Learning to catch High Probability Breakouts

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amitrandive

Well-Known Member
TechM

Daily Chart of TechM


Weekly Trendlines/Support/Resistance=Blue Colour
Daily Trendlines/Support/Resistance=Yellow Colour

A Classic example of how profits are eroded if not you do not have an exit plan.
A very strong stock TechM,starts downtrend and reaches the level of 470 from 750 in 6 months.

Circled areas are areas of exit/profit booking/shorting.
 

anilnegi

Well-Known Member
RCOM daily cash.

A probability...(?) will look to buy above 68.xx or on dips towards 63.xx s/l unknown :confused:

Pathetic stock and worst pathetic management, this ambani brother are money sucker of public, dont ever buy their stocks.
 

amitrandive

Well-Known Member
Hi Amit.
Whats your analysis on Brooks Lab. It's starting to show upward movement after a long time.

Tx
B
I would really stay out of this stock.The reason is if you see , this stock on 5/9/2011 opened Rs 100,made a high of 131.6 and made a low of 58.5 , all on the same day.

It then remained supressed till mid 2014, below rs 25.Started peaking around mid of 2014, in the bull market,not due to its own strength.

Attaching a weekly chart for your analysis.Be careful if you want to go long in this stock,preferable exit at break of channel.


Weekly chart of Brooks Lab


 

PUCHU_2500

Well-Known Member
amit, pls, check your PM. For the first I have sent a PM.....there may be some wrong/error.......pls, check and let me know......
thanks
 
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