Breakouttrading
KAVA PRICE ACTION TRADINGToday i will try to explain how to play with Kava in a simple way.
- Remember always that in Cryptos are not easy as forex or stocks, because movements are always brutal.
- The first step is always to detect the real trendline.
- Detect 3 points. Bouncing Points, Rejection Points.
- Some traders use only 2 points, but i am old style trader, so i really need 3 Points to Draw the trend.
- Remove the abnormality ( FOMO and PANIC )
- Draw your line.
- Now you will need to find PRICE ACTION AREAS.
- Those areas can be easily detected by the price fluctuating for a long period of time in the same zone.
- For KAVA right now we are fluctuating between $0.75-$1.25$ ( Price action zone 2)
- Now you can draw your price action lines.
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METHOD 1
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- So to enter a position you need to understand that you never know if you are right, or if you are wrong. anyone have a magic ball.
- The best way is to NEVER GO ALL IN.
- Keep always more juice to rebuy if the market crash.
- For exemple, you could try to enter KAVA Market at 0.75$ (invest 25%), in case of DIP to 0.5$ (re-inject 75%) ( this is very important!!)
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METHOD 2
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- Simple wait to see if KAVA will break out the Trendline
- in that case you will need to wait the price to break out from triangle (Yellow Triangle)
- Again never go all in, on a breakout, some breakout could be fakes.
- Keep always Juice.
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- More you will understand and detect price movements, supports, resistances, breakouts, more you will trade better.
- Price action and trendline are the basic of trading.
- indicators are complementary.
PS : This method can also be applied by Shorting the market. ( just inverse everything ).
- Happy Tr4Ding !
Federal Bank Breakout: Strong Bullish MomentumFederal Bank has been following an ascending trend line, indicating a consistent upward movement. Recently, the stock has broken out above this trend line with significant volume, confirming a bullish momentum. Breakouts from such patterns typically signal strong potential for further upward movement.
Trade Setup:
SL: 177
TP: 195
This setup provides a strategic entry with well-defined risk management to capitalize on the bullish trend in Federal Bank.
Tesla - Breakout leading to four digits!NASDAQ:TSLA is attempting to break out of the long term descending triangle consolidation.
If you cannot wait patiently for your textbook setups, there is no chance you will make money trading. For almost four years, Tesla has been consolidating in a huge triangle formation. And it seems like Tesla is finally breaking out towards the upside. This breakout was actually not unexpected at all and provides a very high probability trading opportunity in the near future.
Levels to watch: $250
Keep your long term vision,
Philip - BasicTrading
SIWNG IDEA - MOTHERSON SUMI The current market conditions suggest a favorable buying opportunity in MOTHERSON SUMI , presenting astute investors with the possibility of capitalizing on potential gains.
Reasons are listed below :
Following rigorous testing at the 98 levels, the resistance has shown signs of weakening, heightening the likelihood of an imminent breakthrough.
Stock is in Uptrend i.e higher highs are being made.
Price moved from 62 to 103 and then retraced till 0.382 Fibonacci level and is now breaking out.
Price is above 50 and 200EMA i.e the trend is intact.
Target - 123 // 134
StopLoss - Weekly close below 90
Wild tradeMassive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED.
This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out.
Open a long position and add at every pull back. We will have a fight at the upper vertex of the triangle. The SL triggers if the inverted HS pattern is busted in the weekly timeframe. Give it time. In Forex you only need a few trades a year to make great profits but patient is needed.
CAVA Cup & Handle Breakout TradeHappy Tuesday everybody, the stock caba is set to make a breakout of a base soon and I'm going to make a play on it to see if I can catch that move doing a buy to open and setting my stop loss below Monday's low. This stock is part of the consumer cyclical sector which has been performing well possibly because of pending interest rate cuts leading to increased consumer spending with credit cards but I'm not really sure if that's the cause.
About The FX Crash & Cash IndicatorThe FX Cash & Crash Breakout indicator is a powerful Forex trading indicator on TradingView. Crash (consolidation or ranging market) and Cash (breakout from consolidation into a long or short trade).
It uses Heikin Ashi candle bars in combination with real price on the hourly chart to smooth price fluctuations and identify early range-bound price action breakouts. Consecutive gray bars indicate a crash move into a sideways market. A breakout occurs when it goes from a sideways market to either either green or red bars indicating the opportunity to cash in on a trending short or long market opportunity. While primarily designed for intraday trading, it can also be utilized for swing trading. It's crucial to use strict trading discipline, gain basic knowledge of trading practices, and focus on risk management. This indicator was created to enhance your marketing strategy.
ENSUSDTENSUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the healthy Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
HDFC BANK _ Next Target is 1994 rupees (0.6 Fibonacci Extension)HDFC Bank is approaching its all-time high. If it Breakout above the resistance level, HDFC Bank could reach a New All-Time High, with the first target at 1994 rupees (0.6 Fibonacci extension level). The second target is 2385 rupees (100% Fibonacci extension). This is a Long-Term projection, so it is important to follow trend continuation techniques.
I want to help people to Make Profit all over the "World".
ALERT - Indigenously developed Nuclear Submarine heading NEindigenously developed Nuclear Submarine " Pattern " - by Reliance Industries - is Heading NE
Targets Locked and Loaded
1st Target - 32* N, 10*E (Rs. 3,210)
2nd Target - 35*N, 25*E (Rs. 3,525)
3rd Target - 40*N, 20*E (Rs. 4,020)
4rd Target - 48*N, 28*E (Rs. 4,828)
Sorry folks - When I saw this pattern - I couldn't just control myself and came up with this Prank 🤣😆😄🤩
Anyways, Reliance Industries has broken out of a Box Pattern and is ready for a Blast
Picturesque Cup&HandleThis is a proper cup and handle, buy the breakout right at the all-time high or wait until it clears the all the high and comes back to confirm resistance. I will be buying to open as soon as price reaches new highs
Buy to open = 169.07
1st Profit Target = 175
Stop Loss = 164.20
Nvidia : Learning from the pastNASDAQ:NVDA
Looking at the past is easy, but learning from it is easier.
Let's get listed the points.
1. Breakout of trendline on 24Jan23, that started
on 19Nov21, confirmed on 29Mar22;
2. Bullish divergence started in Sep22 and
confirmed in mid Oct22;
3. No lower low after 13Oct22;
4. Breakout of previous lower high of 13Dec22 on
24Jan23 (which happened to be breakout
of Trendline as well.
Adobe - Preparing a multi year breakout!NASDAQ:ADBE has been consolidating for some time and is definitely ready for a breakout.
Adobe is a stock, which is clearly heading higher on a macro perspective. Just two months ago, Adobe actually retested an important horizontal structure and managed to create bullish confirmation, followed by a reversal towards the upside. Eventually, Adobe will also break out of the ascending triangle formation, which has been forming over the past 5 years.
Levels to watch: $650
Keep your long term vision,
Philip - BasicTrading
Amazon - Breakdown of the breakout!NASDAQ:AMZN is definitely ready for a major bullish (triangle) breakout.
Here we have a textbook example of a bullish stock. Amazon's stock chart is simply moving from bottom left to top right. Of course there are minor corrections here and there, but the trend is clearly higher. For the past four months, Amazon has been hugging a horizontal resistance level and is preparing a bullish breakout. This will certainly become a decent break and retest setup.
Levels to watch: $185
Keep your long term vision,
Philip - BasicTrading
SQ - Looking for continued confirmations after our entryWe entered last week on my Entry Model 1 which was based off HTF sell-side tapering and a proof of that tapering by disproving our stronger selling algo (yellow). Once we did that, we confirmed the tapering algo and is why we're seeing the gap up after Friday's breakout.
Definitely time before we make our HTF breakout but we are now beginning the progression process on the HTF
Happy Trading :)
Stock of the Week: Poddar Pigments with Robust Financial HealthStock of the Week: Poddar Pigments ( NSE:PODDARMENT PODR)
Fundamental Analysis :
Poddar Pigments showcases a robust financial profile, making it an attractive pick for this week. The company holds more cash than debt on its balance sheet, indicating strong liquidity. Its liquid assets exceed any obligations, providing a solid financial cushion. Additionally, NSE:PODDARMENT Poddar Pigments has reported consistent profits over the last six quarters, highlighting its stable and reliable performance.
Technical Analysis :
From a technical perspective, NSE:PODDARMENT Poddar Pigments is trading above all major moving averages, signalling a bullish trend. The stock has achieved a significant 52-week breakout and is also breaking out of a box formed by the last 12 months’ consolidation zone. This breakout is supported by good volume strikes, indicating strong market interest. Moreover, Poddar Pigments demonstrates relatively higher strength than the Nifty index, with the RSI crossing above 60, further affirming its upward momentum.
Entry - CMP
Stop loss - 396.55
Potential upside - 643
SWING IDEA - CARBORUNDUM UNIVERSALCarborundum Universal , a renowned conglomerate in the industrial sector, presents a compelling swing trade opportunity.
Reasons are listed below :
A bullish Marubozu candle on the weekly timeframe signals strong buying pressure and potential upward momentum.
The stock is breaking out of a consolidation phase lasting over a year, indicating a significant shift in market sentiment and potential for sustained movement.
Finding support at the 0.382 Fibonacci level strengthens the bullish case, providing a solid foundation for potential upward movement.
The 50-period Exponential Moving Average (EMA) on the weekly chart acts as additional support, reinforcing the bullish bias.
The stock is attempting to breach its all-time high, signaling strong upward momentum and potential for further gains.
Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis.
Target - 1405 // 1475 // 1650
Stoploss - weekly close below 1085
Disclaimer :
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@visionary.growth.insights
20 Microns LTD have Broken All Time High With Very Good VolumeKey Activities
• 20 Microns invests in research &
development to develop innovative products
& processes that can be used in various
industries
Key Products.
White Pigment Opacifier
Synthetic Aluminium Silicate
High Performance Opacifier
Flash Calcined Clay
Matting Agent
Polyethylene Wax
Organo Clays
Calcium Carbonate
• Natural Baryte
• Natural Talc
• Natural Mica
• Natural Silica
• Calcined Kaolin
• The company works with close proximity with
its customers to provide customized
solutions based on their specific
requirements
Key Resources
• Mines
• Technology & R&D prowess
• Human Resources
• Trusted Brand Image
Cost Structure
• Raw material cost is ~50% of the revenue
• Other major costs are power & fuel, freight
& logistics accounts
Revenue Generation
• Revenue is generated from sale of industrial
minerals, specialty chemicals and branded
products.
• The company also generates revenue from
sale of its products outside India.
• The company has formed strategic alliances
and joint ventures with global players, which
help to expand its business and generate
revenue from new markets.
Revenue from Operations - ₹ 921.40 mn
EBITDA - ₹ 106.10 mn
EBITDA Margins – 11.52%
PAT - ₹ 32.40 mn
PAT Margins – 3.52%
Financial Performance Comparison FY24 v/s
FY23:
Consolidated revenue from operations
increased by 10.80% and stood at
₹7,774.93 Mn in FY24 from ₹7,016.87 Mn
in FY23. This growth was led by addition of
new customer and through enhancing our
core offerings through several strategies,
such as expanding distribution channels
and launching new products.
EBIDTA increased by 22.63% from ₹857.36
Mn in FY23 to ₹1,051.34 Mn in FY24
margins improved from 13.52% in FY24 to
12.22% in FY23.
PAT during the year stood at ₹561.60 Mn
in FY24 compared to ₹419.62 Mn in FY23
with margins improving to 7.22% from
5.98%.