Swing-trading
Swing Trading Opportunities for the week beginning 20-12-21SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 20-12-21
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
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.
Important - Nifty is below 17000 and this analysis is purely based on what is seen on the charts as low risk entries. It is possible that you may come across several other opportunities but as the markets fall, my universe of analysis gets restricted to my holdings and Nifty as well as Bank Nifty. This week’s analysis has been performed accordingly.
It is easy to get attracted by several opportunities but funds are limited but underlying risks are not.
I have 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:
Auto
Bank Nifty
CPSE
Media
PSE
Considering the Weekly Charts, the following sectors look good:
Auto
Bank Nifty
CPSE
FMCG
IT
Media
MidCap100
PSU Bank
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 16985
Adani Ports
Grasim
HDFC
HDFC Life
ITC
Maruti
Reliance
Tata Consumer
NAM India
Accelya
Bayer Crop
Kotak Bank ETF
KSCL
Nazara
Sun TV
Trent
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,
19-12--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.
Swing Trading Opportunities for the week beginning 25-10-21SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 18-10-21
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.
ON MY WATCHLIST FOR THE COMING WEEK
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. Here are the likely candidates for the week -
WEEKLY TIME FRAME- FOR LONG POSITIONS - Nifty Spot at 18114.90
EI Hotels
KSCL
Sharda Crop
3M India
Pidilite
Rane Engine Valves
Sanofi
SBI Card
STR Tech
Wabco
Wendt
Westlife Development
SECTORS LOOKING GOOD FOR LONG POSITIONS-
Consumption
FMCG
Growth Sectors
Metals
Clearly, there are fewer opportunities this week than earlier and many new names have featured that were not registered earlier. Same way, the sectors have also rotated and this explains the fall in Nifty from its ATH at 18600+.
Ideally, the best candidate would be the one that features in both lists. 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,
Umesh
24-10--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.