Learning to catch High Probability Breakouts

[vagar11]

 

[timepass]

So, what's nifty doing ? Is it a downsloping channel or some other pattern like a flag, pennant etc ??

 

[vijkris]

Hi amit ji,
Where are u? No posts since few weeks..

 

[vikas2131]

So, what's nifty doing ? Is it a downsloping channel or some other pattern like a flag, pennant etc ??

uploading pictures[/QUOTE]

 

[vagar11]

Force motor doing good today.

Fall in Alkem Labs. Will have to look the stock reaction if it comes down to trend line.

Touched the trend line today.

 

[niftyaajkal]

ALKEM, as per above posted chart
If fails to recover, then a big fall is on the cards.

As its a daily chart, so a caution is must, even if recovers.

My view only, and I may be wrong.

 

[vagar11]

ALKEM, as per above posted chart
If fails to recover, then a big fall is on the cards.

As its a daily chart, so a caution is must, even if recovers.

My view only, and I may be wrong.

I am gonna buy only if it rebounds and crosses the previous day high. It sure can go very low if it breaks the trend line.

 

[niftyaajkal]

I am gonna buy only if it rebounds and crosses the previous day high. It sure can go very low if it breaks the trend line.

why PDH, but PDH is at around 1760/70 Isnt it.

BTW, I may add that my views are not based on the trend line drawn on the chart.

 

[ntadi28]

Hi,
Can any one convert my strategy to AFL code.

Green = 100-number of periods since 50 day high/100*100;
Red = 100-number of periods since 50 day low/100*100

 

[sunny_cool]

DQE ~ DAILY

Breakout with good volume & also getting out of consolidation range. Can it be a nice fast move above the recent high ?? lets see