Prior uptrend No overhead supply left side Shake out weak hands Increased RS High volume on up days in base High volume Breakout
Prior uptrend 25 weeks long consolidation Strong sector Strong RS Dreied Volume during conolidation Tightness near resistance No overhead supply ABOVE 40 EMA RISING 40 EMA ENTRY ABOVE 8000 FOR CONSERVATIVE TRADER SL IS 20%
coiling on weekly volume decreases during consolidation Sales increasing QOQ very less overhead supply base on base. rising 40 EMA waiting for BO with good volume and RS for entry
Stage formation as per Sir Stan, check for volumes, RS uptrending and breakout with volume for entry .
Super tightness decrease in vol during base formation support at 50 EMA 2 times high RS
Swing trade in tata investment if breakout as per mark. Risk Reward is 2.11. Nice consolidation with dry volume
POSITIONAL opportunity in bajaj finserv with 1:6 RR, bounce from fibonicci 61.8% with VCP in symmetrical triangle.
Granules - A positional trade with RR approx 1:4, Rising relative strength, inverse head and shoulder pattern with no resistance on left side as the cmp is high of more than 2 years and above fib retracement of 61.8%. Breakout with good volume. Volume decreasing during formation of base.
Positional idea of somany ceramics with no overhead supply, accumulation of more than 2 yrs, breakout with volume, volume dry up during consolidation, high RS and good EPS
Pros - Very long base BO -Inv H&S -Huge Volume -Great results - Less overhead supply on left side -High RS - Stan weinstein's set up
Above 40 EMA Gap up on daily BO weekly BO on large volume Consolidation of more than 2 yrs No over head supply on left side Bumper results/EPS growing Increasing RS
Pros - Superresults -High RS -cheat entry sector tailwind -C&H on weekly - Tight weekly closing in base - Tight weekly closing in handle -Good RS -Good RR 7% Volume dry up in base
Pros - Near 52 wk/ATH -20% down from ATH -sector tailwind -High RS -Shakeout at MA -Support at 50 DMA -C&H OR VCP -consolidation of >2 months - Volume dryup in Base - New high in RS Cons: -Results on 18th -dividend on 18th
Pros -Prior uptrend -Weekly Base -reduced debt -Huge volumes on green days -Tight consolidation of 5 weeks in base -Low vol in base formation -Above 40 WEMA Cons: -Overhead supply -Low RS
previous resistance turned support with shakeout. Stock is in uptrend. Volume dried during consolidation. Relative strength increased. No overhead resistance on left side. Stock above 30 weekly moving average. RR more than 1:5 shake out at 30 wema. only parameter to be checked at weekly closing is Volume. if It will not be very high then all above points may be void
Momentum trade with stoploss 1580 and Target 1700. Disclaimer:only for self learning