Good bet for swing as well short term #ORISSAMINEBouncing from support area. Good bet for swing as well short term
#ORISSAMINE
Good time to invest here
just look this breakout at once
ORISSAMINE trade ideas
ORISSAMINE - Multi Year BreakoutOrissa Minerals Development Company
Disclaimer:-
This is only for educational purposes. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
1: 3 Risk to Reward - ORISSA MINERALSPrice is respecting the trendline from October 2023 and it breakout the Triangle at 18 June with huge volume.
Now the price is retesting the former resistance line which turned into support now. Also, it seems price will form good Morning star by this weekend.
We can expect it will go to 9000 Rs which is All Time High of this stock.
Please like and share if you like this idea.
Chart is Self Explanatory. I am not SEBI registered advisor and all Ideas posted by me are for Educational Purpose.
Long term investment Orissamine formed cup with handle pattern and break out.
Next target expecting 85 percent.
Educational purposes only.
Do your analysis
BUY TODAY SELL TOMORROW for 5%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 the rest of the time they either consolidate or fall.
Trendline Breakout in ORISSAMINE
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% 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 the rest of the time they either consolidate or fall
Trendline Breakout in ORISSAMINE
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% 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 the rest of the time they either consolidate or fall
Trendline Breakout in ORISSAMINE
BUY TODAY SELL TOMORROW for 5%
ORISSAMINE Double on Weeklyit has formed double top on weekly chart & Monthly chart as well. and hovering around support trendline and 20M MA. any breakdown in the trendline gives further downside.
ORISSAMINE - 20%+ Profit potentialKey highlights:
- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- Double Bottom pattern
- Using the measurement objective, the upside target of the double bottom lies somewhere near 3675.
- Demand zone: 2770-2900
- Strong support: 2700
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
ORISSAMINECMP - 2810
SL - 2650
Targets - 3000, 3600, 4000+
IHNS in making
Safe players buy above 3000
Orissamine mineralsCMP - 2292
SL - 2195 (DCB)
Target - 2750, 3000+
On the verge of make or break level, again retesting the previous support zone.
Orissa Mineral above 3000 a good BuyOrissa Mineral has been consolidating for quite a while, any breakout above 3000 will push it to 3500+. Clar cut descending triangle is being seen.
Orissa Minerals go longBuy near the support zone, can be entered at CMP for first target of 3800/4000. Stock making rounding bottom pattern for years and weekly trend is in a channel (HH-HL)
FYI only, not investment advice
Swing set up>>LIVE TRADEThe stock has given a trendline BO and looks good positionally above 3175 level
After two long weeks finally blasted It was given 2 weeks ago at 2760 levels
Tested our patience ane finally blasted
You should have stomach to sit tight when other share were flying you should have conviction on your analysis
After two long week finally blasted It was given 2 weeks ago
Checked our patient and finally blasted
Patience is needed when you trade
Plane and your trade and ride it
Orissa Minerals Near its buying zoneAfter breakout orissa Minerals is near its demand zone
One can enter at CMP
Orissa minerals riversal setup#Breaking trendline and face resistance of 50 EMA and previous swing high 3000 level we are waiting for cross this level and fixed ref. ratio chart and rs also breakout its suggested good reversal happen in this stock in near term.
Watch out For Resistance Breakout ✌✌This scrip is beautifully moving after consolidation and expected to give further Upmovement. So traders keep on your radar to catch the momentum.
ORISSAMINE ORISSAMINE (Monthly):- 3484.20 CMP LOOKS GOOD FOR UPSIDE :)
1) Multiyear Breakout Candidate :)
2) Volume spurts
