Consolidation near breakout level worth to keep in watchlist ->Volume is less ->Volume in any direction decide trend ->Expecting up side volume increases
TCI:- CMP 280 (BUY ON DIP 285 TO 260) FOR TARGET 330/350 SL 230 DCB 1) Multiyear Cluster Breakout :) 2) Huge Volume Buildup
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
buy above 270 keep Sl below 265 for swing keep Sl around 255 NOTE: For Gapup or breakout before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle (whenever through out the day) and revised SL below candle Low.
Squeezing and ready to go. Use a BB to trade as it can trade to one volatility extreme and then shoot up. I am waiting for a trigger before taking position.