1) Wait for breakout and candle close before entering the trade.
(Optional: You can enter on retest)
2) Add a SL 3 ATR above the high last 15 min candle above the breakout line
3) Most important: Book your profits at the golden ratio.
PS: This is perpertual futures contract, please trade with caution with proper leverage.
I will keep it simple. BTC hit the tripple bottom on 30 Min chart. Play long...
Wait for trend reversal confirmation in lower time frame before entering long.
Buy 1450-1465
Target 1: 1535
Target 2: 1652
SL: 1367.20
The daily chart has a channel breakout supported by MA bullish crossover and DI+ crossover with a strong ADX reversal. The Upward potential could be upto 1652.
Please note the company also has upcoming earning announcement on May 31st. Follow strict SL.
Bullish breakout in cup handle and channel with DI+ Crossover and bullish ADX momentum. However the RSI is at overbought level, so with positive ADX expect small correction before it hits target.
Buy around 3340-3360 with TGT - 3624 with strict SL- 3156
Key artifacts about Apollo Hospitals:
- Promoter holding has decreased over last quarter: -1.00%
- Promoters...
CAPLIPOINT is showing bullish flag breakout in both Hourly and Daily chart. This is also supported by the DI+ Crossover with ADX over 25 which shows the bullish momentum is going to continue.The RSI is also not in overbought level.
Buy: 513, TGT-1: 532.35, TGT-2:539.75
SL: 495.65
SBIN has crossed the upper trendline of both the flag and triangle which is a strong reversal pattern. The bullish trend is also supported by the RSI and weakening previous trends on ADX.
The daily chart shows that MPC has a bullish breakout from the triangle. This breakout is also supported by the DI+ Crossover, the reversal is confirmed by the Parabolic SAR and RSI is at mid range.
Please note ADX is below 25 and conservative traders can wait for the ADX signal if required. But there are other signals which are guarantying the bullish pattern....
Triangle breakout in hourly and daily chart for NSE:BALRAMCHIN with DI+ CrossOver, ADX and Momentum trend continuing to be bullish!
Target 1 - 319
SL - 287
Note: BALRAMCHIN has more than 10% promoter holding. :)
