DAILY TECHNICAL ANALYSIS - TRIANGLE BREAKOUT + VOLUME BREAKOUTAJMERA REALTY (AJMERA) — DAILY TECHNICAL ANALYSIS
📅 Date: June 7, 2025
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🔹 Price Action Summary:
• Closed @ 916.35, up 7.61% from the previous close
• Price surged to an intraday high of 924 — closing near the top of the day
• Strong breakout move backed by rising volumes
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🔹 Chart Pattern:
• Triangle Breakout + Rising Window — bullish confirmation of trend continuation
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🔹 Why Watch This? – Technical Indicators:
Multiple bullish signals aligning for a potential momentum trade:
✅ Volume Breakout
✅ Buy Today, Sell Tomorrow Setup
✅ RSI Breakout
✅ Bollinger Band Breakout
✅ Bullish SuperTrend
✅ TTM Squeeze – Breakout Likely to Unfold
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🔹 Support & Resistance Levels:
• Resistance:
- R1: 937
- R2: 957
- R3: 989
• Support:
- S1: 883
- S2: 851
- S3: 831
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🔹 STWP TRADE ALERT:
• Long Entry Idea: 924
• Stop Loss (DCB): 869.35
• Swing Stop Loss: 809.4
• Reward Ratios: 1:1 | 1:2 | 🔼 Trail if price sustains above breakout zone
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🔹 Watchlist Grade:
🔥🔥🔥 (Strong Breakout Candidate)
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🔹 Strategy Note:
• Triangle breakout with volume spike = high conviction move
• BTST and short-term swing traders can keep this on radar
• Sustained move above 924 may attract fresh momentum buying
• Pullback near 900–905 could offer a second entry with better R:R
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⚠️ Risk Management Tip:
• Don't enter breakouts without a plan — define your entry, SL, and exit
• Use tighter SL when chasing momentum
• Avoid overexposure — trade size based on risk appetite
• Always prioritize capital protection over profits
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📢 Disclaimer
This content is for educational and informational purposes only.
It is not investment advice or a stock tip.
Stock trading carries financial risk.
Always consult a SEBI-registered advisor before acting on market analysis.
The author is not SEBI-registered and cannot be held liable for any losses.
Practice disciplined trading and do your own research.
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👇 What’s Your View? – Drop your view or chart in the comments:
• Tracking AJMERA post breakout?
• Will the move sustain above 924 or face resistance?
• What’s your trade plan ahead?
💡Always open to insights from fellow traders!
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🧠 Trade with Patience. Trade with Confidence.
🔔 Follow @simpletradewithpatience for more breakout-ready ideas
