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 JSLL
BUY TODAY SELL TOMORROW for 5%
JSLL trade ideas
JSSL | Recent ATH breakout and potential Entry at the confluence
STOCK TREND - BULLISH
MULTI TF ANALYSIS
==================
MONTHLY - ATH breakout
WEEKLY - Ascending Triangle breakout with Marubozu candle
DAILY - RTS breakout
TECHNICAL ANALYSIS
===================
Stock Price is trading above SMAs
RSI >
VOLUME > MA
Support/Resistance Zone -
Demand Zone -
Observation - Breakout has been confirmed along with RSI and Volume confirmation on daily chart. We shall expect price to cpme back to the DZ at the confluence of Resistance turned Support and Trendline.
FUNDAMENTAL ANALYSIS
======================
Compounded Sales Growth -
Compounded Profit Growth -
Stock Price CAGR -
Return on Equity -
Note: The stock is currently little overvalued as Stock PE(71.97) > Industry PE(34.3).
TRADE DESIGN
=============
ENTRY -
SL -
TARGET -
RRR - +
Disclaimer: This chart study is for educational purpose only. Kindly trade at your own risk.
Breakout in Jeena SikhoAfter multiple retest, the stock is give a Range Breakout setup.
This comes after a consolidation of 6+ months
Breakout Screener:
RSI near 70 and rising
Trading above EMA50
Volume accumulation
Breaking ATH
Disc: Not a recommendation. Do your own research (DYOR). Not SEBI registered.
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 JSLL
BUY TODAY SELL TOMORROW for 5%
#JeenaSeekho Daily TF 12/08/2024 #JeenaSeekho Daily TF 12/08/2024
Triangle pattern almost complete and expecting Break-out or Break-down soon.