Swing
SHIL - Will it follow the fibo?The price has beautifully respected the 0.618 fibo level and made a strong bullish candle with very high volumes.
If it crosses the ATH, we can expect 700 target.
VIP Industry is ready to break the big consolidation. VIP Industry is ready to break the big consolidation.
1. As the resistance and support are respected by the VIP Industry.
2. As earlier the triangle pattern breakout is given with a big green candle but big
3. profit booking happens on next day.
4. Then those triangle pattern resistance levels act as support levels.
5. Taken the support and resistance 7-8 times. The consolidation time period
is very long.
Ready for a breakout at 525 or might take resistance at 525.
Target 1: 570. (Within 15 days)
Target 2: 650. (Within 30 days)
Stoploss: 425.
Happy trading!
HDFCBANK SwingScript : HDFC-BANK
SL 1430
Breakout above 1540, Targets : 1570/1675/1720++
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I’M NOT A SEBI REGISTERED ANALYST
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TATA STEEL for swingSCRIPT : TATA STEEL
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Swing trade : SL can of 1040, for the target of 1250/1360/1430/1500++
Reason : Triple bottom, good demand zone 1080 levels (see the previous breakout with good volumes)
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Infosys for Swing tradeScript : Infosys (NSE, BSE : INFY)
Can be traded as swing with the sl of 1650, for the target of 1790/1840/1900/1940/2000++
Reasons : W pattern(Double bottom) in making at demand zone, support from 200EMA
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I’M NOT A SEBI REGISTERED ANALYST
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HDFC- Swing trade#HDFC
Buy- 2550-2590
Sl-2440
T- 2800 2955
RR is good here. Firstly the stock has fallen from 300 levels. Time for a pullback. This is aggressive buy. As trendline has not been broken. Safe traders can buy after trendline breakout.
ABFRL ; Medium Term Investment (Keep It Simple)FYI : Red Line refers to Monthly Trendline(TL) , Blue Line refers to Weekly Trendline(TL), Black Line refers to Daily Trendline (TL)
Aditya Birla Fashion and Retail Limited NSE:ABFRL is an Indian fashion retail company headquartered in Mumbai. ABFRL has a network of 3031+ stores with a presence across approximately 25,000 multi-brand outlets with 6,500+ point of sales in department stores across India.
1. Stock has been quite bullish for past some time ; Pre-covid line 2 was acting as a support but post-covid line 2 was acting as a resistance & once it broke it ,line 3 is acting as a support.
2. My take is that price will consolidate above 240 demand zone for some time before breaking previous ATH i.e. 313 approx. ; one can start building position here and add more when price crosses above 310-320 zone .
BUY @ CMP ; SL : 240 ; TGT : 400
Wishing you a Peaceful Trading
- Gursahaj Singh
DISCLAIMER : This is for demonstration and educational purpose only. This is not buying or selling recommendation. We are not SEBI registered.
long on one of the sector leading stockfor educational purpose only
tata power closing above 250 level for 1st time since 110 days
now lets talk about ,
multi - confirmations
daily t.f retest successful
daily t.f closing above 250
weekly t.f closing above 250
cup and handle pattern in both daily + weekly t.f
sentiments depends on global market + now swing trading can be very short term
so dont try to capture the whole move instead try to gain profits and book.
markets are volatile and is depending on global markets as well as so watchout that
btst can also be good to go for now a days
SORILINFRA- Swing Trade#SORILINFRA
Buy-Above 105
Sl-90
T- 135 175 200+
Trade should be taken seeing RR. RR is too good here. This is short term to mid term holding. Short term traders can book near 135-140.