Simple 13 year old consolidation with high volumes.
Stocks give multibagger returns after breakout of such long consolidation.
Longer the consolidation more powerful is the breakout.
Below is Weekly chart.
Perfect high volume breakout bar & Retest.
Never miss out on such setups!
1.5 month range formed. Yesterday tried to get out of it but failed. Still hovering at the higher end of the range.
Even can give good intraday day move.
Mother/master candle strategy on weekly.
Stock is consolidating in a narrow range.
All chemical stocks have moved, move is pending here.
Formed a morning star pattern on lower end of the range.
Volumes have picked up.
Higher High Higher Low formation visible on larger charts
All observations on charts.
Stock continuously making higher high higher lows. Good healthy uptrend preceding the consolidation.
Entry for safe traders as marked on chart.
Entry for aggressive/breakout traders till it sustains above dotted line at 3145.
Cup and handle is also forming. Check below.
Not good at...
Nifty is stuck in a range since 18 March 20.
On 8th March tried to break the range on upside but the attempt was rejected.
Within next 2 sessions Nifty touched the lower end.
Lower end is also the lower range of the gap that was created during the budget move
After 12th March Nifty took support on lower end. of the range. If you observe it took 3 sessions to...
SHORT@6010-20
STOP@6215
TARGET-1@5800
TARGET-2@5700
TARGET-3@5600
QTY=125/250
-2 MONTH RANGE BREAK ON 1 HR CHART CONFIRMED
-650 RANGE POINTS
-TO BE TAKEN FOR POSITIONAL TRADE
-ONE CAN OPT FOR OPTION
5800 PUT OPTION TRADE
BUY@150-160
STOP@90
TARGET@250
QTY=250
FUTURES TRADE IN BPCL JUL FUT
BUY@392.8
STOP@384.95
TARGET@402.8
LOT=1800
QTY=2
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!
BREAKOUT TRADE IN HDFC
HDFC NEEDS A BREAK ABOVE 1839
ON HOURLY OR 30-MIN CHART
LOWER RANGE IS PLACED AT 1780
UPPER RANGE IS PLACED AT 1839
I AM LOOKING A FOR A FAST MOMENTUM BREAK TO 1870
WAIT FOR CONFIRMATION
PRICE SHOULD CLOSE ABOVE 1839
TO GO LONG
TRADE
BUY@1840
STOP@1818
TARGET@1865-1870
POSITIONAL TRADE IN INDIAN BANK
WEEKLY RANGE BREAKOUT LIKELY
CLOSE ABOVE 274 WILL ASSURE US 0F 200-DMA BREAK
APRIL FUT
BUY@274
STOP@262
TARGET@294
LOT:2000
QTY:3
2-TO-3 WEEKS OF TIME FRAME
SWING TRADE IN BRITANNIA
MARCH FUT
BREAKING OUT OF CONSOLIDATION RANGE
MOVING AVERAGE SUPPORT AT NEAR LEVELS
BUY@3090
STOP@3060
TARGET@3150
LOT:200
QTY:2
