Long Cup & Handle Base entry-cmp sl- below 183.5 within base, selling dryuong up, red bars with low range and volume
Entry-cmp sl- 302 PSU banks are breaking out after long consolidations, first was bank of baroda, now canara bank three contractions within base, recent shakeout, plus volume drying up are signs that the stock is now ready to move higher
Long - cmp sl - below 1290 large cap IT names have underperformed and consolidated for a while, in a strong bull market, sector rotations occur often from extended sectors to underperforming ones
1) wait now for a breakout above 829 levels 2) enter with a small sl below 800
entry - cmp sl - day's low at153.5 very tight range within a strong structure, plus oil & gas stocks and pse stocks are seeing demand in last 2 sessions. good group play as well
entry - cmp 118 sl - 115 low risk sentry setup, good RS, very tight contractions
long - cmp sl - 1600 good contraction, with decreasing volumes during consolidation, tight pivot
Entry - CMP SL - below 504 1) Strong trending move on back of volume and range expansion 2) pullback and consolidation on decreasing volumes 3) breakout above consolidation zone
Mark Minervini's VCP 1) strong upmove 2) volume expansion on upmove 3) volume contraction as price consolidated and moved lower, institutions are not selling as weaker hands get absorbed, price is once again ready to head higher entry - cmp sl - 553
Cup & Handle : 1) Strong upmove on weekly 2) relatively deeper base, retraced 50% upmove, but strong buying emerging in the second half of cup, this is institutions buying 3) very shallow handle getting formed, not much selling is happening now at these levels 4) 3 weeks tight closes above the prior resistance region, this is a sign of accumulation 5)...
Cup & Handle breakout 1) Strong trending move 2) shallow pullback after a big move, progressively weakening sellers on next wave of selling 3) Quick shakeout within the handle and price moving back up quickly 4) RS consolidating at all time high while price fluctuates in narrow range this is a weekly tf structure and will play out over next 8-12 weeks
entry - cmp sl - 1655 breaking out from a very narrow consolidation range formed after excellent upmove. Mark Minervini's low cheat setup
beautiful vcp pattern after a strong upmove entry - cmp sl - 2750
Strong stage 2 uptrend belongs to a strong sector - capital goods very shallow pullback and tight conolidation and volumes drying up multiple inside days in a row forming a vcp on hourly time frame within this consolidation region Entry : above 3400 sl: below 3250 Target : no targets, book 30% at 3:1 rr, and trail the rest on hourly pivots
NSE:ICICIBANK context of breakout is more important than breakout itself 1) Breakout is happening at new ATH and 52 week high 2) Breakout is happening after a consolidation period of 2-3 weeks AFTER the stock ran up significantly. this shallow pullback shows that despite the stock ran up, there are no significant sellers, stock is under institutional...
ICICI bank, forming a cup and handle after upmove, handle is almost complete, need bo above 890 for confirmation SBI - another leader along with ICICI bank decisive bo above 540-550 region will confirm the pattern, within the base, volatility is contracting, very tight closes on reduced volumes, supply is getting absorbed HDFC bank has been an...
NSE:WELCORP 1) number one most important thing for a trader is to be only in continuation structures, where there is already a prior trend 2) Retracement has to be on lower volumes. here the candle at 2 briefly undercuts the prior low and swiftly moves back up, creating a shakeout of weaker hands in the stock 3) after an earnings gap down, there is no further...
NSE:SBIN 1) Strong trending stage 2 move 2) Volumes expanded as price moved up, and greatly reduced as price started to correct and consolidate 3) Within the base, long term VCP is forming, on right side of base price action is getting tighter, price is consolidating at the top end of resistance, final supply is getting absorbed 4) need a clean breakout above...