Strong #Breakout #Stocks!

⚡️#JUBLFOOD
⚡️#MSTC
⚡️#MOL
⚡️#ASTRAMICRO

Keep on Radar.

What is your Breakout stock pick ???

For more such trades setups and charts, join #Telegram Channel⤵️

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Ever wonder why a price corrects after opening gap up or price moves up after a dip.
Have you noticed this in stock market?

This phenomenon is called Climax.

This thread would on
"How to trade Climax"

Like 👍& Retweet 🔄for wider reach and for more such learning thread.

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So far, nobody shared or discussed Climax phenomenon and this was just a mere observation for us.

If you haven't seen any example of climax yet, then let's see an example:
This happened with Tata Steel today in intraday today.

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Climax is the last/ending phase of the trend in stock market.

There are two types of climax based on the trend in market:
1. Bullish Climax
2. Bearish Climax

Shared example of both below.

Let's dig into each of these and see what would be a trading setup.

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Bullish Climax:
As name suggests, it is the ending phase of bullish move/trend. After this price starts downtrend.

Setup:
1. Price should open gap up by over 2%
2. Mark mid point of opening candle. Go short if price is below this.
3. Opening candle's high would be stoploss

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Use this climax trading setup only in #Intraday and use 5 mins time frame chart.

Let's see an example of a bullish climax that happened in Tata Steel today.

Entry got triggered (1317) at 9:20pm when the candle was below the reference point. Trailing SL got hit at 1286.

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Here is what YOU should know about BREAKOUTS before you lose money on them !

A free FAILED BREAKOUT analysis for you - 🧵

A technical analysis term, used to show a rise in a stock’s price above its resistance level (such as its previous high price) or drop below its support level (commonly the last lowest price.)

The assumption is that the stock will continue to move in the same direction following the breakout, which generates a buy or sell signal.

Trading breakouts is an excellent trading strategy that involves buying or selling an asset after a long period of consolidation.

However, the biggest risk of trading a breakout is when the price suddenly reverses, in what is known as a false breakout. In this report, we will look at what a false breakout is, how you can identify it, and how you can use it in the market.

Let's look at plenty of False Breakout Examples ⚡️
1. #INFIBEAM ⚡️
We saw a top out pattern, interesting part is the candle that gave a top was a heavy buying candle. No follow-up and stock is down nearly 30%.

I’ve went from knowing nothing about Trading to currently mentoring 400+ people!

30,000+ hours of experience summed up in 30 lessons.

A thread🧵

1/
The amount of time you spend in the market trading/investing will always give you more insights than reading 100s of books

2/
If you treat markets as a sole income generator, your chances of underperformance due to compulsion of income generation will always be higher !

3/
4-5% a month is always better than chasing unlimited downside risk strategies that promise you 40-50%

4/
Your chances of making money in a stock sitting near 52wk high will always be more than a stock sitting at 52wk low

BO Soon Candidate!

1- Redington
2- Naukri
3- Jubilant Food
4- AU Small Bank

Keep on Radar.
Getting Ready for Breakout!

#JublFood (CMP 3144) #BUY_Trade

Is it good time to order Pizza on weekdays....?

@flyingvikas129 @dtbhat

#JUBLFOOD
Broadening trendlines along with price volume action towards the upside.

Above the price band of 3810-3830; Longs can be placed for a target of 3900 followed by 3980.

#StockMarket #StocksInFocus