Tag Archives: breakout trading system

Technical Pick: Tata Motors,Bajaj Auto and Tata Global

By | May 14, 2013 11:34 pm

Tata Global Tata Global has formed a swing high at 153.4, stock has been falling from that level. Today’s fall it took support at falling trendline at 139. Holding the same bounceback can be expected else 130 odd levels are on cards. Buy above 142.5 Tgt 144.5,146 and 149 SL 141 Sell below 139.5 Tgt… Read More »

Breakout Trading System

By | April 8, 2011 10:49 am

Breakout Trading System/Breakout Trading Strategy What Is a Breakout? A breakout is a stock price that moves outside a defined support or resistance level with increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support. Once the stock… Read More »