Dear Traders, We can see a great 10-15 % move in foreseeable future as, stock is making inverted head and shoulder pattern. Plus, it already has given breakout from Triangle pattern and after that it was hovering upside that means accumulation of stocks is also done by retailers like us. And in the last it broke today the neck line of former pattern. And along...
Dear Traders, Syngene International had given breakout in previous session. But still there was a chance of resistance in it as per shown in graph. Also, you all can see that breakout was clear and volume was considerably higher than average. So, we could have took trade in it today morning or on Friday before market closing. I missed it because of having...
Dear Traders, HAL has given a good volume breakout this week. Also, ut closed above the trendline so good momentum can be expected next week. Moreover, it is a multiyear breakout and also sector is reputed so you can add this stock in the list. Thanm you guys.
Dear Traders, Chalet and its peer Lemon Tree Hotels, both has recently broken their resistance line. In Chalet, there is a parallel channel type breakout. We can expect a good move from here. I waited for 2 Days stock does not look bearish. But, if it gives close below channel line with huge volume then we will sell this stock as per own risk appetite. Thank you guys.
Dear Traders, Today Delta-corp has given good breakout from channel pattern with good volumes. So, it is a buy call for tomorrow. But, it is almost 10% above the breakout line. So, first we put 50% of our money tomorrow. As risk management is most important so we then trade with Big SL of 10%. If it continuous to move further upside then we gradually trail our...
Dear Traders, Symphony is Trading in a range for almost 11 months. Today it broke out of that parallel range with a considerable volume. Also last 3 to 4 Days were not showing bearish sign. So, it is good to go stock for me. But, as we all know it could be a fake breakout so put half of you money only with 6% Stop Loss of CMP. And put other half when tomorrow it...
Dear Traders, I found a good stock which can show big 20% Momentum within a week maybe. So, please consider it and analyse it as it already has broken the 52 Week high and got out of channel pattern. People, after breaking channel pattern and previous high on up-trend stocks generally shows great momentum with good volume. So, you can also ride in this rally. ...
Hello Guys, MOIL was Trading in a very eminent pattern called Rounding bottom pattern. Also, in mothly Time Frame it is showing recovery from the previous fall. Volume is also good in last two moths. Here, Stock path is bullish and it Broke Previous Resistance and Retraced from there so we can expect a big move now within 3 moths. Today, it also broke Triangle...
Dear Traders, 1.I previously traded this stock and had handsome profits at the end of month. I found opportunity again but this time, you all can take benefits of it too. It has breakout today from previous candles as well as from Triangle Pattern. 2.People like me who believes in volume is there so, our conviction gets stronger by this. 3.When market is in...
Dear Traders, As we can see Bio-con was in Channel Pattern and after it now it was consolidating in Triangle pattern. Today it has given Good Breakout with gap. Normally, people wait for gap to fill and after that they take the trade but here, buying is so good that people are buying without Gap Filling. Also, those who has patience and waiting for gap to fill...
Hello Traders, Please keep this lesson in Mind always. In Mahindra and Mahindra we can see that on 25th and 27th January stock opens at lower levels but closing are green this sign shows that buyers are active and bears are confused and not taking any positions. Also, on 27th January opening of candle is below and closing is above previous candle. Which shows that...
Dear Traders, Looks like triangle pattern is forming in NIFTY, market is preparing for big future moves. Selling may continue till gap and previous resistance zone. Have a good day Traders.
Dear Traders, I am happy to Sharing Good Risk to Reward Ratio Stock. IBREALEST is forming Triangle Pattern from past 5 Months. Also whenever it touches trendline buying happens with good Volume. So, those who missed previous supports will be eager to buy it from here. Caution: Nifty and Banknifty may rest or fall further, so, please consider them while take your...
Dear Traders, Good afternoon, This gem is consolidating from past 3 moths. also the range is getting small each moth. Moreover, in market crash this stock took support and didn't fell like every other stock. You can buy it 50% now and 50% after good volume SL should be below trendline. Please do your analysis before taking any decision.
Dear Traders, Please find this fundamentally strong stock a huge winner in short term. As it is consolidating after giving goods returns. Also, after breakout selling pressure is minimal in front of bulls. Put your stop loss as per your risk capacity. I would personally wait for good RR ratio.
We can see stock is continously trying to make upward movement with good volumes. Also it is also in uptrend. Triangle breakout and close will be final confirmation. Wait for Good RR ratio before buy. Happy Treading guys.
In daily chart price take Support from lower channel as shown in graph, also there is a multiyear Breakout from stock. Pure price action. Keep stop loss below channel pattern forgood RIsk to reward ratio. Also trend is uptrend so chances of hitting SL is minimal.