Descending Triangle pattern breakout in EQUITASBNKEQUITAS SMALL FINANCE BANK LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Descending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 124+.
✅Can Go Long in this Stock by placing a stop loss below 89-.
Stocktrend
Stock Operating An Epic Example, Oberoi Realty -20% in a Month. 4/1/2024:- Open 1460... Beginning of the Month Pumped 6% Sold High Premium Puts Strike Range 1460 to 1585.
4/1/2024 to 20/1/2024:- Stock Traded in Same Range. Pump and Dump Activity - Distribution at High Price. Operators minted in Put options.
15/1/2024:- Short Positioning Range in 6% form 1500-1585 All Time High.
20/1/2024:- Sold ITM Call approx. Strike Range 1585 to 1320. It was operators monthly expiry plan.
23/1/2024:- Stock 4% Gap-down and sold just another 4% to make sure nobody would dare to challenge short positions of the stock operators.
24/1/2024 to 25/1/2024:- Monthly Expiry Stock Being sold just another 7-8%
25th Jan. 2024:- Monthly Expiry End Game for the Strike 1300++ Call Buyers
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I Hope someone beginner an innocent retail stock option buyer will get an idea before entering into either long or short position in stock options or futures.
Disclaimer: This is for the educational purposes only. Analysis & View are personal. Trade at your own risk. We recommend consult your financial advisors and do your own analysis before taking any trade. Profit and Losses are subject to your own risk management and constantly changing market conditions.
Lovable Lingeri - A pattern to watch outThe charts of Lovable Lingeri has broken out of a rounding bottom pattern along with swing high of mutli-year with stock gaining momentum can test 198 - 235.
Thus, it is advisable to accumulate the stock around 140-146 with stop of 128 below on closing basis for targets of 198-235