srini_charts

srini_charts Updated 

Analysis for educational purposes only. I am not a registered analyst. A Higher High Higher Low structure on price action is considered as an uptrend. - In the weekly chart, we see a breakout of previous Higher High. - Higher High is retested which is an ideal entry point. - Set SL as previous HL or in cases where there are other lows close by, choose the lowest...

srini_charts Updated 

Analysis for educational purposes only. I am not a registered analyst. - In the weeklychart, we see a breakout of HH - HH is retested which is an ideal entry point. - Set SL as previous low or in cases where there are other lows close by, choose the lowest one. - Calculate the possible loss assuming the stock hits SL - If you are OK with the calculated loss,...

srini_charts

Analysis for educational purposes only. I am not a registered analyst. First part contains a hindsight analysis Second part contains info on a possible re-entry if ATH is retested. - In the weeklychart, we see a breakout of HH - HH is retested which is an ideal entry point. - Set SL as previous low or in cases where there are other lows close by, choose the...

srini_charts

Analysis for educational purposes only. I am not a registered analyst. - In the weekly chart, we see a breakout of previous HH - HH is retested which is an ideal entry point. - Set SL as previous low or in cases where there are other lows close by, choose the lowest one. - Calculate the possible loss assuming the stock hits SL - If you are OK with the calculated...

srini_charts

Analysis for educational purposes only. I am not a registered analyst. - In the Daily chart, we see a breakout of All Time High (ATH). - ATH is retested which is an ideal entry point. - Set SL as previous low or in cases where there are other lows close by, choose the lowest one. - Calculate the possible loss assuming the stock hits SL - If you are OK with the...

srini_charts

Analysis for educational purposes only. I am not a registered analyst. If the risk reward is not favorable, I tend to wait for the stock to come down to my price. This could lead to missing a possible rally, but for me, I better miss the rally than enter at a time where the possibility of loss could be higher. A Higher High Higher Low structure on price action...

srini_charts Updated 

Analysis for educational purposes only. I am not a registered analyst. This is continuation of: Target reached today 24th Jan. what next? Possible options: - exit fully - exit partially How to plan for exit? - Is there another target nearby? Yes there is. Join previous HH in monthly chart. - Do we see a breakout in another timeframe? Price is close to...

srini_charts Updated 

Analysis for educational purposes only. I am not a registered analyst. A Higher High Higher Low structure on price action is considered as an uptrend. - In the daily chart, we see a breakout of previous Higher High. - Higher High retested and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in cases...

srini_charts Updated 

Analysis for educational purposes only. I am not a registered analyst. This is an update of:

srini_charts

Analysis for educational purposes only. I am not a registered analyst. - In the Daily chart, we see a breakout of All Time High (ATH). - Higher High is retested which is an ideal entry point. - Set SL as previous low or in cases where there are other lows close by, choose the lowest one. - Calculate the possible loss assuming the stock hits SL - If you are OK...

srini_charts

Analysis for educational purposes only. I am not a registered analyst. A Higher High Higher Low structure on price action is considered as an uptrend. - In the Daily chart, we see a breakout of previous Higher High. - Higher High is retested which is an ideal entry point. - Set SL as previous HL or in cases where there are other lows close by, choose the lowest...

srini_charts Updated 

Analysis for educational purposes only. I am not a registered analyst. A Higher High Higher Low structure on price action is considered as an uptrend. - In the daily chart, we see a breakout of previous Higher High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in...

srini_charts

Analysis for educational purposes only. I am not a registered analyst. Joined previous Higher Highs to get a trend line. - Price closed above the trend line - Region between close & previous HH is the entry zone. We cannot expect a stock to test the exact same value. - Used Relative Strength to check if the stock is doing better than Nifty - DMI+ making Higher...

srini_charts

This is another example where following rules led to loss, but this loss was much better than the loss that would have happened if we held on to the stock. Since, I do not know any holy grail strategy that can always result in a profit, I prefer to follow a set of rules consistently.

srini_charts

This analysis was to showcase the importance of sticking to the rules. As per all our previous charts, we intend to exit when there is a close below previous HL. By following the entry and exit rules, it would have been possible to stay away from this stock where it did not move much on the upper side.

srini_charts

A Higher High Higher Low structure on price action is considered as an uptrend. - In the Monthly chart, identify the first break of Higher High after a Lower High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in cases where there are other lows close by, choose the...

srini_charts

Analysis for educational purposes only. I am not a registered analyst. A Higher High Higher Low structure on price action is considered as an uptrend. - In the daily chart, we see a breakout of previous Higher High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in...

srini_charts

A Higher High Higher Low structure on price action is considered as an uptrend. - In the weekly chart, identify the first break of Higher High after a Lower High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in cases where there are other lows close by, choose the...