In this post, we will be looking at a BTST Volume Breakout Strategy, and how we can get 2-3% gains with the help of it. Here we will not only look at potential entry points but also exit points for maximum gain.
An Intraday Volume Breakout Strategy with 2-3% Gains
Today we will be looking at an Intraday Volume Breakout Strategy, and how those 2-3% lucrative gains can be mastered with the help of it. Here we will not only look at potential entry points but also exit points for maximum gain.
In this blog, we will find out the factors that are important for finding long-term multibaggers by using an example of HEG and Graphite India. Here’s a chart of HEG which shows a gain of 28x in 2 years.
Charts are graphical presentations of price information of securities over time. Charts plot historical data based on a combination of price, volume as well as time intervals. The use of charts is so prevalent, that technical analyst is often referred to as chartists. Originally, charts were drawn manually, but a majority of charts nowadays are drawn by computer.
Technical drawing tools play an important role in analyzing charts and are an important part of any Technical Analyst’s tool set. Drawing tools help you in your technical analysis, market timing, locating support and resistance levels in recognizing price patterns, confirming trends and much more. With Investar drawing tools, you may draw Trend Lines, Fibonacci Retracement, Fibonacci Fan, Andrew’s Pitchfork, Gann Fans, and other vital studies.
The relative strength index (RSI),one of the most well-known technical indicators, created by J. Welles Wilder and published in a 1978 book, New Concepts in Technical Trading Systems, and in Commodities magazine (now Futures magazine) in the June 1978 issue. Continue reading
Support/Resistance breakouts are used by traders as buy/sell signals. However, often times a stock breaking out of a resistance or support line can lead to false breakouts. One situation this can occur is if too many resistance or support lines are very close together. When this happens, it is best to club nearby lines and treat them as a support or resistance zone rather than trade them separately.
We are pleased to announce a new release of Investar, Version 5.2 with the Auto-SR addon and other features. A new video explaining the usage of the key features is available, “What’s New in Investar 5.2“. The Auto-Support/Resistance addon features are demoed in Using Auto-Support/Resistance .
This article discusses the need for Auto-Support/Resistance and why it makes it incredibly easy for all those traders who want to use Support/Resistance strategies in their trading.