I just love this type of chart structure. when price consolidate a tight range and break the boundary . As per thumb rule maximum time price break the boundary in the trend direction .
07 Months long consolidations #Breakout . Our work is manage our quantity and risk .
Key highlights: 1. Bounced off the weekly demand zone 2. Forming a Bullish market structure 3. Continuous support from 200 MA 4. Volume is picking up 5. Moving in a symmetrical triangle Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh...
Key highlights: 1. Bounced off the weekly demand zone 2. Forming a Bullish market structure 3. Support from 200 MA 4. Good volume expansion 5. Testing the trendline for the 4th time. It may give a breakout this time. 6. Flip level @1246. Expect a good move if it closes above 1246. Disclaimer: This is NOT investment advice. This post is meant for learning...
TATA Steel Positional Analysis - Daily Chart CMP 1194 buy for target 1250-1267-1320-1360-1400-1480-1550+ time duration 4-6 months SL below 1100
Price trading near its important fibo level 4.236 . This quarter results decide the direction of IT Sector .
When price break any well defined boundary without any consolidations then high chance price may be consolidate time or price .
#UFO Looks like a great stock to add in every decline. A 2X or mabe a 3X from here. Views negated below 88 WCB. CMP 103.70
When price break any well defined boundary above 200 Day Moving average with high Volume and sustain then high probability price continue the trend . Our work is only Manage Quantity and Risk . SL- as per your risk appetite ( Below today's candle low or below 200 DMA Closing)
RAMA Steel CMP 97.55 buy for Target109- 125- 140- 155 - 170- 192+ add more if get 75-85 rs range SL below 60 Holding Period 2-3 Years
After the long consolidations price the boundary and fundament looks good also . We will see new this stock if our market sentiment not turn to Negative .
OMC will start giving better results and margins. strong breakout will see 250++
Buy a Good Stock on a Bad Day. / Slowly add at every support level and build positions. (20%+20%+30%+30%) Scrip: TCS Enter: This is an investment idea for medium term to long term horizon. Slowly build positions in the support zones over a period. Support & Entry levels for building positions - 3720,3400, 3150, 2880 (in case market sell-offs happen) The stock...
When price consolidate near 200 Day Moving Average and break the upper boundary with high volume then high probability price continue the trend .
Rushil Decor Cmp - 361 Stop - 330 Expectation - T1 - 400 T2 - 440, Review at 440 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
NIFTY 50 EOD ANALYSIS 5-1-22 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17820.10 H 17944.70 L 17748.85 C 17925.25 EOD +120.00 points / +0.67% SGX Nifty 5-1-22 @...
Previous resistance becomes support now . You can place stop loss near -175.00 (Daily closing ) or modified as per your risk and always quantity under your control .
Larger the Consolidations Stronger the breakout and this stock belongs from high risk and reward category so managed your quantity and risk as per your risk taking capacity .