Learning to catch High Probability Breakouts

[sabhlok_r]

Watchlist

BharatiArtl-I

Long

Amit, good picks. Any target and sl in arvind and airtel?...also time frame for the same..

 

[amitrandive]

Amit, good picks. Any target and sl in arvind and airtel?...also time frame for the same..

sabhlok_r

Will post charts for this.Generally do not keep a time frame.Like to keep it simple.Also builds in a discipline of trailing a stop loss and watching regularly.

Stop for Arvind is 160 and for Bharti is 300.

 

[anilnegi]

Very good thread started by you amit, well done

just a question, although bharti looks to be a good candidate of buying once crosses 350 but why would you choose arvind its going start up without any resistance/support.

thanks

 

[amitrandive]

Very good thread started by you amit, well done

just a question, although bharti looks to be a good candidate of buying once crosses 350 but why would you choose arvind its going start up without any resistance/support.

thanks

AnilJi

Thanks for your appreciation.

I totally agree with you that Arvind has no support/resistance to trade on.

I have attached a monthly chart of Arvind with a 10 month Moving average.
The breakouts I have indicated are worth trading,also we will have strict stop losses in place while making these trades.

Also a Daily chart shows bounce off the 140 level and a pin bar at the 180 level.In a bull market any and all stocks join the investor euphoria and give returns with or without any change in the fundamentals.Then I may be wrong also,that the market will decide.

Who knows Arvind might be one of those stocks like Auropharma,Adanient,etc in which investors/traders start participating only after they give strong breakouts/trends.


Arvind(Spot) Monthly Chart

Arvind(Spot) Daily Chart

 

[amitrandive]

Latest Position

 

[amitrandive]

Latest Position

BPCL really taking off !!!
Arvind and Bharti also doing good.
:clapping:

 

[amitrandive]

Stocks that are likely to benefit from Narendra Modi-led government's economic agenda
Read more at:
http://articles.economictimes.india...nt-president-pranab-mukherjee-economic-agenda

 

[Shantala]

Arvind flying

 

[amitrandive]

Latest Position

BPCL doing good ,but looks like profit booking is near.
Arvind still holding good.
Bharti whipsawing around.

 

[anilnegi]

A Trade that simply ran away from hands but still can be playable keeping in mind volume, your input Amit bhai