trendtrader06

trendtrader06

Biocon long term cash trade Long term trend breakout RS turning positive Strong weekly volume breakout RSI crossing 60 Breaking 52w high One can Trade with SL of 244

trendtrader06

Price took support at previous swing and after multiple shakeouts started going up again RSI also gave a breakout Earnings reaction is over and price broke minor swing Can go long at 443.75 with 414.60 SL and 473.05 Tgt

trendtrader06

Index is still consolidating in raising wedge pattern But RSI is giving divergence which hints towards limited bullishness If raising wedge is broken broken on upside with RSI trendline breakout it would bring strong rally

trendtrader06 Updated 

Raising RS on Weekly and Daily 50DC break along with RS line Breakout can bring Amazing Momentum SL 143 1st Tgt 159.7

trendtrader06 Updated 

Breaking 7 days range with above average volumes CMF and RS also giving trendline Breakouts Minor shakeout when stock broke 116.9 ST also turning to Buy

trendtrader06 Updated 

Price breaks trendline and retests previous resistance and gives a breakout High Volumes in recent up move shows decent accumulation RSI greater than 60 RS almost about to cross to positive Can be bought with 2245.60 SL

trendtrader06

Major Trend line breakout, SuperTrend turned buy then again pulled back took support from ST and broke minor trendline with good volumes RS is positive RSI crossing 60 Momentum is positive and above MA Volumes on down days are extremely contracted Can be bought with SL 59.55 with tgts of 1R and even 84

trendtrader06

We can see volatility getting contracted as corrections are getting smaller and smaller There was a high volume rejection from super trend but that candle is been negated now Super trend turning positive Relative Strength is positive RSI breaking trendline and crossing 60 can be traded with 274.4 SL

trendtrader06

Faced multiple rejections at ATH that too with good volumes but did not follow through RS became positive and Raising RSI is strong Sector is one of the strongest right now With SL 608.7 one can trade for 1R and then trail using ST

trendtrader06 Updated 

From a very narrow range price gave a breakout on the upside on above avg volume Did not sustain above resistance from previous swing low Price fell after fake breakout and now below both short term and long term moving avg also below previous narrow range can target 1R towards 2150 as market breadth is still not negative

trendtrader06

Volatility and Volume Contraction on Daily Charts and Price breaking with strong volume RSI going above 60 Momentum indicator going above avg line Relative strength is strong Price broke Super Trend as well Looks ripe for strong upthrust Can Be bought with 209 SL and 290 1st tgt

trendtrader06

Price attempted to break previous swing low of 152 but faced rejection each time Relative strength becoming positive Momentum indicators showing strength Prices may test 50DC levels and move beyond

trendtrader06 Updated 

Weekly VCP support from 50 ema Daily breakout with strong RS High volumes in last 2 days Can be traded for 1067 tgt with SL closing below 975 Half qty can be trailed using ST 10.2 as positional trade

trendtrader06 Updated 

Prices went about moving averages but fell from major S/R zone which was also very near to POC of Volume Profile for current downtrend Prices are below value area and rejection from moving averages on 18th as well suggests further fall for the stock one can trade with 1R as initial tgt and eventually aiming 343 levels

trendtrader06 Updated 

Strong RS Stock breaking out of consolidation near ST Buy 4003 SL 3843 with 1RR as 1st Tgt

trendtrader06 Updated 

Price taking support on trendline after breaking the same breakout of narrow range with good volume strong relative outperformance on daily and weekly chart sl 437.35 and tgt 475.45

trendtrader06

shakeout at 6283 ST in sell RS line going below zero CMF also going negative

trendtrader06 Updated 

Weekly and daily strong RS Daily trend line break Price taking support from weekly 8ema Long at 3810 sl 3586 tgt 4070