How to Save From False Breakout Part-2
First Read Part 1 in Below Link
http://www.stockstudy8.in/2019/10/why-you-should-avoid-playing-bullish.html
Remember My Golden Rule Before Buying Any Stock
#RSP Checklist before buying
1.Never buy the stock who's trading below 200MovngAvg in Daily & Weekly
2.Never Buy the stock who's weekly/Monthly MACD below 0
3.Never buy stock who's W/M RSI below 40
Whether stock is Largecap/midcap/smallcap don't care
follow above rule & save from BadStock 90% time
https://twitter.com/Stockstudy8/status/1262074795572760576?s=20
If you follow above Rule 80% of time you can save from bad stock/Bad Breakout
Letsee with Some Chart #FailedBreakout
1. Indiabulls Housing Finance Ltd
Triangle Breakout With Huge Volume activity #Failed
Reason Rule1: Stock were below 200avg that time.
2.Jubilant FoodWorks Ltd
First Read Part 1 in Below Link
http://www.stockstudy8.in/2019/10/why-you-should-avoid-playing-bullish.html
Remember My Golden Rule Before Buying Any Stock
#RSP Checklist before buying
1.Never buy the stock who's trading below 200MovngAvg in Daily & Weekly
2.Never Buy the stock who's weekly/Monthly MACD below 0
3.Never buy stock who's W/M RSI below 40
Whether stock is Largecap/midcap/smallcap don't care
follow above rule & save from BadStock 90% time
https://twitter.com/Stockstudy8/status/1262074795572760576?s=20
If you follow above Rule 80% of time you can save from bad stock/Bad Breakout
Letsee with Some Chart #FailedBreakout
1. Indiabulls Housing Finance Ltd
Triangle Breakout With Huge Volume activity #Failed
Reason Rule1: Stock were below 200avg that time.
Symmetric Triangle Breakout Or Range Breakout With Huge Volume #Failed
Reason Rule1: Stock were below 200 Sma that time.
Cup&Handle Bullish Breakout Above 200SMA
But Breakout Failed
Monthly Breakout Failed
Reason: Monthly MACD Below 0
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