TCI EXPRESS (1D TF) - Swing Trade Analysis given on 12th May, 2024 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - Daily Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - Done ✓ * Disclaimer
ENDURANCE TECH (1W TF) - Swing Trade Analysis given on 12th May, 2024 Pattern: FALLING WEDGE BREAKOUT - Daily Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - Done ✓ * Disclaimer
Short Term Trading Advice by Goodluck Capital Buy Varun Beverages Limited Buy Range- 1450 - 1470 Target- 1550 - 1560 StopLoss- below 1400 Potential Return- 6-7% Approx trade duration 12 - 14 days
Short Term Trading Advice by Goodluck Capital Buy Indian Bank Buy Range- 535 - 545 Target- 570 - 580 StopLoss- below 515 Potential Return- 6-7% Approx trade duration 10 - 12 days
Short Term Trading Advice by Goodluck Capital Buy Tata Power Buy Range- 440 - 445 Target- 465 - 475 StopLoss- below 420 Potential Return- 5-7% Approx trade duration 14 - 15 days
Short Term Trading Advice by Goodluck Capital Buy Godrej Industries Buy Range- 890 - 900 Target- 950 - 960 StopLoss- below 845 Potential Return- 6-7% Approx trade duration 12 - 14 days
ELECON ENGINEERING (1W TF) - Swing Trade Analysis given on 21st April, 2024 Pattern: ALL TIME HIGH BREAKOUT - Weekly Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer #ELECON
CIGNITI TECHNOLOGIES (1W TF) - Swing Trade Analysis given on 17th March, 2024 Pattern: ATH RESISTANCE BREAKOUT - Resistance Breakout - Done ✓ - Volume buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
- Ceat is currently trading at a crucial supply - I think once the market starts retracing Ceat can soon start to retrace as well - Ceat can drop anytime after absorbing some more orders - The risk here on this trade stays around 3-4% #CEAT
Abb Short played out well - ABB can crash soon easily - Better to wait for a retracement before looking to accumulate or enter this for a swing
- #Paytm is currently a complete catalyst-based stock - Catalysts, positive, and negative news are driving its prices up and down - logically you shouldn't attempt a trade in Paytm if your Portfolio is small - Allocate 2-5% of your 100k here only if you are ready to risk 10% - Paytm has a wide stop-loss trade due to lower Circuits - I think a dead cat bounce...
- The FMCG Update followed my path exactly as planned - Now what do we do? - Kindly stay fiat or cash and understand that being a Perma Bull in this market won't help at all - If you want to invest long term wait for a major crash
- Metrobrand is currently looking perfect for an entry - Kindly note that this stock is highly volatile and quite fast in liquidating stops - In order to avoid that prefer entering once the liquidity grab is done - I would suggest keep your risk low in every setup as I am bearish on the overall market
- Inox Leisure is setting its base quite nicely - I think if you are planning to buy a stock for a mid-term or short-term swing then you should go with this - Inox in the next retracement can throw up big before that a Liquidity Grab is necessary - Don't risk anything more than 2%
- CCL looks all set for a huge expansion - IMO I think a small retracement can be a good spot to add it - Keep your size and risk very minimal for swings do not risk more than 2% a trade
- Nifty FMCG did play out exactly the way I had forecasted and now it's following my path. - FMCG stocks can witness a good retracement and I think this isn't the right place to add them as well - For any long term Investments better try understanding the fact that catching a bullet train in the middle won't help you in gaining money it will help you more in losing.
- The Finance Index is currently trading in a range - IMO I think we can break down and see a breakaway all through the downside - It's going to be important to notice what the price exactly does - I have drawn two paths let's see which one plays out, I am bearish already for long-term Investments. - I would prefer sitting cash for the next two quarters before...
- The Railway Theme inside the market looks very hot now - IMO, rites is currently setting up in a way that once it induces back to the FVG it can show an impulsive move - Point or scenario 2 can be where we directly see an impulsive move right from here so position yourself accordingly and do not over size or over risk