#SIMPLEXINF - TrendLine Breakout in Daily Time FrameScript: SIMPLEXINF
Key highlights: 💡⚡
📈 TrendLine Breakout in Daily Time Frame
📈 Volume spike during Breakout
📈 MACD Bounce
📈 Can go for a swing trade
BUY ONLY ABOVE 325 DCB
⏱️ C.M.P 📑💰- 322.25
🟢 Target 🎯🏆 – 22%
⚠️ Stoploss ☠️🚫 – 11%
⚠️ Important: Market conditions are Okish, Position size 50% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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SIMPLEXINF trade ideas
Simplex Infra- Ready For a big breakout after many yearsSimplex Infra
Good setup to breakout for the next 3 years. Breaking out on weekly and monthly time Frames.
Crossed CCi Above 100
RS Positive
The stock will come to the zone marked in Orange and then take off for a bigger Long move.
On 125 Minutes chart. Volumes increasing above 20 day MA in all timeframes.
Entry: 80.75
SL- 78
Using Demand Supply, RS, CCi
SIMPLEXINFRA - Good Investment StockIt is been observed on the weekly chart that the price action breaking above the current downward trendline, indicating buyers dominance over price action and a further move up. It has also formed inverse Head-n Shoulder pattern, which again indicating a reversal and a bullish move ahead.
Target 1: 360 (1:1)
Target2: 410 (1:2)
Stoploss: 260