Swingtrade
PARADEEP - Bullish Momentum BreakoutNSE: PARADEEP is closing with a bullish momentum breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Beautiful Breakout in UCO BANK.Good morning Traders.
Here is the technical analysis of UCO Bank we all should know.
>> Chart is self explanatory but to elaborating more Stock was consolidating in Symmetrical tringle pattern since 9 months. Where it has made a beautiful support and resistance lines in triangular shape and gave a Nit and clean breakout.
>>In the weekly time frame, we can observe that it had previously given a rectangular breakout after 15 months of consolidation and went up by more than 150%. Now, after this previous rectangle breakout, a recent triangle pattern has emerged, appears more of a flagpole pattern in weekly TF. These increase the likelihood of success for this stock.
>> Over the past decade, the stock has undergone a substantial correction of over 90%. However, upon examining its financials, it appears to be more stable and promising, as its non-performing asset (NPA) ratio has consistently decreased.
>>Now, we can consider entering the trade if it continues to sustain above the breakout line. Our target could be a minimum of 20% at the 37 level, while it's important to set a stop-loss at 13% below, around the 26.80 level.
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RUSTOMJEE - Bullish Consolidation with VolumesNSE: RUSTOMJEE is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
CHEMPLASTS - Bullish Swing Reversal with VolumesNSE: CHEMPLASTS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
FINPIPE : Potential Breakout Candidate#swingtrading #finpipe #consolidationbreakout #breakout #flagandpolebreakout
>> Beautiful Structure Range Breakout >> Impulsive Move >> Consolidation >> Pennant formation
>> Perfect Breakout Candidate
>> Good Risk Reward Ratio (min 1:2 RR or possibly more if u hold longer)
>> Good Strength & Volume in stock
Swing Traders should focus on 10% profit & keep trailling
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CEATLTD is trading on good level Although I have published trade ideas earlier. Unfortunately stop loss had hits due to correction in the market. Still stock is trading on a good zone and right time to buy the stock.
All the details mentioned in the chart itself. Must follow the stop loss level.
Earlier recommendation below -
Short Glenmark Below 771Short looks good to short below 771. Reason for trade Proper M Pattern formed on Daily chart. Also RSI is week.
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
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#PIIND... Looking good 30.05.23#PIIND...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
M O N E Y M U L T I P L I E RGRASIM consolidated in slight ascending channel on daily charts from past 40+ sessions & it broke past yesterday & confirmed it today by closing above channel.
Could be bought here or on dip till 1829 with mentioned stoploss & target.
Excellent Risk:Reward Ratio. Not to be missed.
L&T Technology Services- Broke out of 77 days long flat consolidation
- Good volumes on the breakout.
- Price is still trading above the high of the BO candle
- Can move higher in the coming weeks, if it manages to push above 4200-4300.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Dishman CarbogenThe structure is shifting to the upside after 4 months of consolidation.
Breaking out of the Cup with a shallow handle, taking the shape of a bull flag on LTF.
Good volume expansion.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.