JSW INFRA : Breakout or VCP formation#JSWINFRA #breakoutsoon #Vcppattern #swingtrade
JSWINFRA : Breakout or VCP Formation - there are 2 scenarios
Breakout Scenario :
>> Enter with 30% of position Sizing now
>> If Breakout happens u wont be in FOMO
>> If Breakout Sustains u can add more win Retest or Retracement
>> Swing Traders can look to book close to 10 % profits
VCP Formation :
>> Enter 30% position sizing now
>> If it starts falling, Its a Confirmation of VCP formation
>> Start Accumulatig during the Downpart of VCP
>> when VCP upside Starts it can Give Good Spike
>> In Case of VCP Breakout, Swing Traders can Look to target min 10-15% profits.
I want you all to Observe this stock setup and see what scenario plays out.
If u Like the Setup & analysis, Pls give us a Boost, Comment & Follow us
Disc : Charts Shared are for Educational purpose, so that u can Learn how to analyse Stocks and How u can plan ur Entries etc. Do not take position in it unless u consult ur Financial advisor also do ur own analysis
Tradeplaning
Why I taken TATAPOWER for Intraday Why I taken TATAPOWER (- 6.73 %) for Intraday Trade (250PE)?
1. MA200 Hate candles & Descending CPR
2. MA 20, 50 crossovers & Falling Railway Track Pattern
3. Previous day low & S1 level broken
Banknifty loss of momentum ? Tradeplan 18th Dec 2020First step of a successful trader is building a Trade plan & review what he has done.
This Channel is my Journey in Stock market as a Trader.
This is my Trade Journal for Nifty & Bank Nifty . Only for education purpose for all.
Here, I will disclosed my Trade plan for trading day & review them, share my learnings.
with hope that this will add value to your trade setup and trading strategy.
Nifty : Trend is up Buy on Dip : 13715,13687 tgt :13795/13828 (see video for details )
Bank Nifty : Trend is up Buy on dip : 30759 -30654 Tgt : 30939/31034 ( see video for details )
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trades.
How to plan and manage trades?These are the factors that I personally take into consideration before placing a trade. These are personal views and every trader trades differently and considers different factors while planning their trades.
Always follow proper money management and trade with discipline. It is important to have a clear head while trading to avoid making mistakes that you will later regret (speaking from personal experience).
Hope you found this helpful :)
Enjoy the process.
