Swingtrading
CHOLAFIN | SUPPORT RESISTANCE BREAKOUT | SWING TRADECHOLAFIN | SUPPORT RESISTANCE BREAKOUT | SWING TRADE
Stock keeps on jumping from last resistance to a new higher high and consolidates for somtime.
After sometime again stock jumps to next leavel and consolidates.
Now stock started to take support from the resistance band and moving upward and looks like to go around 7% solid this time
Disclaimer: For educational purpose only and not investment idea
CYIENT | Ascending Triangle Breakout | Swing TradeCYIENT | Ascending Triangle Breakout | Swing Trade
Chart Analysis
1) Stock taking good support more than 3 times at bottom of triangle and good resistance touching more than 4 times on top of triangle
2) Good volume breakout at the end point of ascending triangle
3) Good EMA 20 support as well at the breakout point
Disclaimer: Only for educational purpose and not an investment idea
RUPA - DARVAS BOX BREAKOUT DAILY CHARTThe stock has formed DARVAS BOX pattern
on the DAILY chart.
One can enter above 342 with a strict Stoploss of 320
Target 1 - 360
Target 2 - 380
Target 3 - 400
#SWING TRADE
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
PVR - Positional Long SetupCMP 1349.30
The stock is showing reversal signs in the last few sessions. The logics are indicated on the charts.
MACD is also showing reversal signs even on weekly charts.
Above all, the risk-reward is pretty good at this point.
If gains momentum over 1350, targets may be 1460/1550/1640.
If sustains below 1300, that will show weakness on the charts. One has to plan an exit according to risk management.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
CHFMXN - TRADE ON SHORT SIDE FOR HUGE PROFITSymbol - CHFMXN
CHFMXN is currently trading at 22.37
I'm seeing a trading opportunity on sell side.
Shorting CHFMXN pair at CMP 22.37
I will be adding more if 22.48 comes & will hold with SL of 22.71
Targets I'm expecting are 21.30 - 20.90
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
JUBLPHARMA JUBLPHARMA
The recent monthly candle is a strong bullish candle, showing a significant upward move. This adds confidence to the breakout.
The stock has recently broken above a strong horizontal resistance level (around ₹900-₹915), which was tested multiple times in the past. This breakout is a bullish signal.
A dotted trendline on the chart indicates a bullish trend. The breakout above the resistance is accompanied by this upward trendline, further confirming the bullish momentum
volume:-
There seems to be an increase in trading volume during the breakout, which is a positive sign. It indicates that the breakout is supported by strong buying interest.
Earnings Growth:
Analyze the company’s earnings growth over the past few years. Consistent earnings growth can support long-term price appreciation.
Evaluate the company’s debt-to-equity ratio. Lower debt levels or effective debt management strategies are favorable for long-term investments.Assess the pharmaceutical sector’s outlook. If the sector is expected to grow due to favorable market conditions or innovations, it could be a good sign for long-term investors.
Compare the stock’s current valuation metrics (like P/E ratio, P/B ratio) with its historical averages and industry peers. If the stock is undervalued, it may offer a good entry point.
Long-Term Investing:
If the fundamentals align with your investment criteria, the stock may offer a good long-term opportunity, particularly if the company continues to grow and the sector remains favorable.
for MORE check in my Tv-id " in.tradingview.com "
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏🙏
signal by our scanner dt:-19/08/2024
Short Term Swing Trading Idea in HPL Electric for > 20% UpsideHi,
NSE:HPL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
TECHM - CUP AND HANDLE PATTERN DAILY CHART The stock has formed CUP & HANDLE pattern
on the DAILY chart.
One can enter above 1589 with a strict
Stoploss of 1531
Target 1 - 1629
Target 2 - 1670
Target 3 - 1700
Target 4 - 2150
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
CNCRD - Ready for next swing?CNCRD - Concord Control Systems
I see that CNCRD is ready for it's next swing with an upside potential of approximately 50%
The company has excellent fundamentals and has strong clientele, both fundamentals and technical of this stock looks very good and will be a good swing trading opportunity.
NESTLEIND looks good for swing tradeAs shown in the chart, the price was previously coming down every time it was touching its resistance line. But recently, it has broken its resistance and took support on the same resistance line and formed an inverted head-and-shoulders pattern, which is a bullish-reversal signal. So, these all are suggesting that NESTLEIND is ready for the next bullish move.
Cello Worlds Ltd (Long Trade setup)NSE:CELLO
Company Overview: Cello World Ltd
Cello World is a leading Indian consumer product company mainly dealing in writing instruments and stationery, molded furniture, consumer housewares, and related products
Technical Analysis:
Support from Trendline and Rising Channel Formation:
Cello World Ltd has shown strong technical patterns, including support from a trendline and a rising channel formation, indicating bullish momentum.
Trendline Support: The stock has consistently bounced off a well-defined upward trendline, suggesting strong buying interest at lower levels.
Rising Channel Formation: The price movement has been contained within a rising channel, characterized by higher highs and higher lows, which typically signifies a bullish trend continuation.
Investment Idea:
Buy Setup :
Entry: Buy above 900 levels, as this confirms strength in the ongoing uptrend and breaks through potential resistance.
Targets: Initial targets are set at 975 and extended targets at 1075, reflecting potential upside based on the current technical setup and market conditions.
Stop Loss: Place a stop loss below 870 to manage risk, ensuring protection in case of a reversal or unexpected downturn.
Conclusion:
Cello World Ltd presents a compelling technical setup with support from a trendline and a rising channel formation, suggesting a bullish outlook. Investors could consider entering the stock above 900 levels, targeting 975 initially and potentially extending gains to 1075, while managing risk with a stop loss at 870. Always consider market conditions and your own risk tolerance before making investment decisions.
Thanks & Happy Trading
S_Rawat
Disclaimer:
This idea is shared for educational purposes and should not be interpreted as financial advice. Please conduct your own research and consider your individual financial circumstances before engaging in any trading activity.
HEIDELBERG CEMENT - CUP AND HANDLE PATTERN The stock has formed CUP AND HANDLE pattern
on the WEEKLY chart.
Wait for strong breakout with good volumes
One can enter above 248 with a strict Stoploss of 212
Target 1 - 284
Target 2 - 310
Target 3 - 340
#SWINGTRADE
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
ASIAN PAINTS - INVERTED HEAD AND SHOULDER PATTERNThe stock has given breakout of INVERTED HEAD AND SHOULDER pattern & Retested
on the daily chart.
One can enter above 3054 with a strict Stoploss of 2970
Target 1 - 3200
Target 2 - 3280
Target 3 - 3360
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
ASIAN PAINTS - INVERTED HEAD AND SHOULDER PATTERNThe stock has given breakout of INVERTED HEAD AND SHOULDER pattern & Retested
on the daily chart.
One can enter above 3054 with a strict Stoploss of 2970
Target 1 - 3200
Target 2 - 3280
Target 3 - 3360
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Testing out scanner - RHIMAfter I stopped F&O altogether as I was not able to get a handle on it and generate consistent returns, I had decided to focus on cash market. For that I had created a simple scanner which would show up stocks which have come up above their weekly high but are still below their 50 day MA. Details of what stocks came up and how they and I performed is what all the video is about. Watch it to see my journey.
CHANGE OF STRUCTURE IN POLYPLEX CORP"Polyplex Corp" is showing lower-lows with the trendline as it's dynamic resistance, and is about to reverse it's whole trend (Bearish to Bullish) in weekly timeframe. 1150 is the level of confirmation for it's structure change. Target is calculated using the XABCD Pattern of Harmonics, which comes out be a return of almost 9% which is a very good return on deployed capital. Profit should be booked immediately between 1240-1250/55 as the bigger trend is bearish and the target level happens to be the PRZ area for the XABCD Pattern. So, keep an eye on this stock above 1150.
How to Journal as a Trader or Investor on Trading View ? Summary of this video
There could be Two types of people Journaling, one who is daily journaling and one who is weekly journaling; both will do the job.
You can make two notebooks for the same: Feelings-based Journal and Stats-based Journaling.
Both serve different purposes.
A feeling-based journal helps you to create a daily habit of writing some compulsory things like pre-market, vix, post-market, and setups, and ask why in terms of positions - if taken and if not taken, whereas to get into the habit of writing a feelings based journal also dig deep into some really important terms like cpi inflation, ppi of some significant economies which effects your markets. These things won't affect your trading, but such add-ons help you give a direction to your journaling power.
A Stats-based journal contains different columns, as told in the video; feel free to add more of your favorite ones and change them as you wish, but every single trade should be respected in such a manner. Journal every single trade like this in terms of numbers. Remars is very important in this journal as it will guide your Fear and Greed.
In conclusion, Finally, if you can do this for at least one month, you will see good results, but what exactly do you have to see?
After one month, read your first-day feeling journal and the first two or three trade remarks. You will be amazed to see how silly mistakes you made in the past or how efficient you were back then and now you are making those mistakes; either will help you grow in mindset and profitability. It enables you to become a better trader by 1% daily.
Feel free to put more ideas and thoughts below in the comment section. Good luck journaling
LICI (pitchfan tool)LICI 6 month breakout with stock made ATH .
The chart shows the price movement of Life Insurance Corporation of India (LIC) on a daily timeframe. Here’s the analysis for swing and long positions:
The chart displays several trendlines which show the stock's downward and subsequent upward movement. The breakout above these trendlines indicates a shift from a bearish to a bullish trend.
Support and Resistance:
Support Levels: Around 950 and 1100.
Resistance Levels: Immediate resistance around 1200.
Volume Analysis:
Increased volume at the points where the price has moved upwards from the demand zone indicates strong buying interest at these levels.
Breakout Confirmation:
The stock has broken out above the trendline resistance and is showing strong momentum upwards, indicating potential for further gains.
for Swing Trading
Entry Points:
1) Breakout Confirmation: Consider entering a long position on a confirmed breakout above the immediate resistance level (1200). Ensure the breakout is accompanied by strong volume to confirm the strength.
2)Pullback to Support: If the price pulls back to the previous support level around 1100, consider entering a long position with a confirmation of a bounce back.
Targets:
1) Primary Target: Around 1300. This can be a target for taking partial profits or setting a trailing stop-loss.
2)Secondary Target: Around 1400. If the stock shows strong upward momentum and volume sustains, aim for this higher target.
Stop-Loss:
1) Initial Stop-Loss: Place a stop-loss just below the support level around 1100 to manage risk in case the price moves against the trade.
2) Trailing Stop-Loss: As the price moves in your favor, use a trailing stop-loss to lock in profits and minimize risk.
Market Conditions: Keep an eye on broader market trends and news that might affect the stock price.
for MORE check in my Tv-id " in.tradingview.com "
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its.
"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
EPL - Swing Trade Analysis - 14th August #stocksEPL (1W TF) - Swing Trade Analysis given on 14th August, 2024
Pattern: CUP & HANDLE BREAKOUT
- Resistance Trendline Breakout - Done ✓
- Volume Buildup at Resistance Trendline - Done ✓
- Pullback Candle with Strong Volumes - Done ✓
- Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer