Descending Triangle Breakout
RSI above 70 and rising
Trading above EMA50
All time high Breakout
Volume spurt
Possible levels 590>620+
Stop loss: 495
Disc: for study, not a recommendation
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
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...
Short term trend Neutral. If it goes below 360 Negative trend , If it goes above 405 trend positive , If it crosses above 427 trend will change upward. Stay Invested .
zota healthcare looks good
buying range today 400-420
for ultrashort term low risk sl 380 below
for positional traders sl at 340 below
risk mangement leval of entry mentioned at chart
Author : Hitesh Kothari
This scrip is in an uptrend for a while and it's consistently making HH and HL. This scrip had now given a breakout from a triangle pattern with a decent volume and also there's a volatility expansion in BB so there might be a big movement on either of the sides as it had breakout from resistance i expect it to go up.
Swing traders may long now with SL of around...
Zota Health Care is engaged in the Manufacturing & Trading in Pharmaceutical Products.
Company is almost debt free.
Recently Nice range BO with huge volumes.
Company is into health care and pharma distribution.
Now Available at cheap valuations.
Expected 2x from this script.
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Today BO observed
If BO happens and...
can buy for swing above 201 if 15 minute candle close above 201.
safe side can buy above 210 .
keep stoploss below 188.
this scrip is illiquid and low market cap stock so invest not more than 5-10% of your capital.
it can be risky and high reward trade.
Having been keeping tabs on this for sometime. Today last 15 mins candle saw some action with volumes and price rise in good sync. If it continues we could see breakout from the triangle. Post b/0 188 is the only resistance for the stock. SL below this weeks candle.
Disclaimer : I am not a sebi registered analyst. This chart is purely for sharing my techniques of...
