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 and...
We are witnessing a remarkable opportunity as GEECEE VENTURE makes an all-time high breakout. The price structure leading up to this breakout is quite compelling, adding to the appeal. However, it's crucial to exercise caution to avoid getting caught up in a potential fakeout.
Here are our criteria and steps for this trade:
Confirmation Close: We need...
After breaking the resistance (147-174) the stock seems now sustaining above it. It attempted several times in the past.
Volume contraction too was seen and now we can see decent volumes coming up past few weeks.
Now 184-194 levels shall act as a support and weekly close with follow up shall invalidate our view.
289 - 356 are the levels it can test over the...
As on 18.12.2023, GEECEE is above 20 EMA on daily, weekly and monthly charts. Monthly RSI is 71, and weekly RSI is 66. If it closes (monthly) above 225 with good volumes, it will give good returns within short term.
1. Came back to the same resistance the third time.
2. Time span reduced this time to reach this level.
3. Volume activity increased from 2022.
4. Trading near ATH.
TECHNICAL VIEW ON GEECEE VENTURES
"GEECEE's chart is displaying a promising cup and handle pattern, with a breakout expected above the 210 level. The potential price targets are 280, 350, and 400, with a recommended stop-loss at 270."
Strengths
Company is virtually debt free.
Company has a healthy Interest coverage ratio of 59.75.
The Company has been...
#geecee #swingtrade #vcpbreakout #cupandhandle #momentumtrade
GEECEE Ventures :
>> Breakout done, retest happening
>> VCP / Cup & Handle breakout
>> Good Strength & Decent Volume
>> Low Risk & High Reward Trade
Swing Traders can lock 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur...
The stock is making a cup and handle pattern and looks good above 194 level for positional target of 218.5 (ATH).
If it opens gap up then either wait for retracement or enter after first 5 minute candle close.
It's a cash stock so take less qty or as per your risk management system.
Learn & Earn,
Dr. Tanya Kumar
