TASTYBITE - Weekly AnalysisIn the Weekly Chart of TASTYBITE ,
we can see that, it is forming a big Cup and Handle.
Also we can see a change in momentum from the support.
Expected momentum is shown in chart.
TASTYBITE trade ideas
Tastybite - Go LongTastybite
CMP 16590
Entry price CMP or near 16350
SL 15500 Weekly closing
Tgt 17600/18800/20000/ New ATH
Do your analysis before investing
Sharing chart for Study purpose..
TASTYBITEBuy Above 12649
Stop loss 11401
Good Risk: Reward Zone
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use short hands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
Buy Today, Sell Tomorrow: TASTYBITEON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
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 TASTYBITE
Buy Today, Sell Tomorrow: TASTYBITE
Tasty Bites formed Inside bars at supportTasty Bites formed Inside bars at support, It will blast in Next week,
Target1 --> 14880
Target1 --> 15700
SL 12670 DCB
Disclaimer : This stock idea is only for educational & research purposes and is in no way a professional stock recommendation. Please do your own research and consult your financial advisor before making any investment decisions.
An Uptrend Starts on Tasty Bite ChartIf you look at the chart, you can easily identify the uptrend movement on chart from last few days, earlier we had predict the downtrend as per lower highs & higher lows pattern up to our support level. Now waiting for filling that gap on chart and test it's resistance level at 16521. If it happens then we can still achieve approx. 20% return in short term. Happy Investing 🙏🏻
Tasty Bite Eatables(Daily TF)The stock in Currently on a Major support Zone .
Can Buy this if Sustains on this zone or can be Shorted if Breaks the support Level .
Note:-For Buying Side wait for Greater Volumes
Monthly TF Breakout followed by Weekly TF BreakdownBullish movement in this stock after monthly chart pattern breakout was stopped by weekly chart pattern breakdown
Long term investor should buycurrent price is discounted from all time high. long term investor can start accumulating here
Breakout in Tasty Bite Eatables...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.
DAILY SWING CALL // Monday 28th of June 2021 // TASTYBITEDAILY SWING CALL // Monday 28th of June 2021 // NSE:TASTYBITE
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 15657
TARGET: 18000+ (15% Around)
STOP LOSS: 14090 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Breakout is Ahead ✌✌✌Traders add this scrip to your Watchlist as it is ready to Fly. So guys keep on your and enjoy the profit.
TastyBite seems really tasty for short term.Please correct me if the inverse head & shoulder pattern is not right.
This is not a suggestion as I as still a learner. Thank You.
Channal Pattern formation in TastyBiteTastyBite has shown signs of reversal and formed a Dragonfly Doji on the support zone. Any breakout above 14365-14400 with the Sl below 13500 can lead the Price to the level of 15500-15600 zone, It can also reach above the 16000 mark if supported by the strong volume on the breakout.
TASTYBITENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
