Watchlist for 

strategy

Stocks approaching Breakouts

These companies are about to give 'BUY' signals, subject to fulfillment of other conditions. 

Only those companies are being displayed whose current trading prices are less than 5% of the expected breakout price. You can sort the table by the column 'Gap from Expected Breakout Price' to see which stock is fast approaching a breakout. Please refer to the Notes at the bottom of the table for more information.

Notes                

  • The above list is not exhaustive. There may be other companies also, approaching breakouts. 

  • Attempt is made to choose only those companies which have proven fundamentals over the past few years.

  • These are long-term trades, awaiting breakouts. Stocks which do not breakout tomorrow, will remain in this list until they break out or fall such that they move far away from their breakout levels.

  • Consider these to be a part of your Investment Portfolio. On the other hand, stocks in the Pro-Pullbacks watchlist may be considered for short-term Trading positions.

                
How to trade the above

  • Log onto TradingView and open charts of these companies on TradewithPuneet: Pro-Breakouts strategy.                

  • You will see a horizontal green color line above the present day's bar. This is auto-generated.                

  • The green line is the stock's resistance. Buying price points are mentioned on the chart.                

  • The strategy will generate a BUY signal once the stock goes above the green line. It needs to stay above it.                

  • It is possible that the system doesn't generate any trade signal, depending on in-built conditions.                

  • The system gives signals on closing prices only. 

  • You can enter your desired 'Profit Booking' and 'Stop Loss' levels in the settings. 

Click here to read Standard Disclosures & Disclaimers.

SEBI Registered Research Analyst

Registration Number: INH100007073

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