Learning to catch High Probability Breakouts

[indianbank]

Now i hold seven stocks... all 52 week breakouts....
1.ashokleyland 2.trident 3.kwality 4.fcel 5.tvs ele 6.FSL 7.Bal pharma

profit/loss = -174

(target is 50000 rs... Target is very far now... lets see how many days it takes to reach it)

 

[amitrandive]

Now i hold seven stocks... all 52 week breakouts....
1.ashokleyland 2.trident 3.kwality 4.fcel 5.tvs ele 6.FSL 7.Bal pharma

profit/loss = -174

(target is 50000 rs... Target is very far now... lets see how many days it takes to reach it)

SirJi

How do you calculate the target ?
Have you fixed a round figure and let the market decide?

 

[amitrandive]

Daily Chart of Nifty

Nifty exhibiting weakness and falling below the daily resistance zone.

 

[nitingosavi]

I will surely short this ..

TVSmotors daily

short upto 305 I hope 310.311 is difficult.
3 touch points to upper trend line.. and reversal.. rings a bell !

though may not be a big trade.. 276..262 not impossible !

Imp lvls as [er my view markered on chart...... I am sure its a bear.

update
took more time than expected

 

[indianbank]

Coming days we have to watch some imp market activities
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Following things can favor bears
------------------------------------------
1.Doller is getting much stronger against Indian RS
2.Fed rate hike
3.Yuvan (chinese currency ) devaluation ....( chinese govt can devaluate yuvan in coming days...this should be closely watched)
4.Uncertanity between Russia and Turkey...
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Modi is the only word favoring bulls .....

 

[Rish]

Coming days we have to watch some imp market activities
----------------------------------------------------------------------
Following things can favor bears
------------------------------------------
1.Doller is getting much stronger against Indian RS
2.Fed rate hike
3.Yuvan (chinese currency ) devaluation ....( chinese govt can devaluate yuvan in coming days...this should be closely watched)
4.Uncertanity between Russia and Turkey...
----------------------------------------------------------

Modi is the only word favoring bulls .....

Apart from Market Activities....chart pattern says different..downside..

 

[amitrandive]

Coming days we have to watch some imp market activities
----------------------------------------------------------------------
Following things can favor bears
------------------------------------------
1.Doller is getting much stronger against Indian RS
2.Fed rate hike
3.Yuvan (chinese currency ) devaluation ....( chinese govt can devaluate yuvan in coming days...this should be closely watched)
4.Uncertanity between Russia and Turkey...
----------------------------------------------------------

Modi is the only word favoring bulls .....

Apart from Market Activities....chart pattern says different..downside..

Yes , Rish totally agree with you.

We do not trade the macro-economic data or politics.
We trade the charts and price action.

 

[amitrandive]

 

[indianbank]

Hi friends... my unrealised profit/loss= - 954 Rs.

 

[indianbank]

Two 52 week breakouts... weekly charts....
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