MIRZAINT : High Risk High Reward Trade#MIRZAINT #swingtrade #momentumtrade #vcppattern #trendingstock
Mirza International :
>> Good VCP Pattern & trending stock
>> Good Volumes Building up
>> Good Relative strength in stock
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Mirzaintl
Resistance 4/Target 4 achieved in Mirza Int. Resistance 5 is ON.This is follow-up on Mirza International. Can also check link to related ideas.
Resistance 4/Target 4 achieved. Resistance 5/Target 5 is ON as it is comfortably trading above resistance line of 280.
Here are previous charts.
Chart is self explanatory. Entry, Resistance/Targets and Support/Trailing Stop Loss are mentioned on the chart.
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.
Swing Trading Opportunities for the week beginning 13-12-21SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 13-12-21
INTENT
I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan.
Some readers feel that I am simply listing down several scrips so that if they go up I can claim so. This is not the case - I am not here to score any points. I am sharing my weekly analysis and if you like it, read it and if you do not agree, I am fine with that.
ON MY WATCHLIST FOR THE COMING WEEK
This week, I have changed the format to some extent and I request you to let me know if you like this approach to finding Swing Trading Opportunities or the one that I was following till last weekend.
This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. I have also filtered the sectors based on Monthly candles. Here are the likely candidates for the week -
SECTORS LOOKING GOOD FOR LONG POSITIONS-
Considering the Monthly Charts, the following sectors look good:
Nifty 100 Liquid
Auto
Bank Nifty
Fin Service
Media
PSE
Considering the Weekly Charts, the following sectors look good:
Energy
Infra
IT
Midcap 100 Free
Midcap 50
MNC
Realty
If you look at the sectoral indices on the daily charts, all of them look beaten down and you would not like to trade them. This is precisely the message for a short term trader - these could be good short sell candidates, but not for Swing or Positional candidates.
WEEKLY TIME FRAME- FOR LONG POSITIONS - Nifty Spot at 17511
Bandhan Bank
Federal Bank
ICICI Bank
PNB
Bajaj Finance
Britannia
Dr Reddy
Infosys
Reliance
TCS
IRCTC
MCX
Arvind Fashion
Bank Baroda
BHEL
Car Trade
Chola Fin
Hind Petro
IndiGo
Indo Solar
Kitex
Mangalam Cement
Mphasis
Tata Coffee
Tata Comm
UBL
There are several opportunities that are available even as the tradable indices are at crucial levels. There were many more opportunities that I could sight but I have restrained myself and chosen what I believe are good or may end up as a good risk reward bets.
I may / may not take these trades as not every opportunity should / can be traded.
I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so.
In case you are able to spot the setup and the trade basis, please do share so that together we can learn.
Here is the Video Link:
Thank you for your time and Happy Learning,
12-12--21
Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.