Buy Today, Sell Tomorrow: OBEROIRLTYDON'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 OBEROIRLTY
Buy Today, Sell Tomorrow: OBEROIRLTY
OBEROIRLTY trade ideas
OBEROIRLTY - Ichimoku Bullish Breakout Stock Name - Oberoi Realty Limited
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 Current Market Price
and more bullishness AFTER crossing 1068
#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
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Keep Watch for swing tradeMorning star is formed but near resistance line. So trade will most probably come down.
If stock crosses the resistance line then wait till retest and then buy.
Else if stock comes down then wait till it comes to support line and then buy there and sell at resistance.
Good for swing trade
butterfly in oberoirltyjust for educational purposes
case study
harmonic butter fly rules
like B point should be 0.786 retracement of XA leg
And C point should be 0.886 or 0.382 or in between if near values good and is retracement of AB leg
and D 1.618 or 2.24 of BC and 1.27 of XA
these are for butter fly for other patterns retracements will vary
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
range bound between 800-1000it is approaching towards 800 levels, so entry should be initiated 800-815 levels.
In these types of patterns breakout fail most of the time.
Breakout people buy at breakout of this long range but if we initiate trade entry earlier then we will Square off at those levels where 90% of people rush for buy.
Tip & Tricks-
.we must be entry earlier than most of traders.
.range bound, broadening pattern, channel pattern etc. try to not enter at breakout, enter at lower support levels so we can supply at breakout levels to those traders.
Oberoi Realty Breakout Analysis !!📈 Oberoi Realty Ltd. 📉
This Stock broke out from a Down Trending Trendline zone after testing three times. It was in consolidation inside Triangle Pattern since last six months and today that ended on long side So I am biased on long side as todays candle closed is strong green.
On Buy Side I am looking for Targets of 977 and 1036.
StopLoss should be kept at 888.
It offers 1:2 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
OBEROIRLTY Sell Idea (Intraday)Price gave major BOS and showing rejections at current levels. Going below 865 can be a possibility that price can drive down further to 854-855 Levels. All the analysis mentioned over chart. In case price open gap down below levels then will look for rejections further.