Long Opportunity in Crompton Greaves - Breakout with Volumes - SL at 417 on closing basis.
Be careful as Crypto as been volatile - Scale in only when the above 2 marking have been breached i.e Candle close above the marked area on Hourly basis. Scale in partially at point 1 around 3200 level and fully once close happens above 3600 levels. Good luck.
Potential long opportunity with a SL of 464 on closing basis. Be aware this stock can hits circuits (refer left side of the chart) - So don't go over board with Position Size. Good luck!
Good breakout with volumes. SL should be 2711 on closing basis. Good luck!
Stocks hit LTH. Looks exceptionally Strong. SL should be at 952 on a closing basis. Good luck.
Breakout after consolidation. All exchanges and depositories displaying similar behavior. ST SL - 890 MT SL - 857 The SL should be considered on Day closing bases and not intraday basis.
Stock making a lifetime High- Momentum like this attract more players, Great opportunity to go long with SL of 250 on closing basis. Disclaimer : I have positions
Great VCP pattern - One can go long here with SL of 1400.
Refer to the chart - The stock has broken out of a range with expanding volumes. One can enter here with a swing low SL of 907 on closing basis. Good luck! :)
Fairly clear in the chart - The stock is now retesting the prior resistance with a low volumes pullback, One can go long with a SL of 123 on a closing basis. Good luck!
VCP / Volatility contraction observed in stock and stock is retesting pervious resistance. Ideal entry location (but volumes are not comforting on down side i.e Todays candle). One can go long with at current levels with a SL of Swing low i.e 699 on closing basis. Market is currently defensive so avoid taking full risk / trade. Good luck :)
VCP/ Volatility contraction observed in CSB bank , Only problem I have is that the structure of Nifty Bank and Nifty Finance is still not great. For me this is a valid trade with a lower risk i.e If you risk 10k per trade then You shouldn't take more than 5k risk per trade due to overall sector. Enter around current levels with a SL of 247 of closing...
Be part of sector that is showing strength i.e CNXPHARMA . Stock retesting breakout levels i.e Prior resistance with a low volume pullback. Enter b/w 3150-3250 if you get the opportunity with SL of 3060 on closing basis. Disclaimer: I have positions , so do your own due diligence before investing , Good luck! :)
I always try to keep simple, be part of sector that is showing strength i.e CNXPHARMA. After a solid Base, Stock is breaking out with volumes. One can go long at current levels with a SL of 730. Disclaimer: I have positions , so do your own due diligence before investing , Good luck! :)
Why I like this structure? 1)Relative new listing - These always have more potential (look at Happiest Tech) 2)Uptrend structure even when market was pulling back 3)Good volumes on up days and low volumes on pullback days 4)Trending RS line (This is not RSI , I am referring to Relative Strength - Performance in terms of broader market) 5)Molality contraction seen...
Breakout with Volumes! After long consolidation stock has given breakout with volumes Additionally this can be confirmed via CNX Pharma breaking out of long consolidation. Avoid high risk / trade as Nifty is still under 50 DMA
Look at chart for details, As Nifty is still under 50 DMA, Risk only 50% of what you normally would. Rationale : Fresh Breakout, 52 week, Excellent volumes and Higher High on Relative Strength. Good Luck!