SBIN - SWING TRADE IDEA (KEEP AN EYE ON THIS LEVEL)High probability setup - SBIN continuously consolidating in a range of higher lows and higher highs. TGTs should be as per graph. Keep a tight SL of 426.75 and tanke a trade after breakout of 435.50 level. Conservative traders wait for retesting the same breakout level. However, rest are add qty once resting level come. Upside momentum pending in BankNifty. Happy Trading! :D
Swingtradingsetup
What can and what should a swing trader do ?This post is for educational purpose only.In the post we will discuss on how to analyse the chart of a stock on multi-time frame.We will also discuss on how to take a trade after the breakout on the consolidation after the breakout for few trading sessions.Also look into the next few posts which is a continuation of this post.
DAILY SWING CALL // Monday 14th of June 2021 / NSE:ALICON / NEXTDAILY SWING CALL // Monday 14th of June 2021 / NSE:ALICON
// 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: 554.6
TARGET: 638+ (15% Around)
STOP LOSS: 500 (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.
swing trade in channel pattern🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
Swing trade breakout stock🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
Good swing oppurunity🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
Balrampur Chini Mills Ltd 1H analysisBALRAMPUR has been moving in a channel
we have given this stock in our previous analysis
as a breakout but it got rejected by the upper
trendline, and now it has reached the lower
trendline and it has support at the same spot
where it can possibly find support.
It has already bounced from the support
here the SL will be minimal and the reward is high