Idea is Simple Invest in stocks which Breakout with Volume.
This Trade Idea is for people who like Speed ; Expecting Explosive Moves in the Coming in the Stock
Safe Players can Book Profit at anywhere between 5% - 15%
Rule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
NSE:ASHIANA Highest weekly volumes combined with price momentum. Can wait for retesting or for fresh breakout i.e ATH.
Risk factor - stock already moved 42% in last 3 weeks
Can Expect some cool off or sideways movement
🚫 Not a Registered Advisor: We are not registered investment advisors, brokers, or dealers. Our insights are based on personal experiences...
#ASHIANA trading above Resistance of 327
Next Resistance is at 506
Support is at 245
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#ASHIANA trading above Resistance of 265
Next Resistance is at 327
Support is at 217
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Scrip has given 9 year OLD break out. it has potential of 80% return. it may be multi bagger in long term.
DISCLAIMER:
The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
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...
1.Price is consolidating for few weeks.
2.RSI is around 60.
3.Breakout level is marked in chart with targets expected.(Chart self explainatory)
TRADE AT YOUR OWN RISK
Long Ashiana above 210 for the next target of Rs 230-235 with a small SL of 204. The stock has a breakout from the minor resistance area. On the daily chart, the stock has seen failed to break out. But the volume is too high & 50 EMA support has been taken by the stock. this is for your educational purpose only.
BUY - ASHIANA HOUSING LTD
CMP - Rs. 208
Target - 1: Rs. 248
Target - 2: Rs. 319
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Timeframe - 4-8 months
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Technicals - Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Follow me for more!
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...
The price has given a symmetrical triangle breakout and positively retested that level.
Short term target will be 15% with stop loss of 5%
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
ASHIANA:- Cup and handle pattern has formed, wait for breakout, till then keep an eye on 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 and follow :)
check my other ideas to get to know...
Ashiana's core business model is to buy land and turn it into a residential building and sell it. Inventories should be liquidated in a 5-7 year timeframe. Management targets projects with gross margins over 30%.
Long as per Chart, all levels are well marked.
Price was moving in downward parallel channel and now it is about to give breakout. However there are multiple resistances in upward journey.
30% allocation after breaking each resistance shall be good idea.
One should have great patience to achieve those targets
** for educational purpose only**
