#NBCC (India) Ltd
Positive sentiments in media after it bagged multiple new orders worth ₹541cr
Now at 37.60
For swing trading Taken position @ 36.30
SL Just Below the 50 EMA
R:R favourable
#stocks #StocksToBuy #StockMarket #investing #investment #SwingTrading
Disclaimer - All information on this page is for
educationaland learning purpose only.
Not SEBI...
If you want to make money in stocks chose boring if you want excitement travel to a casino
RCF has broken out of decade long triangle & rise from Covid bottom is a clear impulse & this stock has already started Wave 3 so a 10% risk from here gives us a target of 300% rise a good RR trade.
I am not a SEBI Registered analyst charts shared for education purpose.
SWING 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...
CCI stock's price had a breakout above the trendline but for confirmation, we need the price to sustain above 748. This will be the confirmation for the uptrend.
Place the stop loss below the demand zone, because this demand zone is expected to support the price.
The ultimate profit booking target is given by the XABCD bearish crab pattern's 1.618 fib extension...
Nifty PSE is currently trading at the multiyear strong supply zone which has been tested 3 times since June 2018 but PSE failed to break.
We can see a breakout in the daily timeframe's trendline as pointed on the chart. Currently, NIfty PSE is 2.6% away from the top of the supply zone. If this supply zone is broken, we can see momentum in PSE stocks.
XABCD...
Hi
Just an observation and analysis based on charts and other technical factors
Looks like we are going to see an uptrend on NIFTY PSE i.e. >51% outstanding shares owned by Central / State govt
The list of all the PSE mentioned in the below link and individual charts are also indicating a bull run for PSE
in.investing.com
