What is Breakout Trading ? A breakout is a potential trading opportunity that occurs when a share price moves above a resistance zone or moves below a support zone on increasing volume . For trading breakouts one should be aware of support and resistance . It acts as the backbone of Price Action trading. What is Support & Resistance ? Support is a place...
Trading in a Rectangular channel. Can expect the breakout on both sides. Can go long once it breaks upper side. The height of a box can be taken as a target.
BEDMUTHA (BTST) Wait for the resistance breakout to take entry The stock looks good above 80 The expected targets are 82 85 & 88 Trial your stops as per your risk management
NRAIL 1)Wait for the resistance breakout to take entry. 2)The stock looks good above 272 for intraday 3)candle closing is mandatory for the positional entry 4)Target levels are mentioned in the chart Happy profit making :)
1) Wait for the resistance breakout to take entry. 2) can keep target 1 as 107.50 3) can keep SL as 99
Trading in a Ascending triangle pattern. Wait for the breakout to take entry. The stock looks good above 75 The expected targets are 78 81 & 83
Wait for the resistance breakout to take entry. closing and sustaining above 140 can lead to a good breakout. Targets are mentioned in the chart.