Reasons for taking this trade:-
1) inverted head and shoulder breakout
2)200 ema breakout
3) 1day timeframe bear trap
4) High volumes
wait for retest
enter on 30min bullish candle
target - 130 and 137
follow risk management
This idea is a follow-up to Wonderla
You can check the Link to Related Ideas ( Detailed analysis done in 4th Aug Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
This idea is a follow-up to Mindtree
You can check the Link to Related Ideas.
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor
Stock name : GREAVES COTTON
Time frame : 1 DAY
Wait for proper breakout and retest for entry.
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stop loss and target levels are mentioned in the chart . sl is on eod closing basis . follow position sizing and proper risk management .
a good flag and pole breakout happening in suppetro . but more important than any chart pattern u can see that this stock is continuously following 50 ema from 2020 lows and has rallied to these levels by taking support...
3MINDIA is now at the urge of retesting the recent breakout from symmetrical triangle pattern at weekly timeframe
1.) Frist retest point is near 200MA
2.) Supported by RSI
3.) Volume expansion
Execute the trade onle if you see some good sign of bullishness at time of retesting
TARGETS ARE ALREADY MENTIONED IN THE CHART
KEEP STOPLOSS ACCORDING TO RISKPROFILE...
TATAPOWER gave decent rounding bottom Breakout with Supporting Volumes
Looks good above 65.50 levels , can be added more on dips
View negates below 59 levels
