Swingtradingsetup
SHALBY - Short Term SwingSHALBY
Buy-Above 130
Sl-112
T-155 165 180
Short Term To Mid term
SHALBY has been in correction phase since last 7 months. On 4th April the stock has given trendline breakout of the whole correction phase. Suggesting some kind of retracement of the down move. Stock has made double bottom and the neckline is also tested. Stock is good in Short term to mid term.
POLYCAB INDIA SWING TRADEHello, polycab mid-term swing trade buy: 2,440 targets: 2,620/2,770 stoploss: 2,360.
LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of resistance (breakout buying) (targets identified from harmonic xabcd pattern level 1.131/1.618) stoploss is taken low of resistance candle. Above 2,620 stock can go upto all time high. NSE:POLYCAB
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.
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.
LUX INDUSTRIES SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
Lux Industries - Ready for an bullish move.
Price Action Analysis - Lux Industries is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
Lux Industries(2-Feb-2022)
Buy - 2850
Target - 2950, 3065, 3165
SL - 2750
The Finwiser 📈📊
DABUR SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
Dabur - Ready for an bullish move.
Price Action Analysis - Dabur is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
DABUR(2-Feb-22)
BUY - 552
Target - 558, 569, 578
SL - 544
The Finwiser 📈📊