FSL : CHANNEL BREAKOUT||LONG CONSOLIDATIONMy swing trading rules
1. Analysis of only F&O stocks . (200stocks daily).
2. Finding an opportunity by technical analysis.
3. Stock price must be above 50/200 Ema crossover .
Stockstobuy
EPL Ltd Analysis Stock is near to BO zone after long side ways sessions on weekly and daily chart with good volume build up, follow chart for proper entry and exit levels.
Welspun Corp Analysis Stock has given BO with good volume build up on daily chart making round bottom pattern, follow chart for proper support and resistance levels.
INDIACEMENT daily looking bullishINDIACEMENT Daily has trendline breakout. Inverted head and shoulder breakout. Good to buy at 208 for targets of 241 and 282 with sl below 193
NRB Bearing Daily looking bullishNRB Bearing Daily has trendline breakout with 200 ema support on daily candle. Good to buy at retracement near 163 for target of 186 with sl below 153
Indo Count Industries Analysis Stock has given BO on daily & weekly TF with good volume build up, follow chart for proper support and resistance levels.
NRB Bearing Breakout Analysis Stock has given BO on daily and weekly TF with good volume spurts maintaining supportive trendline and also posted strong Qtrly results, follow chart for proper entry and exit levels.
How to trade false breakdown set up1. 1:10 RR trade
2. Extraordinary RR trade
3. False breakdown to remove weak hands
4. 1.5% SL we can wait for weekly closing below it for set up to fail, if price sustains above support, then reward is handsom, worth the risk
HDFC AMC Analysis Stock is near to BO zone and volume build up seen slowly - slowly, follow chart for proper support and resistance levels.
Repco Home Finance Analysis Good volume build up has been seen in the stock with maintaining supportive trendline on weekly TF, follow chart for proper entry and exit levels.
PTC India Analysis Stock has given huge BO with massive volume spike on daily chart, good for day trade.
Inox Wind Breakout Analysis Stock has given massive BO with huge volume spike forming round bottom pattern, follow chart for proper support and resistance levels.
PRAJ Industries Analysis Stock is on the half way of round bottom pattern, good volumes also seen, BO above marked level will open door for ATH targets.
DIXON TECHTIME FRAME:1 HOUR
I will wait for opening tomorrow If I see market will retest on the support on the chart will Enter for a SL of 20-30 points as per my setup. It will also be better to enter using smaller time frame on support if any pattern or Japanese bullish candlestick is represented. The more you buy on support the better it is to place SL as this game is all about probability so let us play it well.
Triangle pattern breakout 1. Stock price turning out with this breakout
2. Sep 2020 Gap has been filled
3. Breakout is decisive
4.1:4 RR trade set up
False breakdown set up1. Weak hands removed with false break down
2. Fresh breakout
3.1:10+ RR trade
4. Trend is bullish in all time frame
Fresh ATH breakout1. Freah ATH berakout
2. 5 months consolidation before breakout
3. 25% pull back, holding at upper levels.
4.Time wise correction
5.Simple breakout set up with very lucrative SL
Firstsouce Solutions - Broken the resistanceMore than 6 months consolidation has been broken and reached its 6 month high. Can move towards 140 levels in short term. Every dip is buying oppurtunity .
BLS International Analysis Stock earlier given BO as stated in previous analysis pinned this chart, and now after retesting again ready for BO on weekly TF as well as daily towards it's ATH target, a fine stock for good RR.
JM Financial Analysis Stock has given strong volume spike and near to short term BO zone, swing trade can be initiated as per chart.
#TATA POWER Analysis Stock is trading in a zone of 185-230 levels since long time, BO above 215 lead to 235 levels which is first hurdle, also stock is facing supply at 250 levels. However, a fine stock for investment portfolio.
Triangle Pattern trading set up 1. Low risk and very high reward
2. Patience will be tested to get such kind of targets
3.Follow SL on weekly closing basis, since its aggressive SL
4. 1:11.95 RR trade
Simple breakout trade set up1. Breakout with consolidation
2. 1:5 RR trade set up
3. Aggressive traders can keep a tight SL
4. Best part is price is in range of listing candle (Good base developed for upside move
