Bought NSE:MAPMYINDIA on a breakout but the closing of the candle was weak representing supply. The stock later plummeted and formed a wide range bearish candle so I had to trim some positions. If the stock sets up again, I will increase my exposure. My SL remains at the bottom of the consolidation zone.✅
This post is for my personal use. i will enter in the stock after trendline breakout or above 154. With stop loss 142.9 Note : only for learning, not a trading recommendation. i am posting as a trading journal before and after breakout.
On a monthly timeframe it's a multiyear breakout. On a weekly timeframe from May2023 it was struggling to sustain above the 147.10 levels. This week though it has managed to sustain above and also closed above its crucial resistance of 178. Now 138-162.50 levels (also swing low) shall act as a support for further move upwards. So this should be an ideal...
Falling Trendline breakout is developing on weekly chart of NSE:KCP One lookinto it to buy the scrip at cmp with a stop loss of 100 for the targets of 122, 133, 144 respectively. The stock has given the golden crossover(Bullish Signal) and 5wema is above 44wema. Exit the position if the stop loss triggered on Weekly closing basis. DO YOU WANT ALL MY RESEARCH...
Ircon chart is bullish and ready to move towards 174/175 kindly watch closely
After forming a base of 15 months and breaking out of it it went into consolidating another 5 weeks in a 16% range showing strength by sustaining above the previous ATH levels and then breaking out this week with super volumes. It is sailing above all its key moving averages. Trend based fib levels 105 - 127 - 155. View stand invalid if price close below...
1. Trend bullish 2. Price trading at support 3. SL wait for 2 weeks closing below the 507 levels 4. RR lucrative from 1:8 to 1:22+
1. Breakout - Confirmed 2. Base building with rounding pattern 3. Pattern - Rounding pattern 4. Trend - bullish
Based on the chart, RELIANCE INOS is in a bearish trend. The price has been falling for a while, and it is now at a support level of 2313.95. If the price breaks below this level, it is likely to continue falling. However, if the price can hold above this level, there is a chance that it could rebound. Here are some of the key observations from the chart: The...
I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
Chairman of the US Federal Reserve (Fed) Jerome Powell said that inflation has cooled down, but the agency is still determined to bring back the 2% target. In a speech on October 19 in New York, Jerome Powell admitted that tightening policies had brought inflation back under control, but emphasized that the Fed still needed to be cautious in pursuing its...
I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
After forming an uptrend pattern it has given a pullback to form a new higher low of the uptrend and after the pullback it has given a good breakout indicating that this stock is ready for a bullish move.
Detailed View about this Breakout: No.of Resistance: 5 No.of Support: 5 Consolidation Days: 600+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
COLPAL is almost debt free and its net income is also very good. So, fundamentally this stock is very good and technically it is forming an uptrend pattern and it has also gicen a breakout after giving a pullback. So, overall it's a very good stock to consider. Do your own research before investing...
RBL bank chasing 2 year trendline. green line became long term support these stock on monthly chart basis.if price crossed and close above red line on monthly basis then their will be uptrend in stock... Target 1:230 rs target 2:250 rs views are personal....we are not sebi registred...
1. Trend - Turning bullish 2. Base Building- 15 months consolidation 3. Breakout - Yet to confirm 4. Pattern- Rounding pattern - Multiple formations 5. RR - Lucrative with very good RR
1. Market Trend - Bullish 2. Stock - Under consolidation 3. Price Trading at support 4. Risk is small & reward is way to good 5. Trade set up - Buy at support and sell or book at resistance 6. Every resistance, is your partial profit booking area or bringing SL at Break even