Learning to catch High Probability Breakouts

[nitingosavi]

looks like 7920--7980/90---8055
tough hurdles on spot nifty if it cannot pass 8055(monthly high) downside scope open up to----7660-7480

lets wait and watch.
no positions as of now for new month may be tomorrow after RBI policy

 

[anil_s_trivedi]

Attaching a monthly chart.See the picture and performance.
The picture says its all.IN 11 years of listing on the exchange , it has gone nowhere.

Monthly Chart of Trident.

There's always a reason why some stocks still in a range and some are flying. We as a retail investors just needed to focus on good ones.

Similarly, there's always a reason why some stocks trade at Rs.10-20 and some at Rs.100-200....There are retail investors who had latched JP asso, Suzlon, unitech ..educomps....they may/maynot fly...i dont know, but i know certainly, they are '****' as of now...So dont waste time/money on these stocks, there are opportunities in the market...Always...

 

[amitrandive]

Spot Nifty

Daily Chart of Spot Nifty

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

Nifty meandering between support and resistance without any clear cut trend.Closing below 20EMA ,hence weakness seen.

 

[nitingosavi]

7727 and then 7666-7660 major sup for nifty spot
banknifty may test 16634-16700 as that is support.

I can be wrong but maruti may witness a major short term reversal today. below 4547 in fut I think its weak and 4472 is next sup and confirmation.

 

[indianbank]

Dont initiate any new long positions... market sentiments are weak... It may take months for bulls to recover from this bad situation.....
Weakening of INR against USD is most worrying...

 

[ravi2126]

ANIL'JI N AMIT'JI your view n analysis on sintex....plsss
As i m seeing strength on week n daily(RSI WAS PROBLEM I THINK ON DAILY CHART) basis,
Well above 20,50,100 SMA...NEED UR GUIDANCE

 

[amitrandive]

ANIL'JI N AMIT'JI your view n analysis on sintex....plsss
As i m seeing strength on week n daily(RSI WAS PROBLEM I THINK ON DAILY CHART) basis,
Well above 20,50,100 SMA...NEED UR GUIDANCE

Sintex

Weekly Chart of Sintex

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

Stocks looks good on Daily and Weekly Charts.
It needs to cross the white trendlines for strength.

The White trendlines are Monthly lines.

 

[nitingosavi]

was trying to search some buy in banking stocks.

many of them not even passed prev day high, but if aggressively, many can be bought above day before yesterday's close or high. if they fallen from last 4 days range, they will be falling more. SBI/CANBANK are better than others if they really have to rise till then "OM SHANTI".

Mcleodruss daily.

looks promising to me. looks like valid double bottom. taking sup and bouncing from channel bottom. volume is fairly comfortable.

posted for study purpose only. don't treat it as any buy/sell reco.

 

[nitingosavi]

17630-17680 res zone for banknifty fut (?)

 

[vikas2131]

I do not think rally is going to sustain at all. BANKS are down already...