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...
Company Overview:
Thejo Engineering is a leading provider of bulk material handling solutions, serving industries such as mining, power, and infrastructure. With a focus on innovation and quality, the company has established itself as a key player in the industry.
Technical Analysis:
- Strong Support from Lower Trend Line: The stock is currently supported by a...
- Inverted H&S with 2 Left and 2 right shoulders
- Price building up at the neck line
- HL and equal highs makes it an ascending triangle
Disc :- This is an weekly chart so wait for an Weekly candle to close above the neck with strong volume
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL...
