Swingtradingsetup
DAILY SWING CALL // Thursday 20th of May 2021 // NSE: PRSMJOHNSNDAILY SWING CALL // Thursday 20th of May 2021 // NSE: NSE:PRSMJOHNSN
// 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: 140
TARGET: 161+ (15% Around)
STOP LOSS: 126 (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.
BERGERPAINT Analysis- Buy Uptrend ResumedBERGERPAINT
Buy -Above 775
SL- 750
Target- 800 825 850 875 900
Always use alerts for trading.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Also check the below related ideas for other stocks.
Buy BANKBARODA For 10-20% TargetYou can initiate a buy position in bankbaroda. Consider the given levels for initiating this trade.
Buy-Above 80
SL -73.5
Target- 87 95
Duration- 1-2 Weeks
Disclaimer:- I am not SEBI registered. All the analysis shared is my personal opinion.
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Swing opportunity in State Bank Of India Monthly RSI- 60
Weekly RSI- 60
Daily RSI- 40
A strong breakout from a multi year channel. The price has come to the multi year resistance level which will most probably now act as a support forming a higher high, higher lows structure. As Bank Nifty recovers this stock will see new highs.
Target1- 420
Target2- 450
Time: 3-4 months(target can be achieved early too)