Buy Today, Sell Tomorrow: GESHIPDON'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 GESHIP
Buy Today, Sell Tomorrow: GESHIP
Trade ideas
Great Eastern Shipping Bullish Stock Name - Great Eastern Shipping. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing the further strength in Great Eastern Shipping
More strength will be visible once it will cross 350. Worth to keep in watch list for coming days
#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
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Buy Today, Sell Tomorrow: GESHIPDON'T HAVE TIME TO MANAGE YOUR TRADES? | Channel Breakout in GESHIP
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using 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
Buy Today, Sell Tomorrow: GESHIP
GESHIP - Good Risk reward setup for swing trade🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Bullish on GE ShippingFundamental Reasons to buy:
->Exports on boom.
->Government set exports target of $400 billion.
Technical reasons to buy:
-> For the last 3 weeks it's consolidating in 350-370 range.
-> Entry after decisive closing above 375-378 range.
Recent bulk transactions:
25 Aug, 2021ACQUISITION - MARKET
ICICI Prudential Mutual Fund Acquisition
Qty: 715191
% Traded: 0.49
Post Tnx Hold: 7.47%
Short term/momentum traders can look for booking profits in 410-425 range.
Medium to long term traders may wait till 490-510 levels.
GESHIPPING Bouncing off at SupportGESHIPPING has formed flag structure at the support/resistance zone of 375 and has broken out of the flag. Also, this zone was previous resistance and has acted as decent support this time. 375 zone is also the 61.8 Fibonacci zone of the bigger range. The stock has found support at confluence of multiple technical indicators and has exhibited bullish candle with volume on Friday, 17 Sep. We are bullish on the stock and can expect it to touch previous highs of 440 and ATH of 480.