mitesh_patil_3999

mitesh_patil_3999

We see that there is very perfect breakout trade. we have to find a best price for to get our entry. When we get a perfect trade we have also look for our exit plan because when market will not in our favour we have remove the position & then try to buy in deep.

mitesh_patil_3999

1:- we have draw first a neat and clear visible to us that trendline is following the pivots. 2:- Then we have check breakout has given a proper green candle breakout. 3:- See the Risk of the trade & Target. 4:- Follow the proper rules until price will come to our entry point then we can make entry otherwise we should avoid that Trades. Follow me for such...

mitesh_patil_3999

As you see on the chart price is stuck in a rectangle pattern so wee should look for a long trade because price want to go in long directional trade . But we need to know that what should we our proper entry and exit , without knowing target and exit we shouldn't enter in such type of trade . we have to protect our capital also then we survive in this journey of...

mitesh_patil_3999

As i told you in CEAT trade that there is rectangle pattern breakout. All you can see that our target has been done in only 4-5 days.

mitesh_patil_3999

As i told you that Target has been done. Our technical anyalsis has gone proper.

mitesh_patil_3999

Today we will learn some a simple breakout strategies like Rectangle pattern breakout. As you see in chart price is stuck in range and give a breakout . So we can look for long in this stock, my viewpoint is going straight towards our target. Don't look as a investment take as a swing trade it will be better for long holding price should be in a bottom and there...

mitesh_patil_3999

As we see on chart price is continuously retest a level of reistance. when a price is retracing more times then look for a breakout long trade. Let's see that price will give target or not. This trade is for only learning purpose take a risk for your own capital.

mitesh_patil_3999

As you see on chart that price is continuously taking support on trade. We can look as learning purpose trade that price will take one more support give a small target till a resitance. If you want such type of learning trade then comment on post that i will updated on later post for new learning.

mitesh_patil_3999 Updated 

So today viewpoint on trendline has given a target . In this stock we get a trend favour and give us a target. We are planning this as a swing trade but it has given target in 1day

mitesh_patil_3999

As you see in this chart there are two types of conformation. 1:- trendline breakout 2:- Rectangle pattern breakout trade in daily timeframe if daily candle close.

mitesh_patil_3999

We are seeing that price is going up and price has break a certain range with full volume . What we are expecting that price has to come to retest and give some conformation then we can have a trade. That's we all have learn today....... Resitant become Support

mitesh_patil_3999

We can take a swing trade or short term . purpose of this trade is a trendline breakout. if you want such type if trade follow me.......

mitesh_patil_3999

price is coming from strong demand zone and we can look for now long trade . As per our given viewpoint we can also do a swing long trade or put as a investment it can give almost a 30% best stock to invest now. NSE:ENGINERSIN