All time high breakout stock-Next Tgt-963United Nilgiri tea stock All time high breakout -Buy short term Next Tgt-963
UNITEDTEA trade ideas
UNITEDTEA#UNITEDTEA
Head & Shoulder pattern is formed &
the stock is trading at multiyear strong resistance.
We can see a breakout as volume is rising in the stock, golden
crossover done in weekly chart.
United Nilgiri Tea cmp 467.15 by Weekly Chart view*United Nilgiri Tea cmp 467.15 by Weekly Chart view*
- Price Band 476 to 500 Resistance Zone
- *Back to Back Bullish Rounding Bottoms with neckline at the Resistance Zone*
- Weekly basis Support at 410 > 338 > 265 with Resistance at 535 > ATH 575.95
- Price seen sustaining closure above Falling Resistance Trendline for past 2 weeks
- Volumes surged heavily last week preceded with intermittent spikes the over past few weeks too
Stage 1 BreakOut Set Up for 2nd Week Sept.Welcome to this educational video on mastering high-probability trade setups in the Weekly Time Frame. Today, we'll dive deep into understanding how to identify and capitalize on these setups to maximize your trading success. We'll explore the dynamics of stock behavior and how extended periods of consolidation can lead to powerful breakouts. The longer a stock consolidates, the more explosive its movement tends to be once it breaks out, creating unique opportunities for traders. We'll cover key strategies, indicators, and real-life examples to help you navigate these high-probability setups with confidence and precision. So, grab your notepad, and let's begin this journey to enhance your trading skills and insights!"
If you find any set ups share in the comments.
Breakout Soon candidate UNITED TEADarvas Box Breakout Setup
RSI near 70 and rising
Trading above EMA50
6 months consolidation
Volume spurt
Entry after confirmation
SL > 343
Disc: for study, not a recommendation
