Learning to catch High Probability Breakouts

[vikas2131]

Nifty weekly.
looks like a ... say sorry to bulls.
I guess with or without a bounce a trip below 7000/7200 is likely.
\\ I am not a nifty fut trader | options sometimes \\
may be its a perfect downtrend.. but not in my trading time frame. ! I will have to wait for RSI(2) spikes.
plz don't look at volumes it erratic in my chart.

i feel same.. nifty may not touch 9000 for a long time...

 

[Rish]

Resolution for 2016

Catch minimum one of such stocks

Weekly chart of Symphony

Amit...

Keep Trent Ltd...in this category...i feel so...just my observation...

 

[amitrandive]

Amit...

Keep Trent Ltd...in this category...i feel so...just my observation...

Thanks Rish
Please do post charts of this and such other stocks when time permits.
:thumb:

 

[nitingosavi]

Tatasteel fut.

had a good 4% short trade today. but in options. futures already exited last week.
supply zone worked perfectly. now there r supports to watch for.
lets see bought small qty 240 puts. may be they will be zero small risk.

 

[nitingosavi]

Dr Reddy. Daily. Cash.

1. looks like bottoming for short term bounce. trend will be still down.
2. stochastic LTF & HTF extremely oversold. a profit booking may come.
3. Macd had a positive crossover but huge negative momentum yet. ultimately suggesting a rise will lead to a fall.
4. playing around 20 MA which is nearly 3030. a cross can have a rise.
5. last 12 days volume getting thin n thinner within a range.
6. down trend line is broken.

while looking at weekly charts.
1. may have a bounce.
2. any bounce if and near 3500/3600 must be sold.
3. downtrend is just started whatever bounce can be, will be just a correction in a down move. may be 2400-2000 levels might be tested.
and if 2400-2200 zone broken n sustained this stock is to be forgotten for may be a few years. actually this level looks like at 2700-2750, but my limited knowledge restrains me from making such comment.

so for now any daily WHITE bar with good volume may trigger a sizable up move. if not.. weekly possibilities may supersede daily charts s/l's, targets, corrective moves and will fall.

another hit. weekly chart worked perfect.
almost 100(3+%) Rs up. traded and booked this too. no guts to carry.

Drrreddy fut daily

 

[monkeybusiness]

No Sir ,please .We are all fellow traders.

Sad for investors who invested at the high.Fueled by pure speculation.Weak fundamentals.


Weekly chart

Amitbhai, can we name this pattern as "JELLY FISH" Pattern? It gallops from bottom of sea to surface and stings deadly poison into whoever coming in their vicinity.

 

[indianbank]

Amitbhai, can we name this pattern as "JELLY FISH" Pattern? It gallops from bottom of sea to surface and stings deadly poison into whoever coming in their vicinity.

Just now i have seen the above chart...

As Amit sir mentioned, Lots of Amateur traders capital would have blowed up by above stock.... so sad

 

[TRADELOADER]

No Sir ,please .We are all fellow traders.

Sad for investors who invested at the high.Fueled by pure speculation.Weak fundamentals.


Weekly chart

SIR, ye data aapko kaha se milla...:clapping:
pls guide me

 

[amitrandive]

SIR, ye data aapko kaha se milla...:clapping:
pls guide me

This is a paid website

http://www.mon eyw orks4me.com
(please remove spaces)

 

[karthik_sri]

Hello Members,
Just posting chart of Ambujacem...
Making sideways and today with doji with increase in volume!! to watch action tomm Up or Down!