◉ Post-earnings dip: A big bearish candle, but the stock held strong at its 50 EMA. ◉ Clean retest with a solid follow-through candle (remember what we discussed in Sunday's session?!). ◉ Back to back Tight + Dry days 📈 High-probability setup! We will look to trade this setup for intraday. At the moment, we don't find any entry point with an SL less than 5%!
🔘 A 3-month base formation near ATH. 🔘 Boosted by an earnings surprise. 🔘 And a master candle formation. 🔘 After consolidating within the 4-month-high volume 18 Sep candle for a week, the stock is now breaking out! 🔘 If you are comfortable, consider placing your SL near today’s low (~3%). Note: This is for educational purposes only; no buy or sell...
🔘 Narrow range candles during sideways action 🔘 No signs of breakdown or bearish candles 🔘 Surfing on 10 & 21 EMA 🔘 Guppy contraction 🔘 6-year high volume after earnings and no much activity after that My SL here would be less than 5%!
CMP: 222 Tight closes after a blast Sideways action for 3 weeks Narrow range candles in the recent days I will look to enter with an SL of <4%.
CMP: 812 Big base breakout and then sideways action for 3 weeks. Clustered EMAs and sloping up. It may trigger an entry above 830 with an SL less than 5%!
CMP: 301 🔘 Rocket ship IPO pattern 🔘 Basing after an initial move 🔘 Sideways consolidation 🔘 Sectoral tailwind Looks poised for the breakout with an SL of ~5%!
📈 CMP: 698 🔘 Big base 🔘 Facing resistance near the high of the 4th June candle 🔘 Multiple dry volume narrow-range candles 🔘 Cheat entry may trigger tomorrow Deadly Combination 🪄 SL could be even smaller than 4%!
⚡️NBCC: 130 🔘 Sitting on 50 EMA 🔘 Clustered EMAs 🔘 IB 🔘 NR7 I will look to enter above 134 with an SL of <5%.
⚡️ SMSPHARMA: 204 🔘 6-month base breakout in Feb 🔘 60%+ move in <2 months 🔘 Previous breakout zone acting as a support 🔘 Contraction near 10 & 21 EMA 🔘 NR7 🔘 Month-low volume Looks good to me above 210
Trading near ATH. Looks good above 1630 with a SL less than 3%.
- No returns for the last 5 months - Bounced from the previous support zone - Tightening near 61% Fibo zone - IB and NR7 candle Entry can be initiated above 815 with 3-4% SL!
CMP: 601 🔘 Basing near 50 EMA 🔘 Coiling action 🔘 Back to back IBs Entry above 610 with 3% SL!
CMP: 982 🔘 Bounced from the previous breakout zone on 14 March 🔘 Long-legged Doji candles in the weekly timeframe 🔘 Clustered moving averages and sloping up 🔘 Narrowest Range candle in the last 7 days 1000-1020 is the zone to look for!
🔘 Sustaining above the last quarter's earnings gap up of 13% 🔘 Trading above the gap zone for more than 1.5 months 🔘 Tightness in price near the breakout zone 🔘 Contraction in volume Entry can be initiated above 428-430.
🔘 After last quarter's earnings, the stock went up by 40% in just 2 days 🔘 Strong bounce after the retest of the previous breakout zone 🔘 Trading near ATH Entry can be taken above 510-515 with the stoploss near 490! If it forms tight candles here, it will be a not-to-miss setup but if it moves immediately tomorrow then I will be a little hesitant to pull the trigger!
CMP: 461 A big move of >300% after the base breakout Contraction near All-Time High ✅ IB Looks like the contraction is about to get over!
👉 Cheat entry near 875 🔘 Contraction for 2 weeks 🔘 Clustered EMAs 🔘 Pocket Pivot volume Ready for 4-month base breakout near 52-week High with an SL of 3% Going good 💪
⚡️ CMP: 66 There has been some good volume bars. Then the stock plunged >20% from its 52-week high. It's giving an opportunity with a low-risk (<4%)