Learning to catch High Probability Breakouts

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nitingosavi

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Bharatforge
not confirmed about bottom. but intensity of fall is fading a falling wedge is forming.
a downtrend line has broken upwards and retested.
a good white candle today.. and outside bar Hope !
big res zone ahead 895-898 if crossed we r in rgt trade.

may be short term bottom in place. at least 934 should come.

 

nitingosavi

Well-Known Member
IOC

Not sure abt Bigger up move. lekin chota to aa sakta hai .
but if immediate res 414..2 passed very good upside may be seen in immediate future.
below 390 I think stock will not be worth for a long.

 

nitingosavi

Well-Known Member
Yesbank
another probable short term bull. because I still not able to digest that we r in bear mode.
upward triangle.
bouncing from sup with a big white candle. 780 is 1st hurdle, tough, I guess its likely to get crossed or tested.. if crossed probability on chart.

 

vikas2131

Well-Known Member
Yesbank
another probable short term bull. because I still not able to digest that we r in bear mode.
upward triangle.
bouncing from sup with a big white candle. 780 is 1st hurdle, tough, I guess its likely to get crossed or tested.. if crossed probability on chart.

was looking at it today... certainly worth buying once bottom formed
 

indianbank

Well-Known Member
Hi friends....
*** Happy Diwali**
I Wish u and your family a very happy diwali & prosperous new year. May God fulfill all your wishes in wealth, health & happiness in your life......

If we analyze current market situation then we can see bulls have lost its energy ... but this is not a bear market either....
i have sold all my holdings from equity market because there is no point in keeping money in a non performing market..... we have to choose some other instruments like commodities /agro commd...

current situation ...Bulls will get strength only if nifty crosses 8300 level... Lets wait and watch...
 
Union Bank breaks its resistance of 165. If sustains, I guess 180 is within sight. If not, then maybe another period of sideways. The volumes have been reducing since last 2-3 sessions.

UNION BANK OF INDIA - double bottom seen in daily chart. Met downtrend line resistance at 167 and closed at around 161. Needs a close above 167 to confirm bounce back from 154. We could be in for big W too !
 
UNION BANK OF INDIA - double bottom seen in daily chart. Met downtrend line resistance at 167 and closed at around 161. Needs a close above 167 to confirm bounce back from 154. We could be in for big W too !
Here is another way of looking at it :(

 
gap down and fall will lead me to hell. !

probabilities...

sorry.. I am long I may have to book loss near tom/day after tom close.

its weekly chart..



posted in general trading chat too.

monthly chart.... also helds some support zone near weekly HNS tgt



I am not giving a trading call. those are just probabilities... till now I am happy with Drreddys short but... there is a buy call from anirudhdha sethi in drreddys.
 
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