Swing Trading Opportunities for the week beginning 20-12-21SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 20-12-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan. Some readers feel that I am simply listing down several scrips so that if they go up I can claim so. This is not the case - I am not here to score any points. I am sharing my weekly analysis and if you like it, read it and if you do not agree, I am fine with that. ON MY WATCHLIST FOR THE COMING WEEK I have changed the format to some extent and I request you to let me know if you like this approach to finding Swing Trading Opportunities or the one that I was following till last weekend. Important - Nifty is below 17000 and this analysis is purely based on what is seen on the charts as low risk entries. It is possible that you may come across several other opportunities but as the markets fall, my universe of analysis gets restricted to my holdings and Nifty as well as Bank Nifty. This week’s analysis has been performed accordingly. It is easy to get attracted by several opportunities but funds are limited but underlying risks are not. I have filtered the sectors based on Monthly candles. Here are the likely candidates for the week - SECTORS LOOKING GOOD FOR LONG POSITIONS- Considering the Monthly Charts, the following sectors look good: Auto Bank Nifty CPSE Media PSE Considering the Weekly Charts, the following sectors look good: Auto Bank Nifty CPSE FMCG IT Media MidCap100 PSU Bank Realty If you look at the sectoral indices on the daily charts, all of them look beaten down and you would not like to trade them. This is precisely the message for a short term trader - these could be good short sell candidates, but not for Swing or Positional candidates. WEEKLY TIME FRAME- FOR LONG POSITIONS - Nifty Spot at 16985 Adani Ports Grasim HDFC HDFC Life ITC Maruti Reliance Tata Consumer NAM India Accelya Bayer Crop Kotak Bank ETF KSCL Nazara Sun TV Trent I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the setup and the trade basis, please do share so that together we can learn. Here is the Video Link: Thank you for your time and Happy Learning, 19-12--21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades. 15:04by AVENUESOFINVESTMENT1
TRENT- DOUBLE TOP - BEARISHWhy this Trade..?? Bearish Because 1.Classic Double top pattern 2.No Clear Support at Present LTP,So it must touch the Support we have drawn. Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.by GreenBull_Updated 0
TRENT short term for sellTrade based Near the previous day resistance, market change the trend in lower tf. and also market acting or sustain in major hr support and also its looks like a bounce back. when the market break the support. then we can expect some in that script.Shortby Grow_upsideUpdated 0
At trendline supportTrent is at trendline support RS is still positive RSI should reverse from here for a new upward journey else it will form a bearish divergence and probably trendline wont hold on. by PraffulAgarwal0
Buy Call On TRENTShort term upside possible in this stock.Now Buy it at the correct price.There is a chance to go the stock @1200 very soon. Buy Trent @1090 Target@1200Longby YA00420
SWING TRADE SET UP TRENT buy around 1055-1058 target 1149 sl 1007-DKM SIR buy when you seen the level of buying zone otherwise ignore it ..Longby DKM_111
Trendline and possible ATH breakout The stock has been trending on the upside all along and is well above all moving averages. Needs to break the trend line at the top and move to the next phase of consolidation. Possible selling at the top before the next upmove. by Srivis125Updated 0
TRENT LTD... A BREAKOUT??Looks like we have a breakout in Trent... Trade with a stop loss below the trendline. Longby Stock-HolmesUpdated 2
inverse head and shoulder swing trade !trent : 902.35 trade setup : 1. buy above 920 2. keep stop loss as 886 on closing basis 3. targets : 946/970/1000+ technical buy based on : 1. inverse head and shoulder pattern 2. volume note : hourly time frame taken for the pattern study .Longby HARMONICSANANDUpdated 3312
3 reasons to buy || Trent1) Ascending triangle pattern breakout. 2) Breakout-Retest-continuation. 3) RSI above 60 showing good strength. Can be bought for a target of 1055 and 1115. Buy around 1005-1015 and SL will be 940 on a closing basis. Do FOLLOW for more ideas.Longby TradingWithRahul225
Trent looks good for a run here.Trent limited: very limited stop ner trendline. no major resistance in the top. looks good for a run. Note: Only for educational purpose. NOT trading/investment advice. Longby chill_trader1230
Looking good for higher targets!Looking good for higher targets. F&P Break Out done. Buy above today's high of 1050 for Target 1100+Longby Equity_OptionTrader2
Trent -Flag Pennant BreakoutTrent : Flag Pennant Breakout, Need to sustain Long above 1051 with SL 1035Longby roshansai1
Trent breakout after cup n handle formation.Trent is raedy for breakout after making cup n handle on daily time frame. This is only for educational bpurpose only.Longby RiteshJara0
#trent is trending#trent is trending. previous resistance was taken out and could see further up move with decent momentum in all timeframes.Longby seekedgetrade1
TRENT BreakoutTrent breaking out of this triangle pattern. Looks good for swing traders above 980.Longby abinash973
Trent Long IdeaTrent closed near all time high after long time. risk reward average. But if give breakout above trend line, Reward can double from here. Longby jalajkhajotia6