There is a one more stock Which is showing a great opportunity and forming, stock is near Resistance and ready to go if see a good breakout with good volume. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
In daily and weekly time frame considerably good enough volume build up
5 year old high point trend line breakout successful
For conformation, wait for RETEST
Note: I did my analysis, do your before trade
#HITECHGEAR trading above Resistance of 602
Next Resistance is at 936
Support is at 424
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...
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...
NSE:HITECHGEAR
cmp 450
watchout for BO above 510. it will head for ATH and beyond
gave BO for the first time on June 23 at 295. It achieved a high of 427 giving gains of 44%
then gave BO for the second time on Nov 23 at 420 and made high of 518.80 giving 23% gains
Watch for BO above 510 going forward, as this will take it to the ATH and beyond
The objective of...
Stock of the week award goes to Hi-tech gears!🚀
Symmetrical triangle and inverse head and shoulder breakout with volume bar in the stock. I think it is ready to blast!🔥
CMP: 321
Good Range: 275 to 320
Targets: 365, 390, 490, 570
SL: 250 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
