Swing Trading Analysis: CIPLAAfter an All-time high breakout stock retraced to the near demand-supply zone. Now we can see a pullback from here.
Pullback
Swing Trading Analysis: BPCL (Bharat Petroleum Corporation Ltd)Note Higher high higher low formation,
breakout with good volume, retracement
after the breakout, Now Pull back process
started from here. (Stock: BPCL)
COALINDIA: A strong break out with volumeThere has been a breakout in COALINDIA with strong volume. Wonderful opportunity to enter as a swing trade.
Pullback from Breakout Ultratech gave good breakout and is currently in pullback mode.
Can be bought on dips with
Target 4350
SL 3724
Reliance - DejaVu ?
There are two main buy signals:
1. 100 HEMA pullback
2. 50% Fib Retracement
Should be a good long trade above 2026 for targets of 2040, 2065, 2080, 2100 with SL at 1998
Alternatively, if NIFTY continues to be bearish will look to Scalp below 1990 for 1950 & subsequently 1925 (200 HEMA) with a 10 point trailing SL.
BAYERCROP pullbackPrevious support turned resistance. Bayercrop correcting on low volumes rebounded, giving a good entry point.
IPCALAB pullback can provide low risk entryThe stock is in a confirmed uptrend. The breakout on 16th July was on good volumes. Pullback on low volumes provides opportunity for low-risk entry.
Gold BearishIts time for correction in Gold, can see heavy fall in coming days as Global sentiments are positive.
Pullback trade Hindustan Unilever
The blue EMA cloud has squeezed and has given us blue dot at the bottom of the chart. The current trend of the stock is clearly Uptrend, as represented by the green trend bar on the top. In fact it is green since April 2017. The stock has made a narrow range here. It has been trading between Rs. 2050 to Rs. 2150 since last couple of weeks. i.e a range of nearly 100 rupees. One can BUY this stock above Rs. 2150 and keep a Stop loss at around Rs. 2050.
Tata Com Trendline breakoutNow trading at all time high after breaching treandline. If any retest or pull back happens, jump in.
NAUKRI Pullback BreakoutNaukri (Info Edge) has crossed a resistance zone with momentum on daily timeframe, followed by a pullback move having a small range.
This indicates an impulsive move may breakout on either side of the recent day candle.
Long above 2810.00
TGT: 2844
Short below 2754.90
TGT: 2722
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
HEXAWARE Inside Bar BreakoutHexaware made a small ranged red candle inside the previous wide range green candle on day timeframe.
Can be traded in breakout of either direction.
Long above 325.10
Short below 317.20
Targets: 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
BAJAJ AUTO Bearish BreakoutLatest daily time frame candle showing a small body and small range hinting at a pullback.
The downtrend followed in the past few days may continue below the the previous low.
Short below 2703
TGT 1: 2664
TGT 2: 2615
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
BERGER PAINTS Pullback BreakoutBERGEPAINT showing a clear pullback move on daily timeframe candle.
Preceding impulsive red candle with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Long above 498.40
Short below 488.90
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
IGL Pullback TradeIGL showing a clear pullback move on daily timeframe candle.
Preceding impulsive red candles with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Long above 472.10
Short below 460.95
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
VOLTAS Pullback BreakoutVOLTAS showing a clear pullback move on daily timeframe candle.
Preceding impulsive red candle with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Long above 559.1
Short below 544.9
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
MGL Inside Bar BreakoutMGL has formed a large body candle the previous day followed by a small range DOJI candle on daily timeframe.
The price is moving along a rising trend line & price is currently at the trend line.
The next candle may give a fine move on any side, either respecting the trend line and breaking above or breaking it below.
Long above 1014
Short below 991
Fixed target: 1% (or the nearest S/R)
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
LALPATHLAB Bullish FlagLALPATHLAB has broken out upside after its consolidation in a triangular channel.
The impulsive bullish breakout candle is followed by 2 small range pulllback candles thus forming a bullish flag pattern.
The structure suggests that the trend will continue in the direction of the breakout.
A long entry can be taken at the break of yesteraday's high above 1691.05
TG1: 1719
TG2: 1746
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
BERGEPAINT Pullback BreakoutBERGEPAINT showing clear pullback move on daily timeframe candle.
Preceding impulsive red candle with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
ADANIGAS Pullback + Doji BreakoutPrice has been ranging & contracting with lower highs and higher lows since 3 days.
The last day has shown a doji with a small range indicating an imminent breakout.
The price may fall and retrace to its dynamic supports or continue its upward trend, thus keeping entry triggers for both circumstances with conservative targets.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
