aktradelearning

aktradelearning

#CNXIT Whenever market becomes expensive, they tend to move away from #gravity line. During 2021/22 top when IT was leading, index was very far away from gravity line and during Q2 & Q3 - there was heavy distribution followed by the jerk in Q4 results with breakaway gap, which made the stocks & index to go into major consolidation period of almost 1.5 years...

aktradelearning

MaxHealthcare has given a breakout of 34 weeks old trendline resistance on weekly timeframe. Looks good on charts to go long for further momentum trade with potential tgt and sl marked in charts ..

aktradelearning

NiftyAuto trend approaching multiyear resistance and if this breaks we may see good rally in auto sector stocks

aktradelearning

Nifty Auto sector approaching multiyear resistance ..if it breaks we may see good rally in auto sector stocks

aktradelearning

Just learning on how one could have taken a trade with trendline break