vinay182

swing trade

THIS strategy is based on the
franklin ochao swing trade book

confirmed bullish - when ever stock closed above R2 (more bullish )
when ever stock closed between R1 AND R2 (moderatly bullish or consolidation phase with respect to previous trend)
entry1 for more bullish trend is buy at every dips means when ever price low below pivot when it open above the pivot
entry2 for more bullish trend is buy at low is below s1

keep strictly stoploss at s1 of previous day (r2 close day)
trend reversal is possible once stock close below s1 in 1hr time frame
virgin cpr or missed pivot is added a advantage

For bearish mode this vice verse
Release Notes: Updated trend analysiser
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

For Tuesday
For long side
ACC
Hul
HDFC life

For short side
Upl
Escort
Tata chemical
M&m

Pls go with market direction
Reply
Thanks for all your likes
For Monday.. check this script on this many stocks given below..

Long side
IFB
GRALUES
ESAB INDIA
Vst tillers
blue dart

Short side
Reliance
ITc
Power grid
Larsen
Bpcl
Reply
vinay182 vinay182
@vinay182, since market was on short side.. we go with short and we got entry for ITc and bpcl..
Best trading with 2% each..
Reply
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