Learning to catch High Probability Breakouts

[indianbank]

Hi friends ....
i am holding my 6 bulls so tight.... i want to add more stocks in my list... it depends on market performance..... Lets see how market performs in coming days....

 

[nitingosavi]

SBI may fly 250-255-270 if 240 -238 zone remains protected in futures.

PNB may fly if 136-135 zone in future remain protected.

Bhel showing good strength just a hurdle @ 206.75 in cash.

BPCL hurdle @ 875-78 zone support @ 843-842 zone in cash. possibly bearish. big bear for coming week (?)

tatasteel a red/black candle may force it to correct upto 315/306 zone in cash.

LT I am confused may be 1480-1500 if comes will be a great great buying opportunity.

indusind bank looks good until 933 protected in cash.

this is just my study on EOD chart. can be good winners for short-term or big failures. don't treat it as trading suggestions.

have a good day !

 

[indianbank]

Hi friends.... Market sentiments are good for bulls...
Future brand companies are looking good for long term...

 

[amitrandive]

Spot Nifty ideal trades for today.


5 Min Chart of Spot Nifty

 

[amitrandive]

Nifty

Daily Chart of Spot Nifty

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

Nifty breaking the resistance zone it had formed from August 24 to Sept 30 and entereing a new zone.

Closing today on a Slightly bullish doji.
Indus Ind starting the results season today.

Infy results on Monday,will start the results of the biggies .

 

[amitrandive]

Infy

Daily Chart of Infy

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

Infy closing +3% up today around a resistance level.Quarterly results on Monday.

Need to see price action on Monday which will set the tome for Infy's price action till next results.

 

[amitrandive]

IndusInd

Daily Chart of IndusInd

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

IndusInd closing flat on positive results today.
Good uptrending stock currently stuck in a sideways band.

 

[Esse]

Dear Amit,
Pl give your analysis of tata motors and tata steel.
Thanks in advance

 

[amitrandive]

Dear Amit,
Pl give your analysis of tata motors and tata steel.
Thanks in advance

TataMotors

Daily Chart of TataMotors

TataSteel

Daily Chart of TataSteel

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

TataMotors and Tatasteel , both similar looking charts in a strong downtrend.
Recently both witnessing a bounce from the support levels.

Unless they break the weekly channel trendline,they are always short on rallies.

I usually like to go long on a stock only when the weekly trendlines are sloping upwards.This gives better risk reward ratio.

Discalimer: This is not a trading call.For educational purpose only.

 

[nitingosavi]

I usually like to go long on a stock only when the weekly trendlines are sloping upwards.This gives better risk reward ratio.

good .. I got a new thing to observe/learn