Learning to catch High Probability Breakouts

[revendar]

Please be careful , it is nearing lifetime all high.

Will review at EOD based on close. will carry if future close < 492.
Though options lost premium

 

[amitrandive]

Will review at EOD based on close. will carry if future close < 492.
Though options lost premium

Future at 492 ???

 

[revendar]

Future at 492 ???

Sorry . 892. Typo

 

[nitingosavi]

Tata steel B/O?

broken out upward triangle.
Broken out Earlier Supply zone..
though futures chart . Volume consistently on higher side last few sessions.

Manoj ji's ADX rules if applied to daily charts.. looks valid.

still there are some resistances ahead. path is not so clear.
Lets see what happens.. in near future .

 

[revendar]

I see all energy stocks' charts bullish.
ADANI power up till 40. CESC, PFC, REC, NHPC also looks good.
Even NTPC is holds 148. Not sure about JSWenergy.

Any news round the corner?

 

[nitingosavi]

Just a ref chart of nifty fut.
no longs looks valid till 7853 passed.

on hourly chart 34/55 EMA negative crossover happened 55 EMA @ 7876.. may also act as a resistance.

 

[vikas2131]

I see all energy stocks' charts bullish.
ADANI power up till 40. CESC, PFC, REC, NHPC also looks good.
Even NTPC is holds 148. Not sure about JSWenergy.

Any news round the corner?

fight between saudi and iran could and war in syria could be the reason

 

[revendar]

fight between saudi and iran could and war in syria could be the reason

And how come technicals align so much to such a random event.
All stocks which I said were near weekly supports or started showing some strength. :!

 

[amitrandive]

fight between saudi and iran could and war in syria could be the reason

Vikasji

We should better concentrate on technicals instead of global political events

 

[revendar]

Vikasji

We should better concentrate on technicals instead of global political events

AmitJi,

I'm a pure technical trader. But like to relate news at times as well when entire sector shows something.