I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.
Showing posts with label Squeeze. Show all posts
Showing posts with label Squeeze. Show all posts

Sunday, 10 January 2016

Squeeze Examples - 2

I have collected few more Squeeze examples deliberately of different types, to help understand better..
Few are already triggered, few are going to trigger..

1) BPCL: Squeeze triggered once, then one single Red candle touched both UBB + LBB..  What to DO?? Keep Mulling over it..

2) Apollo: Too good Downtrend, Will we get an opportunity at (2) ?


3) Amaraja: Is it going to Trigger? can i bet my House  on it :)


4) Kaveri : Is anticipation going to be correct or a Breakout upwards from old Supports..??
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5) Jubiliant: Just think if we are late to enter or shall we enter on this Red candle high?

6) LIC Housing: Its already triggered? Anybody caught.. Another Pattern - Taps on DP in process.. will it breakout.. think about it..

Wednesday, 6 January 2016

Squeeze Examples -1

One Chart posted by one of the readers - Danish.. LT & other one is example purposefully taken by me..Maruti..

LT - 15 min of 5th Jan'16 :  Downtrend with squeeze formation. 1st Tag on LBB + DP. 2nd Touch on UBB + DP. Setup is Formed.
Entry on break of Green Candle Low marked with Pink Line .. SL above recent high :)



MARUTI Daily Chart:  One of the Biggest task in Trading is to ANTICIPATE the moves. if the anticipation is done right as per bias, half of the Job is done. A setup must be known to you beforehand like 5 ~ 10 candles before. Shortlist those charts & get ready for a Sniper entry..
Below is the chart of Maruti. A Good Setup is in formation. Bias is clearly UP. Squeeze has already started from (B). Now a tag should come at (1) and finally at (2). We will look to ride the Trend from (2) on high of a Red Candle.
This chart is till Yesterday. Maruti has given a big Red candle today on Daily chart. If it doesn't go to (1), simply move on to next chart.
If someone wants to go long at (B) position assuming (A) as tag of UBB + DP, that is also fine. Its a Good Setup, but not a Strong one as BB are not properly Flat.
Will Post Few more examples day by day with some Trade opportunities..