Swigtrading
BREAKOUT IN MIDHANI 📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF MIDHANI :-
•Breakout of symetrical pattern on WTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
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📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
INFY: Downtrend Shows Potential for Further Decline
INFY is currently in a well-defined downtrend, exhibiting lower lows and lower highs. Swing traders can consider selling INFY below the recent swing low of 1386, targeting potential downside levels of 1360 and 1320. A stop-loss order placed above the recent swing high of 1422 is recommended to mitigate potential losses.
Trading Strategy:
Sell INFY below 1386
Target 1: 1360
Target 2: 1320
Stop loss: 1422
Risk Management:
Always place stop-loss orders to limit potential losses.
Consider position sizing based on your risk tolerance and available capital.
Monitor market conditions and adjust your trading strategy accordingly.
Please note that this is just a trading idea and not a financial recommendation. It is crucial to conduct your own research and consider your investment goals and risk tolerance before making any trading decisions.
TATA POWER CAN CONTIUE IT'S UP TRENDBUY ABOVE 240
TARGET 1= 290
TARGET 2= 370
This is for educational purpose only
GNFC | Strong fundamental company | Consolidated till 200EMACMP-327
SL- 309 (close)
Target- 400
30/8/21
- On crucial 200EMA support
- After breakout good consolidation occurred
- Closing above 333, can add more
-Trendline + Support + 200 EMA confluence
- Strong fundamental company
- Delivery Volumes have been have been impressive
- RSI divergence can be seen on 4H tf
LONG ON LT(NSE)This analysis is only for educational purposes, Invest at your own risk!
A descending triangle pattern can be seen with the resistance line at price 803-804.
Going long at 813-814 an targeting to sell at around 850-855 can prove to be very profitable .
The Volume pattern can be seen to be stable a supportive with the above mentioned pattern.
Any kind of criticism is highly appreciated !
CHEERS!
IBULHSG Daily ChartIn downtrend, and has formed a good base. It is better to wait for price to breach previous swing high.