The Nifty is trading at important support. It was a breakout zone after selling on 4 June 2024, the General election Result day. After that breakout, the Nifty has given almost a 12% up move. After the Breakout of the 23250 zone, 24800 was acting as Resistance and from that zone nifty has given an up-move of 5%. 24800 was acting as strong support until...
STOCK: Eicher Motor Ltd. SETUP: The price has given a Range Breakout with a huge volume. The price has come back to retest the same breakout level with low volume. Wait for a bullish sign at the same level or it can be bought above PDH with the same candle low. NOTE: I am SEBI registered # For learning purposes only # Manage your Risk.
STOCK: Authum Investment & Infra Ltd. SETUP: The price faced resistance of 1900, and finally gave a breakout and sustained above the same level, The breakout candle has a noticeably high volume. PLAN: Entry: Above 1988, Stop: Around 1900, Target: 1:2 or 1:3 NOTE: I am not SEBI registered # For learning purposes only # Manage your risk
STOCK: JKcement SETUP: The price has been facing the resistance of the trend line since Sep 24 and tested the same level multiple times, The price has given a breakout with noticeable volume. PLAN: Entry: Above day high, Stop: Low of BO candle, Target: 1:2 or Trail NOTE: I am not SEBI registered # For learning Purposes # Manage your Risk
STOCK: Orient Technologies Ltd. SETUP: The price has given a breakout at 348 after that, the price is continuously taking support of 20 EMA and the price has given a fresh breakout at 475—trend continuation Setup. Volume is high. PLAN: Entry: High of candle, Stop: Trail with 20 EMA or Low of breakout candle, Target: 1:2 or trail NOTE: I am not SEBI...
STOCK: GHCL SETUP: Price is at an all-time high, hitting the same level after 2022 and nicely closed above the previous high, Volume is noticeably high PLAN:Entry: Above high of BO candle Stop: Low of BO candle Target: 1:2 or Trail NOTE: MANAGE YOUR RISK # FOR LEARNING PURPOSES ONLY
STOCK: DCAL SETUP: Price was hitting the same level of 250 to 260, gave breakout in 2024, and failed now price trading above recent swing. VOLUME: Volume is high PLAN: Entry: Above high volume candle 305 to 307, Stop: 255 to 250, Target: 1:2 NOTE: MANAGE YOUR RISK # FOR LEARNING PURPOSES ONLY NOTE: WILL NOT UPDATE ON SETUP, TAKE STOP OR TARGET
STOCK: ACE SETUP: The price continuously faced the resistance of the trendline. The level was tested four times, broke out a fifth time, and then the same level was retested. VOLUME: Volume is noticeably increased PLAN: Entry: Above high of the candle, 1536 STOP: Low of the candle or last swing, TARGET: 1:2 or 1:3 NOTE: Manage your risk # Keep...
STOCK: Finolex Industries Ltd. SETUP: The price was facing the same resistance since 2021 ie 245 to 260, and finally gave a break out on March 24, and tested the 350 level, price again at the same break out restest level, and Bullish RSI divergence is visible can reverse from the same level to test again 350 VOLUME: High volume visible PLAN: Entry:...
INDEX: Bank nifty LEARNING: 1. Bank Nifty has continuously supported the same trend line since 2020. 2. Bank nifty supported the same trend line almost six times. NOTE: For learning purposes
STOCK: GIRCE SETUP: All-time high break out with good consolidation VOLUME: Huge volume on Breakout candle PLAN:Entry: Above high of BO candle Stop: Low of BO candle (big SL or wait for retest) Target: Rounding bottom range ie around 750 or 1:2 or 1:3 NOTE: Manage your risk # For learning purposes only NOTE: Will not update on the same setup, Take...
STOCK: Bajaj healthcare ltd. SETUP: Multiyear Break out, Range Break out. Stock was facing resistance of 500 since 2022, now nicely given breakout with positive close VOLUME: Huge volume on Breakout candle PLAN: Entry: Above day high or wait for retest the 500 and find the entry with good R:R, STOP: low of the breakout candle i.e. 465 (stop is quite big...
STOCK: Vedanta Ltd. SETUP: The trend line and all-time high broke out. The Stock was near the same zone in 2010 and, after that, multiple times faced trendline resistance. PLAN: ENTRY: above weekly high 526, STOP: 480 (low of candle) or 430 (Swing low), TARGET: 1:2 or 1:3 NOTE: Manage your risk # Always keep your...
INDEX: Nifty PATTERN 1 : Head and Shoulder(Bearish) and Inverse Head and Shoulder(Bullish) PATTERN 2 : Support become Resistance PATTERN 1 : Marked in chart (Its not always perfect but its nicely visible) PATTERN 2 :Nifty was at support of 24800 was above that level or bouncing from same level 3 times and finely broke down that 24800 in Oct 24 and...
STOCK: Ashoka Buildcon SETUP: All time high breakout, Stock was facing 195 to 200 zone resistance since feb 24, Given breakout of level in June 24 with bullish close never traded below that level after breakout, Consolidation or accumulation going on after that breakout for almost six months, now stock again giving breakout of consolidation range after six...
STOCK: AFFLE SETUP: Two years of breakout after consolidation, retesting the breakout zone, and giving breakout after consolidations. VOLUME: Consolidation phase silent volume, Breakout with good volume , Restesing with lesser volume. PYCHOLOGY: Stock at ATH nobody is in fear, Consolidation for log period by big players that are not for small...
Stock: Five-star Stock given the Breakout with good volume after one and a half years. Nicely closed on breakout day and bullish close. Next-day entry triggered and consolidated for a few days. And look how it has broken the low of the breakout candle and not given a chance for the exit, and it's how breakout fails fast and furious So keeping SL...
Strong break out with volume at HEG Price was facing the resistance of the trend line around the 580 zone Break out after three years Always keep stop loss to manage your risk, Stop is part of the game For learning purposes # Manage your risk Will not update on the same script, Take stop or Target whatever hit first