Learning to catch High Probability Breakouts

[amitrandive]

Stocks hitting 52 Week high today

Stocks hitting 52 Week high can do any of the following 3 things
1)Rise higher
2)Fall on profit booking
3)Run sideways

Analysis of yesterday's stocks
1)Asian Paints =Closed -1.2% down
2)Infratel=Closed -2.52% down
3)Coal India=Closed -1.81% down
4)Cummins Ind=Closed +16.71% up
5)Dabur India=Closed -0.02% Flat
6)Divis Lab=Closed +1.07% up
7)Dr Reddy's =Closed +2.22% up
8)GlaxoSmithKline=Closed -0.37% Flat
9)IndiaBull Housing=Closed +1.27% up
10)Maruti=Closed -0.39% Flat
11)MotherSon Sumi =Closed -5.2% down
12)MRF=Closed -1.17% down
13)Siemens =Closed +1.94% up
14)UPL=Closed -2.98% down
15)Zeel=Closed +0.3% flat

So there were some winners and some loosers.
But the best part is that we had to track only 15 stocks for today.Same applies for stocks hitting 52 Week lows.
Those who say "How to select stocks for Intraday trading tomorrow?".This is a very simple answer

Simple yet so powerful strategy !!!:clapping:

 

[amitrandive]

How Falling Crude Prices can Help Investors become Rich

http://www.traderji.com/technical-a...high-probability-breakouts-7.html#post1091362

The simplest of Intermarket analysis article was shared here around 8 months back and recently a few days ago.

Crude oil prices started falling in June

That lead to a good gain in the related stocks which are direclty linked to Crude oil.

Check out the expected winners in a 3 month Time frame .

Nilkamal and Relaxo footwear outperforming by a handsome margin .


Weekly Chart of Nilkamal

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Why do we need any complicated scanners to search good stocks ???

Weekly Chart of Nilkamal

Nilkamal just blasted off like a rocket .Broke 52 Week high this year on 15- 5-2015 @ 513.8,thereafter hitting 52 Week high continuously it closed today @ 1101.35

 

[ravi2126]

Amitji n senior members, I have one question...
if there is block deal (buy) in particular stock, should it indicates that today or tomorrow or in week it will go up??

 

[newuser_RK]

Today was a bad day for most of the small and midcaps. My portfolio was butured like anything....

 

[indianbank]

Today was a bad day for most of the small and midcaps. My portfolio was butured like anything....

Same here too...
out of 48 stocks .... 36 stocks closed in red....
Very sad thing is Castextech is continuously down circuit for past 15 days ...

But i am satisfied with over all performance of my bulls... Capital is up by 8% in 27 days... its a great performance of my bulls...:thumb:

 

[newuser_RK]

How much do you invest per stock? Why don't u move out of castextech?

 

[prst]

What is the stop loss and trailing stop tat u follow ?

 

[indianbank]

How much do you invest per stock? Why don't u move out of castextech?

recently i have increased my trading capital to 6 lakhs....
Castextech i am having 8000 rs...
i am planning a 60 stock portfolio.... lets see how it works:thumb:

 

[TraderRavi]

Today was a bad day for most of the small and midcaps. My portfolio was butured like anything....

and operators moved nifty to green.

 

[indianbank]

Crude oil has lost its grip... ... If this trend continues then we can see huge fall ....

(educational purpose not for any trades )