A simple trade | Good Risk to reward as well :) I hope this series helps people to trade alongside me in breakouts i see and read :)
Seems ok to trade on with 4% risk :)
The formation of the descending triangle and its break upside we can take a long position
Moving along with sector. SL: Depending on your risk appetite: Below Weekly Breakout Candle / 50% of weekly Breakout candle / Below Daily BO Candle. TGT: After a vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
BUY with a risk of 4% . rewards can be up to 12%
- Huge Breakout from a consolidated range and above high - Formation of a symmetric Triangle pattern breakout - Supported by Huge Volume expansion - 1020 can be a good entry level as we may get a pullback - Can be trailed as the company is financially stable
Filatex India if breaks out on 5/6th April, entry can be taken on 72~73, short term target 88. Long term analysis given in separate idea publish.
All details in the graph itself. Positional call
Traingle are continuation patterns, HUL has been in consolidation for 6months now. Go long above 2208 Target1 = 2500 Target2 = 2850 Stoploss: 2100.
Triangle Pattern breakout with high volumes. Estimated target is @400
Nice triangle pattern breakout. All the major 200ema has broken. Though, wait for a retracement to be sure of the move. A considerable Upmove in short term can be expected!
Traingle Breakout & Channel (maroon) Breakout however part of the bigger channel (orange) Self Explanatory after the breakout as indicated. Let's just watch which arrow path does it take for flying? Stop loss based on your risk appetite, but should be mandatory.
LICHSGFIN - ASCENDING TRIANGLE - BREAKOUT with Good Volume
NSE:RAYMOND Can consider Raymond Triangle Breakout for Swing trade with lower trend line as SL on closing basis. Try to take the trade once it retraces based on you RR. Can look for 902, 300 and 310 as reward. Let me know for any queries. Please like, share, follow for more updates.Thanks.
Take a trade after break out of trendline or breakdown below support with strict stoploss !! Please comment for any query. Thanks.
In this stock there is multiple factors like support resistance Breakout , triangle breakout , downtrend line Breakout
Price gently took support and resistance inside a triangle pattern and breaks the pattern yesterday and reached the resistance. If breaks this levels then it will reach a target of 340 - 350 levels. The best entry for this kind of trades are triangle support levels, sometimes the buyers after breakout exhaust and give up so that one who entered at breakout have...