Markminvervini
Why Pick Stocks in an Uptrend ? Here I show why I bought some #ROSSELLIND. The stock has been in an uptrend with heavy volumes supporting it. The stock was taking a breather before continuing it's ascent. I found a low risk point to get the entry and the stock immediately shot up.
#ROSSELLIND #MARKMINERVINI #LOWRISK #VOLATILITYCONTRACTION #VCP #INDIA #
TCI getting ready for a new journeyafter providing multibagger return in the past TCI is getting ready to a new journey.
i usually buy a share before the breakout and this just fits perfectly on that setup.
Target-1 Near | +75% Gain on DipBuy in 30 days | Coffee DayFirst, allow me to beat my trumpet, please.
Here's a reminder of the Trade Plan given on 12th Dec 2021
(See my trade idea on TradingView titled:
"Coffee Day opens up 2 wild targets that can help swing traders profit up to 300%?"
Trade Plan
- Entry: Test Entry on market open.
- Add on pullbacks at 44.15, or worst case up to 40.20
- Initial Stop Loss (ISL): Below 38.80
Potential targets for the upcoming first half of 2022 are;
Tgt 1 = 76.80 (+55%)
Tgt 2 = 89.55 (+80%)
Tgt 3 = 99.45 (+100%)
What's happened so far.
Test entry taken at 53.20, then added on dip at 49.60 on 13th Dec
Waited as per plan added furthur on dip at 41.30 on 20th Dec
Fingers, hands all crossed, since then.
Thankfully ISL kept at structure was perfect.
Based upon add levels currently stock has returned +75% on the least risk position. ( Which is still open since )
Average return on the stock holding currently = 34.97% (100% buys still open)
Can you see the pattern?
How many similarities can you spot with my studies shared on Dwarkesh Sugar?
What have you learned from these studies and updates, and how will you apply and gain from it?
Thank you for checking out my content. Hope you liked It.
👇👇 Check my idea snapshot image dated : 14th Nov 2021
See below Related Idea:
Coffee Day opens up 2 wild targets that can help swing traders profit up to 300%?
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COMMENT below your views and suggestions !!!
RAMKY showing potential VCP characteristicsRAMKY providing potential VCP setup with proper tight buy point.
HEG VCP Trade. Pivot currently in progress.Disclaimer: This analysis is posted as my online journal for educational purposes only. This is not a buy call.
As you can see in HEG's chart above, it has risen 291% in 22 weeks and it has now experienced 3 tight contractions C1, C2, C3, with the C4 currently being in progress.
The C2 contraction was half of first, but the C3 was 18.5%. The last contraction C4 now ( the week just started today) seems to be forming in a less than 10% range. (Hopefully this tight range is maintained for the running week.)
Another positive sign is that the pivot range is forming above the centre line of the first contraction.
Contraction's less than 10% in the final contraction means that the stocks supply in the market has diminished considerably and the daily volumes are confirming this with below average numbers.
Whenever a huge demand will occur, it's very likely that the price of HEG could explode.
Will HEG explode or turn out to be dud ?
Will it experience a shakeout of weak hands ?
What are your thoughts ?
Watch this space for updates.
Thank you for following my work. Please feel free to share your thoughts, critiques & suggestions.
Trade Wisely & Trade Well.
Disclaimer:
The content provided is my personal experience sharing through technical analysis studies.
The content can only be used for education purposes and is NOT a recommendation for buying or selling stock.
Please consult your financial advisor before making a decision.
Trade at Your Own Risk.
3M India: Nice Price ActionThe stock has displayed the tendency to congest or form a nice VCP pattern, as described by Mark Minervini. Another such pattern is in progress now. A breakout above the green line in the chart will be a sign of strength and would have me interested in buying this stock.
