- 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% -...
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
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