I noticed already but missed to give it before breakout.well price seems bullish (well market is in indiscion mode) before budget.so put less capital .price is above 200 MA. Volumes are rising so go long with 5% sl but keep in mind not with much capital.
Price is forming triangle , volumes are coming, price is is above 200MA right now. Price may give intra move tomorrow as price is on verge of breakout. Keep in radar for both intra and postional move.
Note- Right now market is not in fully bull mode. Its showing correction may come any time or it may be retracement so don't put full capital(which u want to deploy ) .
Price has formed channel and triangle and broken above 200 MA, with volumes showing bullish sign.first target i see 500 , there is quality buying whenever bulls appear in traingle.with sl -10% postionally.
Stock may perform same like pel in intraday also .need wide bull spread closing same like pel to go long postionally. Price has broken falling channel , price is above 200MA, bulls volumes are coming,we have not seen quality buying in whole channel, but quality buying is there.
Banknifty is making a wide bull spread like most of the bank chart. It grasped three days selling in a day.seems like highly bullish but it smells like something bigger is coming , market may reverse soon. Banks seems have fuel for 15-20 % upmove before they make reverse so banknifty. Notice banks bob , idfc, canara most of are making same candles with volume. So...
Stock has broken falling channel and curently holding the level.we need wide bull spread closing with volume to take postion with 5%sl. Price is above 200MA. I never consider profit target. I always find weakness to exit from trade untill you don't see weakness hold the postion. Bcoz target is hard to predict (market is supreme) Hare Krishna
Note- everyone is...
I was waiting to break the wadge , yesterday was not clear but today closing is clear with volume rising, price is also making flag pole, price is above 20pMA(bullish sign) price also has broken resistance. I was expecting waves to complete.but demand came early and stock broke the pattern.
Our previous level was 54.80 , when price broke rounding bottom, price rise and retested the level with poor selling. Now bull risen with volume. Price is above 200MA, it can be taken postionally long with 10% sl( there is no swing low near by )
Market is right now in bubble like tesla , stocks are rising and making all time high. But it smells like a correct is gonna come soon. So my advice is book your 80% postion and keep tighten sl for 20% holding.this is what i am seeing right now.
Price is forming rounding bottom, weekly closing above 24.35 may lead better upmove almost 80-90%. This is higest risky bet i am publicing till today. Price is above 200MA(sign of bullishness) in day TF.market is bullish right now .volumes are better of bull then bears.take small quantity as it is little risky.
Price has broken triangle, above 200MA, volumes risen, but showing shooting star in bull market. It may test last swing low. Or may travel without testing .its bit risky. If low then 10% sl or wait to sustain or let it show next hint to go long.
Price has broken the pattern and sustained (a big bull candle) last two bears showing volumes decereasing .bears given up . There is no quality selling not quality buying . But we will bet bcoz price is above 200 MA, and break with volume and increasing volumes.
Nifty it is showing price retraced lil bit and made a strong bull which opeded higher(strong demand) and closed above all last three candles .we can notice 4 IT companies showing same pattern and strongly bullish. Take postion in - LTI, HCL,infoysis and Mindtree.
Watch my other idea . You can sucess rate. Either u invest or not just observ to learn. All ideas...