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Pennystocks

HOW TO TRADE TRAINGLE PATTERNHello guys! This analysis is for learning how to trade TRAINGLE pattern breakout. I've taken DIGISPICE TECHNOLOGIES for an example. Stock is in consolidation for 8 months. It is respecting both the trend lines as dinamic support(below) and resistance (above). When this type of pattern forms stock gradually trades in a narrow range near the breakout and can give breakout either sides with a big candle and huge volume. 👉Qn.- Which side the stock will go? Ans - Since the stock is trading above the 200 ma( orange line) so we can consider the stock in an uptrend. So there is a high probability that, it'll break the upper trendline. So we can take a chance with proper POSITION SIZING & RISK MANAGEMENT ( Read the full article below) at breakout. 👉 What should be the SL? ANS- In this case we can consider the SL below the lower trendline or below the recent HL (higher low) of the trend. 👉Qn- What should be the target? Ans- The 1st target should be the next resistance. Which is about 70%. RR (risk reward) will be 2.5. 👉 2nd Target will be the next resistance (117) if it successfully breaks the 1st resistance. Here the profit % = 140% aprox & the RR is about 5, which is great. I hope you've learned something from my analysis. Like & Do comment i need any assistance. 👉This trade is only for educational purpose and not my recommendation.
NSE:DIGISPICE
by Cruoso4u
1
JAYANT AGRO ORGANICS LTD (Buy)NSE:JAYAGROGN The analysis is simple 25 ema crossing 50 ema ( faster ema is crossing slower ema from below ) which is a long signal is mixed with some more technical analysis as you can see in the chart. The stock has given a good breakout and retraced just like the textbook picture. Invest only if breaks the resistance and shows good price action (HL and HH), always trade with good RRR (risk to reward ratio) Note: I'm not SEBI registered person, it's just for educational purposes. Do your analysis before investing.
NSE:JAYAGROGNLong
by rajeevpatil
HCC: TRAILING SL HIT AT 40%Hello Traders! This is another follow up trade for HCC which was published on 9 Dec. As per my analysis the TSL hit on Friday. Achived 40% in 1.5 months. Not bad! RR captured is 2.28. That is more than 2 times of the risk taken. Trade closed. Sometimes the target may not hit. We have to act according to the price behaviour. From here price may consolidate for 1-2 months and then again it may go up and hit the target. But in swing trading time is more important than the target. As we all know 'TIME=MONEY'. We can invest that money in another stock which have higher probability and save the time as well. You can consider this too as a part of risk management and this is how profits can be booked with confidence without having emotional. This is how emotion is dominated by technique and discipline. I hope this gave you a good insight of 'how to take discussions keeping aside your emotions. 👉Press the like button if you learn something from my analysis and feel free to comment below.
NSE:HCC
by Cruoso4u
1
ARVEELAB: TRENDLINE BREAKOUT;TARGET 30Helo Traders! This is a forecasting for Arvee Laboratory. Entry is confirmed in this Stock as price has given trendline breakout with huge amount of volume. 2 target zones are mentioned in the chart. We can book some profits at 1st target and can trail it to the 2nd then. Details are mentioned in the chart clearly. Disclaimer : This is not any trading recommendation, this analysis is only for sharing ideas and learning purpose. I'll not be responsible for anyone's loss or profit. Thank you!
NSE:ARVEELong
by Cruoso4u
3