stock given trendline breakout on weekly and daily chart with good volumes
also breaks 50 & 200 DMA
Company is almost debt free & maintaining a healthy dividend payout of 20.8%
Alkyl Amines is a leading manufacturer of aliphatic amines in India. Aliphatic amines are products derived from Ammonia (NH3) by displacement of H2 in the Ammonia molecule by other...
ALKYL AMINES CHART STUDY
Hello traders!
Key points: Weekly chart study
🎯The Falling Wedge pattern is complete and the price is ready to move up
🎯It appears that a double bottom has formed and the stock has made a lower low and now the price is ready to move higher.
🎯The price seems to be getting support on the weekly chart.
🎯A double bullish divergence...
In the Weekly Chart of RAJESHEXPO ,
we can see that, will there be a W pattern breakout and stock will move up
OR
selling will still continue.
Possible momentums are shown in chart.
Hi All, opportunity to enter long for short term on breakout from flag pattern.
The key points for this trade idea are:
1. Strong demand zone: The price has reached a level where there is more buying pressure than selling pressure, creating a strong support for the upward trend. This can be seen by the large bullish candles that form the flag pole.
2. Good...
In the Weekly Chart of ALKYLAMINE ,
we can see that; Decision making Candle is formed.
Enter on breaking its HIGH with LOW as SL.
This can be a Buy at Bottom Opportunity.
ALKYLAMINE:- The stock was moving in a parallel channel, has given a breakout of the parallel channel taking support at 2451 level, watch the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share...
go long for swing trade in alkylamine.
forming cup and handle in daily time frame.
buy price : near 2640
target 1 : 2850
target 2 : 3000
only for education purpose. swing trading
Solid Breakout with Huge volumes
Almost 1.9 year old Trendline breakout
Good for Short term
Buy above 2619
Targets: 2661/2707/2729
SL: 2530
Disclaimer: Im not SEBI registered, Contact financial advisor before any investment.
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
