There was a good shakeout in this stock and now it is at an important resistance level. I am ready to buy if it breakouts. Stop loss will be below the breakout candle.
Looks like there was a shakeout in Bitcoin chart and it may give a nice breakout now. One can enter by keeping the low of breakout candle as stop loss.
There was a shakeout before breakout in Tata Motors. Usually this kind of shakeouts are created to force bulls to exit their buy positions. Today, about 9:20 a.m., there was short covering in Calls, so I did a bull put spread.
ITC has a breakout. 480 can be first target and after that we can trail the stoploss till 500 target is achieved.
There was a Double Bottom in crude oil and Elliot wave ABC was done so I entered with 1 mini lot and decided to add on the dip. So far there has been no dip and price is going up. I'll hold this position till target is achieved or stop loss is hit. If there occurs a bullish chart pattern in lower timeframe then I'll add one more lot.
There is a breakout of inverted head and shoulder neckline in MCX daily chart. One can enter by keeping stop loss at low of breakout candle. I am not strong bullish so I've entered this trade with low risk.