Since i started building positions on thursday and friday, most of the positions now have a comfortable profit cushion, and i am inclined towards taking some risky, but very good risk reward bets now BSE : after a super up move, it has been consolidation on low volumes, and is now at an important demand region. this structure can eventually turn into a larger cup...
Since today's and yesterdays trades have started to work, feeling confident to add more exposure tata com - excellent long term structure in.tradingview.com entry - cmp sl - day's low breaking out of a low volume consolidation channel, supply is getting absorbed, and daily trend is starting to align with the weekly trend
higher tf structure is good, although this is a slow moving stock, but a good low risk entry with day's low as sl
on the back of some initial profit cushion and traction being built in portfolio, taking a few more positions today : Wonderla - entry cmp sl - day's low nice big base after a big upmove, low volume consolidation shows not much selling has happened
Starting to slowly build back positions again after going into all cash, will be building progressively, and be very willing to step out once again if i see selling resume in the markets entry - cmp sl - day's low IT is the one major sector that has fallen the least in this fall, and also has broken out of a relatively larger base recently
starting a position here by managing risk on daily tf, primary setup is based off the weekly, in a position to breakout from longer term consolidation. stock is showing relative strength in this weak market
entry - cmp sl - today's low why this stock?? - volumes : massive volumes when stock moved up, low volume consolidation - prior momentum - sister stock movement : stocks in broking and depository segment are moving together
- as the index made a new on 25th Aug, MCX made a higher low, mostly just consolidated on lower volumes - volume patterns in recent times are extremely bullish, wide range candles on upside, with massive volumes - volumes on the recent pullback are very low, indicating no institutions are exiting - low risk entry around 1620, with at 1575, about 2.75% -...
Currently, there are very few good setups to trade in the market, among the large caps, colpal is in a very good structure trading with low of day as sl
The thing with taking a counter trend trade is, there is a very high chance of trade failing, but if it works, risk reward can be really good -Kotak bank is in a slump since long time, but it is trying to form a bottom in my opinion for building positions, i recommend taking 50% entry above 1783, and 50% above 1789, keeping a sl below 1754 do not risk more than...
In this post, i discuss a simple way of when to start paying attention to a particular sector or a stock, with the example of IT sector 1) At point 1, as nifty is forming a bottom, IT is attempting to form a bottom as well, moving along with the index 2) As nifty continues to move higher, it forms a higher low at point 2, whereas IT has a big gap down and...
1) once a downmove gets extended from 10 and 20 ema's, we get a reversal extension on the downside 2) this is the time to start paying attention, start building watchlists 3) once this happens in index, real setups will start to emerge in individual stocks 4) stocks that breakout before the index, will be the true leaders of this upcycle
from January to Sep ' 22, this stock was all over the okasce, trading very wide and loose from Nov 22, stock corrected, on decreasing volumes, and from March '23, range of selling candles started decreasing, and range of green candles started expanding, indicating buying pressure coming back into the stock In the final leg of contraction, stock merely corrected...
Vcp breakout happened on 15th June from a big base stock moved up on higher volumes and consolidated on very low volumes, indicating very little supply coming to market Entry on small vcp bo entry - cmp sl - below 693
- confirmed stage 2 uptrend - clear volume expansion when price moves up - low volume pullback to 20 ema - shakeout within the base - price moving back up with a small gap and volumes entry - cmp sl - around 7500
There are two types of trades : 1)with the best structure 2) so beaten down, but risk reward is great Why i selected this stock to trade? 1) traditional technical analysts will call this stock a laggard, because while nifty is at all time highs, this stock is nowhwere near its highs. but if we look more closely, this stock bottomed on the same day as nifty,...
entry - cmp sl - just 1% below, around 1000 this stock had many shakeouts within the base, volumes suggest selling climax has happened and buyers are getting back in high chance of trade failing, but risk reward seems very attractive at this stage, with 1% risk, i do think 8-10% reward is probable in this structure
1) massive volume up when stock went higher 2) stock consolidated on lower volumes 3) bo again on volume expansion sl at 660