
breakout with volume from cup and handle pattern after 4 years
sustaining above 800 level will move towards 1200---1400 levels in short term
views are educational
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
This is follow-up on Gujarat Alkalies & Chemicals. Can check link to related ideas.
Target 1 achieved. Gain of more than 18%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a....
