Learning to catch High Probability Breakouts

[laotze]

BPCL is breakdown stock......

Nifty has also broken major level and trading..

Hindustan Unilever second breakout on the way to 1031....downside breakdown 861...

Watch....

 

[ethan hunt]

@Amitrandive

I think Ethan hunt was not asking or commenting in the direction of calls, as we all know the rules about SEBI (otherwise it has to be learned the hard way). I guess it was more meant in the dirction of what kind of tools do exist which give an allert on the trading platform or even through a software which can be used on our I-Phones or what so ever. I am not sure if an Excel file will inform me on the I-Phone or platform about any allerts?

Probably dear EH comments best with a post from him self.

Take care / Dan

Correct.

I have not / am not commenting on any of amitrandive trades or posts or his understanding etc.

I am frustrated at missing oppertunities due to non availability of correct resources/tools/terminals/platforms which aids in fast & alert based execution of trade etc.

Earlier ZT Nest had alerts facility but now it is withdrawn. It was very basic alert facility which only exported & did not import alerts list the next day. So you had to feed alerts afresh every day at the start of the market. Even that is not available now.

 

[amitrandive]

Correct.

I have not / am not commenting on any of amitrandive trades or posts or his understanding etc.

I am frustrated at missing oppertunities due to non availability of correct resources/tools/terminals/platforms which aids in fast & alert based execution of trade etc.

Earlier ZT Nest had alerts facility but now it is withdrawn. It was very basic alert facility which only exported & did not import alerts list the next day. So you had to feed alerts afresh every day at the start of the market. Even that is not available now.

Yes , I totally agree with you on this.
I had asked Zerodha to do this , wonder why it is not done still.

Till that time we have to use AFL to provide alerts.With that intention I had started a thread ,but no good solution found still.

http://www.traderji.com/amibroker/97250-price-alert-needed-2.html#post1044135

 

[amitrandive]

Two Trendline Setup

 

[amitrandive]

My Intraday trade in HclTech

 

[amitrandive]

Trade at 20 EMA pullback

5 Min Chart of LT on 15/1/2015

Albrooks always advocates trade @ 20 EMA pullback.
Similar trade in LT.

 

[amitrandive]

Breakout Analysis

Daily Chart of ZEEL

For Educational Purpose only

Zeel gave a breakout with intraday gain of 4.7%.
There is a resistance around 390 levels.Can give a good breakout beyond 390 levels.

 

[amitrandive]

Consolidation


A strong up trending stock TCS, currently stuck in a trading range.All stocks go through a consolidation phase after trending up or down.Sometimes the consolidation phase may last too long testing the patience of investors/traders.

But the longer the consolidation period the greater the breakout.

Daily chart of TCS

 

[amitrandive]

20 EMA and Resistance

Daily Chart of Coal India

Weekly Chart of Coal India

Daily chart of Coal India sideways in a band since July 2014.Weekly chart turning downward last week.
Weekly resistance zone of around 390 from the year 2011.So very significant zone.

Strong resistance around 390 levels.EMA 20 break on 9/1/2015.Strong signal to get out of longs.

News in Coal India of disinvestment makes the stock crash on 12/1/2015.

http://www.moneycontrol.com/news/lo...-3rd-day-hul-jumps-cilcairn-fall_1272530.html

Our charts already gave an exit on 9/1/2015.

Interesting to watch out for Coal India, whether it will go up or down from the resistance level after rising almost 3% intraday on 21/1/2015.

Daily Chart of Coal India.

 

[amitrandive]

Broke our support level.All metals took a heavy beating today.

Interesting watchout for CNXMetal.Chart shows a double bottom at an important support level.
Need to see if it bounces to a reversal or follows the trendline and goes down again.

Daily Chart of CNXMetal.