Buy Today, Sell Tomorrow: MONTECARLODON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
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 the rest of the time they either consolidate or fall
Trendline Breakout in MONTECARLO
Buy Today, Sell Tomorrow: MONTECARLO
Trade ideas
#MonteCarlo price action suggesting a trend towards new highs#MonteCarlo shares breached the resistance of 740 last month with higher volumes.
Then after retracing it tested 740 as resistance and now moving upwards. I expect a new life time high above 830 in coming weeks
#TradingIdeas #trading #investing #stockmarket #stockstobuy
MONTECARLO - Ichimoku Bullish Breakout Stock Name - MONTE CARLO FASHION
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP
and more bullishness will be visible after it cross 820
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Target 2 achieved in Monte Carlo. Gain of 30% Target 3 is ON..NSE:MONTECARLO
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 only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
8 Years Breakout in MONTECARLO 8 Years #Multiyear #Breakout in #MONTECARLO (Monte Carlo Fashions Ltd). #MONTECARLO is #Outperformed #Nifty in current scenario.
In the context of technical analysis, a channel occurs when the price of an asset is moving between two parallel trendlines. The upper trendline connects the swing highs in price, while the lower trendline connects the swing lows. The channel can slant upward, downward, or sideways on the chart.
Types of Channels
A channel consists of at least four contact points because we need at least two lows to connect to each other and two highs to connect to each other. Generally speaking, there are three types:-
1. Channels that are angled up are called ascending channels.
2.Channels that are angled down are descending channels. Ascending and descending channels are also called trend channels because the price is moving more dominantly in one direction.
3.Channels in which the trendlines are horizontal are called horizontal channels, trading ranges, or rectangles.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
MONTECARLO - Ichimoku Bullish BreakoutStock Name - Monte Carlo Fashions Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness and
can touch at 730
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Target 1 achieved in MONTECARLO, Gain of 12%, Target 2 is ON..NSE:MONTECARLO
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 only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Can give more upmove from hereThe stock has made a double bottom pattern and given a trend line breakout with volume.
Buy abve 624 level for another 3-5% upmove.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Monte Carlo Fashions-Multi year breakout🔹Entry possible above breakout range(670-75).
sl up to you
🔹Company is expected to give good quarter
🔹Company has been maintaining a healthy dividend payout of 21.14%
🔹Technically looks good(Multiyear breakout)
🔹big hands entered recently
study then invest🤍
Thanku
RetracedBreakout with good volume. Retracing with shrinking volume.
Broke ATH.
SL- 650
Entry- CMP
🔰
➼I do only Swing trade
➼I Trade only when RR is in my favour
➼Please correct if I am wrong
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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