HUGE
TARC BREAKOUT with VOLUMETark has given a breakout with huge volume.
Entry: 48.5
SL: 45
Target: 54.5 or 55
Though perfect stop loss will be below the breakout candle, I won't recommend such a vast stop loss.
This is a small-cap stock. Enter with risk. Make sure you put stop loss.
Happy trading.
I am not sebi registered. Take your own trade.
SHAKTIPUMP to revers it's downtrend from strong weekly support.SHAKTIPUMP is has been in a downtrend for a long time. Now it has formed double bottom pattern on its strong weekly horizontal line support. Also is forming a bullish hammer candlestick pattern on weekly support line. This suggest that there is a strong demand for this share around this level. The stock has closed above the neckline of double bottom in hourly chart in the back of huge volume. It clearly shows strong buying interest. Swing traders keep this stock on radar and look to enter in dips. Swing traders may book their profit around downward sloping trendline. If it breaks that line then the stock will surely touch new highs in coming future.
In the next few days, That one guy will manage your portfolio.A day to remember with a 500 point gap down and VIX on the peak. A bloodbath on expiry day The nifty opened near 16500. On the downside, we know 16850 bounced back multiple times. Think about the option seller who entered into a safe position even below that. such a massive premium spike. A day to remember with a 500 point gap down and VIX on the peak. A bloodbath on expiry day The nifty opened near 16500. On the downside, we know 16850 bounced back multiple times. Think about the option seller who entered into a safe position even below that. such a massive premium spike.
The nifty is nearly 5% down. While looking at the portfolio, it hurt, but it ended this week and this month on a high. Today's profit was nearly 1%, and this week's ending at nearly 1.5%. I am carrying over my position from Friday. I already booked profit on those positions, and on Tuesday I have 17550CE and 15850PE. But my PE fully melted on Wednesday. I was concerned about my CE 17550 because of the gap up opening and initial 5 minute candle movement. I closed all my positions and booked some losses in CE 17550 at that time. i did not enter in to new position because i was sitting on nearly 0.8% profit Then the Vix fell, the premium melted too fast, and it was a consolidation day. My plan was to take another 0.8+ profit the next day. So I did not enter into any position. Luckily, the trading plan saved me otherwise, I might have ended with a huge loss today. At the initial time, there was a huge premium spike. I entered in at 16000 PE and 16900 CE. It gave a good profit for the day. I left before 2PM. In the coming days, I am looking at the downside of 16170–15950, which is above 16700. Let's see how it's going to end. I hope everyone had a good day.
#CUPID .. Is a huge move coming?Stock was trading in a Symmetrical Triangle and had price move today which will likely close with a gap today..
As there are buying volumes with the gap it can be a breakaway if price sustains..
Now the second move should be to close above 260 with volumes and retesting of the support.. Then it can be a BO opportunity to go long for targets of 300, 350+ .. Otherwise price will retrace back maybe to 210-220 levels (will buy at this level for long term)
Full disclaimer: I already own a position in this stock as it was a value investing pick for me.. I bought at around 200-210 levels and keeping it as a long term pick...
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