HINDPETRO | Getting ready for another 40-45% move CMP : 345 (Dip : 330) SL : 290 Target : 445, 490 Almost 1:4 risk reward setup for 1st target. Take a look at our previous trades in HINDPETRO (Link attached in related idea's)
DeepakFERT breakout from a box pattern. swing traders can plan this trade with SL below the range.
JUSTDIAL is stuck in a very narrow range, between 983 and 945. Generally when price moves out of the range, on which ever side it does, it travels further in that direction for about the width of the range. One can go long or short keeping the following levels in mind: LONG ABOVE: 983 STOP LOSS: 945 TARGET: 1021 SHORT BELOW: 945 STOP LOSS: 983 TARGET:...
RELIANCE BREAKOUT IN WEEKLY CHART -indicators are showing strength -rounding bottom breakout -upside potential is high -previous range from 1830-2370 -extended on the upside and based on fibonacci levels -target can be raised to 2700-2900 RELIANCE OCTOBER FUT/SEPT FUT BUY@2385-2390 STOP@2265 TARGET-1@2485 TARGET-2@2560 TARGET-3@2650 -target may be raised...
Analysis :- 1. 2007 old range break out on the monthly chart. 2. Monthly breakout is really strong. 3. Only things need to see the price action this whole month that it is sustainable or not. And then make Entry. 4. If it's in comes in old range then use buy om dip strategy. 5. Diploy not more than 3% to 5%.
Stock consolidating since a year. High volumes Lows are shifting higher. 3rd Kiss on the trend line. From Current level can be a good buy. Target 1 : 121-125 Target 2 : 142-145 Stop loss : 88-95 Good Risk to Reward More than 1. small resistance around 133 also Not recommendation/tip consult your advisor / do your own analysis
Simple 1.5 year old consolidation. Now stock has formed smaller range below the upper end of the range. Increased volume activity since few weeks. Longer the consolidation more powerful is the breakout.
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
SBIN is consolidating in a range from last 3-4 trading sessions ,psubanks sector is looking bullish can give a good breakout. Trade according to your analysis and risks.
CIPLA had formed what seems like a head and shoulders pattern, from which it broke down from on 27-07-21. After breaking down from the pattern and range it fell from around 945 level to the 875 level. Since then it has pulled back quite neatly to the bottom of the range and has then created a huge continuation bar to the downside with above average bearish...
TATACONSUMER can give a good breakout anyside. Trading in a range.
Range Breakout ;Took Fib 0.5 Support for sometime & Breakout....
Keep a Watch, It will break either side of the market...
Simple consolidation breakout. 4 year old consolidation. Higher low on Large time frame. Check Chart below.
Wait for range break. Expect 3 to 4 % intraday move after the range break. 6 inside bars with dry volumes. Narrow range movement. Good intraday possible.
Bank Nifty needs to give breakout from the range, then it's ready for Next Move Flag And Pole Breakout Needed.
Simple consolidation Interesting thing is stock is entering into expansion mode. Look at the size of candles in black box & compare it with the previous sizes of candles. Size is getting bigger & bigger. Volume activity also favorable Expecting a breakout soon. SL at 190-195.
buy above 782 in Intraday. For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If...