APSTAGE2

APSTAGE2

Look at the details of the chart- - Stock from strongest sector. - Made new high - High volumes - Higher high on relative strength

APSTAGE2 Updated 

High reliable pattern - Sellers unable to push prices down. Price Action is becoming tighter at the right. VOLUMES and BREAKOUT are a MUST! One should enter ONLY if the closing is above 34 DO NOT DO AMATEUR MISTAKE of Preempting. Good Luck!

APSTAGE2 Updated 

Pullback structure with a low risk and high reward opportunity. Close positions if closing on basis stock is 164. Stock made 52 week and gave a solid pullback. Testing region of Demand. Good luck! Disclaimer: Holding positions

APSTAGE2 Updated 

1) Take 30% positions here and rest if there is Pullback- Don't chase Momentum blindly. 2)New Life Time High definitely shows Strength.

APSTAGE2 Updated 

Why do I like this ? 1)Clear up trend and expanding range of candles 2)All AMC stocks (HDFCAMC, NAM_INDA) are doing well but this is performing the best among them. 3)Stock hasn't pulled back even when General Market did (This reflects Strength) Do not try to complicate - Study basic things and Price Action to understand the Psychology of the Market.

APSTAGE2 Updated 

Stock has hit all time high. Once can enter at current level with Swing low as SL. Reduce risk per trade as market conditions are choppy. Volumes already 25% of last 10 trading days average in the first 20 mins of Trading. Focus on protecting capital than make big bets. Good luck! Disclaimer: Holding positions

APSTAGE2 Updated 

Sonata Software hit an All time high with above average volumes. In turbulent times its the defensive sectors such as IT, Pharma, Consumption perform better, Look at the CNXIT chart, The structure turned to HH, HL now. i am more interested in IT space now. Disclaimer : Holding Positions. Good luck,

APSTAGE2 Updated 

I firstly start looking for sectors that are doing relatively well in Market during choppiness, IT has now started performing well. So my preference will be to lookout for new breakout in IT. See my previous post on Sonata Software(Belongs to IT again) and now Mastek has given confirmation with great volumes. SL should be swing low i.e 1135. I will not allow too...

APSTAGE2 Updated 

Dont blindly chase momentum and buy breakouts. Wait for Ideal Trade location in order to manage risk properly. If you are very tempted to Trade Breakout then buy 30% to avoid FOMO and remaining at test of Demand. SL for Short term traders is close below 99 SL for Swing traders is close below 93 Remember you are here for the long game and not thrill. Hasty...

APSTAGE2 Updated 

As you can see, after a prolonged consolidation stock has now given breakout on large volumes. Can enter 50% positions on Breakout and 50% on PB near 150-155 zone. Keep a Strict SL of swing low near 135. Given the overall market conditions are not ideal, Risk only half of what you normally would. i.e If you risk 10k per trade, do not risk more than 5k. Good...

APSTAGE2 Updated 

Weekly Charts are far more reliable than Daily. Just look at the graph to understand why this stock may perform. Range expansion and breakout with good volumes.

APSTAGE2 Updated 

The stock earlier broke out and moved swiftly upward and formed a new base - After a solid base/ Stage 3 formation, the stock has given a breakout on Phenomenal volumes. One can enter here and treat 67 as strict SL as it violates the swing low there.

APSTAGE2

Based on Price action the Gold has started making lower highs and lower lows, Additionally this gives me higher confidence because all the Moving Averages have moved down. Rule 1: Price below 200 DMA Rule 2: 50DMA< 100DMA<200DMA Rule 3: Proper trade location, given the price has given a pullback, its a great opportunity to enter the trade from 1725 and keep...

APSTAGE2

As you must have seen for the last few days that BTC and ETH have taken a breather. After a long consolidation, ETH is attempting to breakout from its range. You should only focus on Price Action and check the Daily and Hourly time frame. The only problem with the breakout is lack of strength i.e Volumes. I would rather miss out an opportunity than preempt