Learning to catch High Probability Breakouts

[amitrandive]

MothersonSumi

Daily Chart of MothersonSumi

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

A fantastic uptrending stock MothersonSumi, caught in a correction falling and breaching a weekly support level.
Falling by -8% today.

Daily Chart of MothersonSumi

MotherSumi crashing down today also by -7.7%

Daily Chart of MothersonSumi

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

Weakness dragging MotherSumi down.
Today this along with other stocks shot up after reaching a weekly support level.
Closing @ +6% today.

 

[amitrandive]

Nifty

Daily Chart of Nifty

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

Interesting day today for Nifty which has now penetrated the resistance zone.
Need to see whether this uptrend continues from here.

 

[indianbank]

today's move is positive for bulls.... I will be starting my bull run soon... Breakouts will be posted...

 

[indianbank]

Two bull breakouts 6th october 2015
-------------------------

 

[TraderRavi]

Daily Chart of MothersonSumi

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

Weakness dragging MotherSumi down.
Today this along with other stocks shot up after reaching a weekly support level.
Closing @ +6% today.

I have some put positions on last Q result day , when it was @ 370 - 80 level but it did not fell much after gap down , not followed after , but as per charts it fell very much afterwards

 

[nitingosavi]

yesbank .fut daily

774-760 zone looks tough to cross.
downside .. may be 660 or lows retest(?)

today I have shorted fut yesbank exactly @ 760 lets see what actually happens

 

[nitingosavi]

a possible break down....
axis bank. daily fut chart.

unless it crosses 524-535 zone............... near 430 or more is easily possible !

...

similar one axisbank.. sold near days todays 518-519 high and holding

 

[TraderRavi]

MARUTI ~ DAILY

Can it be a good sell below yesterday candle's low? SL can be High of same candle on closing basis

seems you caught a good move

 

[sunny_cool]

Yeah :thumb: both Maruti & Bharti meet my target of 21 EMA....Still holding Maruti as high volume on 5 oct make me hold it...Now 21 EMA is my SL

seems you caught a good move

 

[Sunnyraj]

Yeah :thumb: both Maruti & Bharti meet my target of 21 EMA....Still holding Maruti as high volume on 5 oct make me hold it...Now 21 EMA is my SL

Hello sunny_cool , do you trade only on daily charts or on intraday time frames also like 5-10 mins ?