2 Potential Swing trading stocks for 23 December MarketsI daily make educational content videos for swing / positional trading
Both are Potential swing trading ideas that are not active yet. I have explained the setup, pattern, and line-making behind them with a solid plan. Let's see if the plan gets activated.
Breakout!
63Moons-Ready for a flight to the moon(ATH)?63Moons had a strong resistance near 400 levels which has been broken in monthly TF and has been retested as well.
Stock is looking good for a rocket on the upside and takeoff has just been done.
Keep in watchlist. Highly risky stock. Support is very deep.
Levels marked on the chart. Looks good to be a zero hero investment for multibagger returns for high risk takers.Not a recommendation
KFin Technologies Ltd - Breakout Setup, Move is ON...#KFINTECH trading above Resistance of 1337
Next Resistance is at 1847
Support is at 921
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kalyani Steels Limited - Breakout Setup, Move is ON...#KSL trading above Resistance of 1079
Next Resistance is at 1678
Support is at 702
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Capacite Infraprojects Ltd - Breakout Setup, Move is ON...#CAPACITE trading above Resistance of 437
Next Resistance is at 664
Support is at 297
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GICRE - Breakout Setup, Move is ON...#GICRE trading above Resistance of 449
Next Resistance is at 676
Support is at 347
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Pricol Ltd - Breakout Setup, Move is ON...#PRICOLLTD trading above Resistance of 545
Next Resistance is at 721
Support is at 432
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 386
Next Resistance is at 499
Support is at 300
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BLS International Services - Breakout Setup, Move is ON...#BLS trading above Resistance of 476
Next Resistance is at 680
Support is at 364
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
KFin Technologies Ltd - Breakout Setup, Move is ON...#KFINTECH trading above Resistance of 994
Next Resistance is at 1337
Support is at 698
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kalyani Steels Limited - Long Setup, Move is ON...#KSL trading above Resistance of 702
Next Resistance is at 1079
Support is at 469
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Capacite Infraprojects Ltd - Breakout Setup, Move is ON...#CAPACITE trading above Resistance of 358
Next Resistance is at 437
Support is at 253
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
General Insurance Corporation of India - Long Setup, Move is ON.#GICRE trading above Resistance of 370
Next Resistance is at 449
Support is at 308
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Pricol Ltd - Breakout Setup, Move is ON...#PRICOLLTD trading above Resistance of 454
Next Resistance is at 545
Support is at 391
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 343
Next Resistance is at 386
Support is at 271
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BLS International Services - Long Setup, Move is ON...#BLS trading above Resistance of 364
Next Resistance is at 476
Support is at 247
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
DYNAMATECH - Triangle Breakout and RetestView : Bullish
Entry Zone- 8221- 7400
Exit Zone - Based on Trader mindset. Exit 1 - 9000
Exit 2- 9400
Stoploss : Close below 7350
Timeframe: Weekly and Daily
Notes: Price consolidate since Feb 2024 and it forms wedge pattern. Not it breakout of the same and retest the resistance line. We can wait to enter until it form good green candle near black trend line.
* This is not a trading recommendation, for educational purposes only
IRCTC by KRS Charts11 Nov 2024 / 11:11 AM
Why IRCTC ❓❓
1. Fundamentally Good Company. 💪
2. Technically, it was already Entered in Golden Reversal Zone. 🔅
3. Along With that inside that zone now Bulls Counter- Attack is visible ✅ which is formed at the bottom of the Trend for Reversal.
4. At recent Bottom Positive Order Block has formed and showing Bullish Traits from that level.
5. With Bull C. A. green candle RSI is showing Bullish Reversal Divergence.
Targets & SL is in Chart
Cup & Handle formation with 3 yrs of Weekly Breakout in JubilantNSE:JUBLINGREA Cup & Handle has formed in the weekly timeframe. Aim for 450-500 points upwards target for a long-term view of 1.5-2 yrs. It had tried to break the ATH in sept but failed to do so.
Put a Stop loss at swing low for a good Risk Reward Ratio.
This can be a strong breakout of over 3 years, so the trade conviction is higher.
Potential Opportunity in PEL: Weekly Breakout in a ConsolidationPEL has been trading within a well-defined triangle pattern for quite some time now, showing excellent consolidation. Key support and resistance levels have been marked, making the setup more structured and reliable.
Recently, a breakout has been observed on the weekly timeframe, indicating the potential for a strong upward movement. However, to confirm the breakout's validity, waiting for a weekly closing above the breakout level is essential.
Strategy:
Observation Period: Monitor this week’s closing to confirm the breakout.
Entry Plan: If the breakout sustains, consider buying the stock for short- to mid-term gains.
Targets: While the upside potential is open-ended, the first target has been marked for guidance.
Key Takeaways:
The triangle pattern on the weekly chart is a strong technical signal.
Breakouts from such patterns often lead to significant price movements.
It’s essential to remain disciplined and wait for confirmation before taking action.
Personal Note:
Apologies for the lack of updates recently. I’ll strive to provide regular market insights and updates moving forward. Let’s keep an eye on PEL as it has the potential to generate substantial returns in the near term.
Stay tuned for more updates!
SHARDACROP: Breakout Alert!
From our Previous entry( which I posted here) Stock clocked 23%. Now it is:
✅ Consolidation Above Breakout Zone: Healthy consolidation near ₹879, indicating strength and accumulation.
✅Base on Base Formation
✅ Volume Confirmation: Significant volume during the breakout phase, validating bullish sentiment.
✅ Support from Moving Averages: Price trading above the 50 and 200 DMAs, confirming a bullish bias.
🎯 Key Levels:
Entry Zone: ₹-879-880
Medium-Term Target: ₹1,050-1,100
Stop Loss: ₹773 (Closing Basis)
💡 Risk/Reward:
Risk: ~11.8%
Reward: ~20%-22%
📌 Note: Always maintain proper risk management and conduct your own research before taking any position.
Bullish Breakthroughs: 3 Stocks Marching Towards Big Gains1. Pricol NSE:PRICOLLTD
● Pricol's stock price has formed a Rounding Bottom Pattern, signalling a potential trend continuation.
● Following a successful breakout, the stock has resumed its upward trajectory, suggesting further gains.
2. Prestige Estate NSE:PRESTIGE
● A bullish Pole & Flag Pattern has emerged on Prestige Estate's chart.
● The recent breakout is likely to propel the price to higher levels, presenting a buying opportunity.
3. Borosil Renewables NSE:BORORENEW
● Borosil Renewables' stock price has formed a Falling Wedge (Continuation) Pattern after undergoing a prolonged consolidation phase.
● The recent breakout suggests a significant upward move, positioning the stock for substantial gains.