HDFC - Reversal Swing Trade Inverse H&SHDFC
Buy-Above 2460
Sl-2230
T-2685 2875
Short Term
HDFC has made a bullish reversal chart pattern - Inverse Head And Shoulder in daily TF. It is formed after a good correction form ATH. According to the ABCD pattern , this swing can go till 2685-2700. Above 2700 it will proceed to the second target of 2880-2900. Ultra short term traders can trail sl at 2340 after a extended gain and take 1:1 and 1:2.
Swingtradesetup
AEGISCHEM - Ascending Triangle BOAEGISCHEM
Buy-Above 220
Sl-190
T- 250 280 300+
The stock has been in a correction phase since Jun 2021. Bulls have showed their presence by making a bullish engulfing candle in weekly TF. Our entry is not completely based on candle but price action too. In daily TF there is a bullish price action building up. Stock has given breakout of ascending triangle. It has closed above 50 EMA in daily TF.
The stock looks for short term and mid term. Short term traders can easily get 15-16% move in a leg. Mid term traders can stick to it till targets are met.
BHEL SWING TRADEHello, bhel mid-term swing trade buy: 52 targets: 59.50/66 stoploss: 48.80.
LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline resistance & static resistance pull back buying strategy, (targets identified from harmonic xabcd pattern level 0.886/1.272) stoploss is taken previous swing low. Stock looks soild for mid term swing trading. NSE:BHEL
MGL LONG-TERM SWING TRADEHello, mgl long-term swing trade buy: 800 targets: 854/963/1,075 stoploss: 837.
LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd/abcd pattern level 2.0/1.618/2.272) stoploss is taken previous swing low. Stock looks soild for long-term swing trading. NSE:MGL
HDFC MID-TERM SWING TRADEHello, hdfc mid-term swing trade buy: 2,460 targets: 2,680/2,860 stoploss: 2,380.
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd/abcd pattern level 2.0/1.131) stoploss is taken low of resistance candle. Stock looks solid for mid term swing trade. NSE:HDFC
APOLLO TYRES SHORT TERM-SWING TRADEHello, apollo tyres short-term swing trade buy: 197 target: 221 stoploss: 189.
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd pattern level 0.886) stoploss is taken low of resistance candle. Stock looks solid for swing trading. NSE:APOLLOTYRE
ICICI BANK MID-TERM SWIMG TRADEHello, icici bank stock swing trade buy: 729 target: 780 stoploss: 714.
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of resistance buy on pull back makes RR good (target identified from harmonic xabcd pattern level 0.786) stoploss is taken low of resistance candle. NSE:ICICIBANK
RELIANCE INDUSTRIES SWING TRADEHello, reliance industries mid-term swing trade buy: 2,570 targets: 2,750/2,820 stoploss: 2,508.
LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline and static resistance & buying on pul back (targets identified from harmonic xabcd pattern level 1.131) stoploss is taken low of breakout candle. Stock looks good for swing trade & can go upto all time high. NSE:RELIANCE
NAUKRI - Swing TradeNAUKRI
Buy-Above 4760
Sl-4380
T- 5150 5700+
NAUKRI has been in a declining phase since Oct 2021. A base has been formed near 4300. Lower Lows have been stopped and today a swing high is tested. Consider building your long position above 4760 for the target of 5150 and 5700++.
HDFCLIFE - Ready To Bounce HDFCLIFE
Buy-Above 530
Sl-500
T-563 600 650+
A short term bounce can be seen above 530. The stock ha been in a decline phase since Sep 2021. Sl will be last swing low near 500.
PFIZER Ready For A BouncePFIZER
Buy-Above 4500
Sl-4300
T-4800 4959 5000+
The stock is ready to give a bounce . Consider buying as RR is too good from here.
ICICIGI - Swing TradeICICIGI
Buy-Above 1285
Sl-1200
T-1400 1470 1500+
The stock has been in a declining phase since SEP 2021. A short term base has been formed near 1200. Short term traders can take advantage of 8-10% move. It has made double bottom, neckline is 1285. Consider a long position above this. Sl will be the last swing low near 1200.
METROPOLIS - Reversal TradeMETROPOLIS
Buy-Above 1990
Sl-1850
T-2145 2355 2400
Stock has been falling since Dec 2021. We can some bounce on this stock above 1990. This is reversal trade. Sl kept here is a bit conservative .
Small trade opportunity in DHAMPURSUG.Small trade opportunity in DHAMPURSUG.
Target 1: 450 (30 days)
Happy Trading!
CHENNPETRO - Swing Candidate#CHENNPETRO
Buy-Above 117
Sl-100
T-140 150 175
The stock has made double bottom in weekly TF. Neckiline has been broken above 117. Target will be 145 and 170+.
RR is good here. But sl is a bit aggressive.
LIBAS- Swing Trade#LIBAS
Buy-Above 30
Sl-25
T-40 48 55+
LIBAS after giving a very good correction, it has been consolidating in range since last 100 days or 3 months. The stock is ready to breakout. Aggressive traders can accumulate near 30. Safe trader should enter above 35 after the range is taken out. Sl will be the range low i.e 25. 1st target will give us a RR of 1:2.
DAILY SWING CALL // Monday 6th of Feb 2022 // NSE: DHAMPURSUGDAILY SWING CALL // Monday 6th of Feb 2022 // NSE: NSE:DHAMPURSUG
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 408.2
TARGET: 469+ (15% Around)
STOP LOSS: 367 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
WIPRO SHORT-TERM SWING TRADE! Hi everyone, Wipro short term swing trade consider buy above: 573, target: 584, stoploss: 567.
LOGIC BEHIND TRADE: Stock recently given correction & formed double bottom & given breakout of it`s resistance (target identified from harmonic xabcd pattern level 0.886) stoploss is taken previous swing low. NSE:WIPRO
HINDUNILVR- Swing Trade#HINDUNILVR
Buy-Above 2300
Sl-2200
T-2450 2670
Stock has made a double bottom at 2200. So kept 200 as sl as below this stock may side to lower levels. 1st target will be the neckline itself near 2400-2450. Then Above 2450 we will get a move till 2670-2700. Safe traders can enter above 2330.
BPCL- Swing Trade#BPCL
Buy-Above 370
Sl-355
T- 400 430 470+
Just Because RR Is Good. Stock is making a double bottom here. However Neckline is above 410. This is a aggressive buy trade. Also above 380 we will get a confirmation to build our position.
RELIANCE IND SHORT-TERM SWING TRADE! Hi everyone, Reliance industries short term swing trade consider buy above: 2,425, target: 2,590. stoploss: 2,347.
LOGIC BEHIND TRADE: Stock has recently given breakout & pull back on it`s resistance buying on pull back is idea (target is identified from harmonic xabcd pattern level 1.131) stoploss is taken low of resistance candle. Stock looks good for short term swing trade. NSE:RELIANCE
GRASIM INDUSTRIES MID-TERM SWING TRADE!Hi everyone, Grasim industries mid term swing trade consider buy above: 1,790, targets: 1,894/1,965/2,080, stoploss: 1,722.
LOGIC BEHIND TRADE: Stock on daily chart has formed (W) pattern & near it`s resistance if breaks next resistance will be all time high above (ATH) on weekly chart (harmonic xabcd pattern level 1.618) will be activate & target will be 2,080. Stoploss is taken low of resistance candle. NSE:GRASIM
