Learning to catch High Probability Breakouts

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amitrandive

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amit , mostly seen you trading in nifty options, do you trade in stocks too , if yes intraday or swing or investing mode ?
BTW this thread is very good for breakout stocks.
Ravibhai

I do trade in stocks ,intraday ,investing and swing all.

Yesterday Nifty was range bound and hit my stop loss 2 times.

I shorted Hcltech and recovered my losses :D
 

amitrandive

Well-Known Member
Spot Nifty

Daily Chart of Spot Nifty

Weekly Trendlines/Support/Resistance=Blue Colour
Daily Trendlines/Support/Resistance=Yellow Colour

Nifty opening bang on resistance and falling down.Finally recovered at the end of the day .Currently stuck in sideways range
 

amitrandive

Well-Known Member
Spot Bank Nifty

Daily Chart of Spot Bank Nifty

Weekly Trendlines/Support/Resistance=Blue Colour
Daily Trendlines/Support/Resistance=Yellow Colour

Bank Nifty opening in weekly resistance and closing positively inside the zone.Stuck in a sideways range.Both Indices showing opposite trends today.
 
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amitrandive

Well-Known Member
Reliance

MonthlyChart of Reliance


Weekly Trendlines/Support/Resistance=Blue Colour
Daily Trendlines/Support/Resistance=Yellow Colour

Will Reliance wake up and spurt above 1200,its resistance band since so many years or will it continue its range bound pattern ?
 

amitrandive

Well-Known Member
CNXPSU BANK

Daily Chart of CNXPSU BANK


Weekly Trendlines/Support/Resistance=Blue Colour
Daily Trendlines/Support/Resistance=Yellow Colour

All PSU banks in a strong downtrend , have they started reversing or is it just a short covering ?
 

amitrandive

Well-Known Member
ShilpaMed

Daily Chart of ShilpaMed


Weekly Trendlines/Support/Resistance=Blue Colour
Daily Trendlines/Support/Resistance=Yellow Colour

Just posted Shilpa Med Chart to show breakout and target achieved on the same day.

Closing @ +20% today.
 
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