BF Utilities ◾After initial uptrend of symmetrical traingle, stock started squeezing ◾ Back to back two breakouts and retest ◾940-960 is buying zone with stop at 880 ◾ Expecting 1050-1100 ◾Volumes looks decent #Nifty #TradingView #StockMarket #trading #StockMarketindia
REC LTD We had a breakout from a strong supply area, almost 4 rejections in 3 months. Volumes were amazing today. EPS YTD 53.72 vs 42.41 We might see some pullbacks before next move. #Nifty #TradingView #StockMarket #trading #StockMarketNews #StockMarketindia
Quick move of 5% in stock, strength is building up with volumes. Perfect example of how breakouts work after consolidations. #Nifty #TradingView #StockMarket #trading #StockMarketNews #StockMarketindia
In continuation to previous post Beautiful base breakout with volumes on weekly chart. Looks good till it holds resistance. #Nifty #TradingView #StockMarket #trading #StockMarketNews #StockMarketindia Only for educational purpose
On the long term chart stock is taking a pullback and volumes are also taking part here which shows the sign of strength. (Will post another short timeframe analysis) #Nifty #TradingView #StockMarket #trading #StockMarketNews #StockMarketindia Only for educational purpose
Chart looks way beautiful on weekly timeframe. Nearly 2 and half years of consolidation, we had multiple rejections at current levels. Expecting a strong trend change above this resistance line. Definately a trade at current levels, other at breakout & third at pullback - This is plan of action. #Nifty #TradingView #StockMarket #trading #StockMarketNews...
Stock had closed above resistance, will look for pullback to add till it holds the 21 MA. Volumes are picking up from past few days. #Nifty #TradingView #StockMarket #trading #StockMarketNews #StockMarketindia
Inox Wind Last day we had a pull back after breakout, trading in zone 1 of uptrend. Looks good till we have this trading above resistance, also trading above key MAs. #Nifty #TradingView #StockMarket #trading #StockMarketNews #StockMarketindia
How to enter exit a stock after fresh entry - Example - #SBIN Pic 1- Suppose we enter a stock below after breakout, also volumes have built up nicely at entry. Pic 2- Keep trailing the stock until previous low is not broken, in example (see red, green line which will be our TSL). Stock broke the TSL at blue line which will be our exit point. Pic 3- Another way...