Consolidation/VCP pattern in UptrendVolatility contraction pattern formation near support area, stock is above 50DMA. All time high and beyond possible
SUPRAJIT trade ideas
Why should you take BTST trades?Are you confused as to how BTST trades work? Firstly, BTST trades simply mean "Buy Today and Sell Tomorrow." That is, you simply buy a particular stock today and exit it tomorrow. I would like to clarify that every broker allows you to take BTST trades and there are no extra charges for executing such trades. Like intraday and swing trading, it is just one of the styles of trading that is suitable for a lot of traders.
Also, I'll be introducing you to a new indicator that I have coded myself and will show you how it can be used to find breakout trades on any stock. So please comment on the stocks below and I will analyze them in the follow up video.
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.
Also, in swing trades, it is very difficult to determine how long we should hold a particular stock, but with BTST trades, it gets easier.
IN SHORT BTST TRADES ARE FRESH BREAKOUTS EVERYDAY WITH MAXIMUM PROBABILITY OF RETURNS
You must also see this weird line on every stock. It is actually the indicator that I have coded that helps us figure out the breakout trades. In the next video, I will be analyzing charts using this indicator and teach you how you can draw important price levels using it.
So don't forget to comment on the stocks you need me to cover in the next video.
Multi fold move is possible!! - SUPRAJITPros:
Auto-ancillary industry which is out performing
Debt decreasing
Price action/Cup breaking
Sales, PAT and Current Ratios are good improvement
Cons:
Sales is not consistent quarter on quarter
Suprajit Engineering . Buy Above day HighSuprajit Engineering . Buy Above day High. RR 1:1
Disclaimer : For informational purpose only
Swing traxe in suprajit engineeeringPrice is in uptrend, clear picture of VCP pattern formation. Target is given on chart SL below 20 SMA
Long on SuprajitFlag and pole pattern breakout on 1 hour chart
CMP: 462, T:1 490, T2: 530, T3: 560, SL: 425
Breakout in Suprajit Engineering...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
4 years of Resistance BreakoutThe chart is simple and self explanatory.
* 4 years of breakout - retest and bullish candle
!! Cheers !!
Suprajit Engineering ltdNSE:SUPRAJIT BSE:SUPRAJIT Weekly Chart.
Cup and handle formation seen . if it is completed , and give BO-retest set up (PS: chk volume for BO and retest) it can be a good candidate for up move. just for learning purpose , use ur own analysis.
Suprajit Engineering Ltd at supportSuprajit Engineering Ltd at the support. take a long position after your won researches.
SUPRAJIT ENGG A possible breakoutSUPRAJIT ENG looks breaking into new high on monthly chart. Price need to close above the resistance level indicating clear breakout till this month end October 2021. A fallow up buying thereafter may take the price to new heights. Keep Watching
suprajit enggDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
SUPRAJIT - EXPECTING WEEKLY BREAKOUTLong Uptrend... It's on the verge of Breakout.
So keep this stock on your Watchlist and I'll keep posted on this Stock.
Suprajit for positional tradeSuprajit for positional trade
Suprajit for positional trade #stocktowatch
#stocktotrade
Suprajit Engineering chart analysisSuprajit Engineering chart analysis for intraday and swing trading
Suprajit .....moving up!!The stock is in momentum and is expected to reach the targets shown on chart.
