ORISSAMINE trade ideas
ORISSAMINEInvestors Pick : Excellent Price Action and strong surge in volumes. Looks like it is ready for breakout. ~2700 levels are resistance levels since 2015-2016.
ORISSAMINE channel breakoutDate: 12/ 05 /21
Stock: ORISSAMINE
CMP: 2790
Transaction type: Buy
Price: CMP
Target: Marked in chart
SL: 557
Channel breakout
ORISSAMINE its BrokenAdd Half quantity now and add more on EOD as per Your position size.
Enter with respect to your Risk reward ratio.
Follow and DM to learn more
ORISSA MINERALS.ORISSA MINERALS IS FORMING ASCENDING TRIANGLE CHART PATTERN ON 1 DAY T.F.
I EXPECT A TARGET OF 2800-3200 IN COMING SESSIONS.
ORISSAMINE Multiple times resistanceORISSAMINE Multiple times resistance breakout
ORISSAMINE @2840 for target of 3250
ORISSA MINERALS - 1YR VCP BREAKOUT SETUP SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
long orissamineGood volume
Watch for breakout
Daily and Weekly RSI entered Bullish zone
Monthly RSI took 60 support
Orissa Mine, Big candle Expected.Volatility contracts & volumes become dry is more often followed by a big candle.
As stock is taking support at 20 MA and is near to 20 MA, this is Low Risk entry point.
20 MA Riding indicates a strong Trend.
Always try to enter whether Long or Short near to moving averages for better Risk Reward Ratio
Long for 2000 Level.. stoploss is the channel baseLong for 2000 Level.. stoploss is the channel base
OrissaMineSL - 2039
Target - 2275 , 2300Rs then.
Mining Companies has been catching Trend.
Once breakout happens, it Could Test mentioned Resistance/Target lvls Comfortably.
OrissaMine - LongSL - 2039
Target - 2275 , 2300Rs then.
Mining Companies has been catching Trend.
Once breakout happens, it Could Test mentioned Resistance/Target lvls Comfortably.
