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ICIBANK: Swing: 1D 16-Oct'24 ICICI Bank is trading in a channel (marked) for the last several months and is in a uptrend. ADX is 21 (>20). The ADX slope is -ve but seems like the slop is reducing and will turn positive in the coming days. The stock hit the bottom of the channel on 11-Oct24 with a red candle and then on 14-Oct'24 bounced back with green...

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POLYCAB: Swing: 1D 15-Oct'24 Stock has been in an uptrend since long Starting 25-Jun'24 the uptrend has paused and the stock has been trading in a range until about 19-Sep'24. ADX is ~ 14 on 19-Sep'24 confirming range bound trade Starting 23-Sep'24 the stock has again resumed its uptrend. It broke above its range levels on 27-Sep'24 It broke above its...

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UTIAMC: Multi-Year Breakout: Weekly Timeframe: Week ending 04-Oct Stock comfortably broke the high (1216.2) it made in 06-Sep-21 and closed above in the week starting 02-Sep-24. A multi-year breakout on a weekly time frame Over the same window company's PE ratio has decreased from 27.2 on (06-Sep-21) to 19.7 on (04-Oct-24) indicating a more attractive...

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HCLTECH: Swing: 1D 14-Oct'24 Stock has been in an uptrend since around 27-Jun'24 Starting 02-Sep'24 the uptrend has paused and the stock has been trading in a range. Marked on charts. ADX ~ 17 also confirms range bound trade The stock broke the trend on 11-Oct'24 with volumes greater than 50 SMA. The stock has taken support at 9 day SMA. It also...

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Potential Multi-Year Breakout: Monthly Timeframe: Month Oct-24 Price, Volume, RSI, Timeframe of breakout & Timeframe of analysis Stock is about to break its all time high (1819.20) it made in Jan'18. Ignoring the wick of the Jan'18 candle since the wick is much larger than the body Volume in the month of Oct'24 is currently (10-Oct'24) NOT above the 9...

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Multi-Year Breakout: Weekly Timeframe: Week ending 11-Oct Price, Volume, RSI, Timeframe of breakout & Timeframe of analysis Stock broke its all-time high (5425.1) it made in 18-Oct-21 and closed above in the week starting 09-Sep-24. Volumes in the week of 09-Sep-24 were above the 9 SMA RSI in the week of 09-Sep-24 (74.80) is above 60. A multi-year...

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STRIDE: Multi-Year Breakout: Monthly Timeframe: Month ending Aug-24 Price, Volume, RSI, Timeframe of breakout & Timeframe of analysis Stock broke its all-time high (1323.15) it made in Nov-15 and closed above in the month of Aug-24 Volumes in the month of Aug-24 was NOT above the 9 SMA RSI in the month of Aug-24 (86.10) is above 60. A multi-year...

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Multi-Year Breakout: Monthly Timeframe: Month ending Jul-24 Price, Volume, RSI, Timeframe of breakout & Timeframe of analysis Stock broke its all-time high (277.95) it made in Jan-08 and closed above in the month of Jul-24 Volumes in the month of Jul-24 were above the 9 SMA RSI in the month of Jul-24 (80.93) is above 60. A multi-year (19 years)...

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Symmetrical Triangle Breakout: Weekly Timeframe: 26-Aug-24 Stock forming a symmetrical triangle pattern and can break-out in either direction. Will wait for a bullish breakout above the trendline on a weekly basis before entering In the week of 26-Aug-24 stock brokeout with a bullish candle. Will enter the trade in the coming week Volume during the week...

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MFSL: Multi-Year Breakout: Monthly Timeframe: Oct 24 Stock broke the high it made in Jul'21 in Sep'24. A multi-year breakout on a monthly time frame RSI is just above 60 - Indicating good buy demand Breakout in Sep happened with above average trade volume (9 SMA) Entry and y'day 01-Oct close @ 1185.75 Target = Breakout level + Drawdown during...

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IPCALAB: Multi-Year Breakout: Monthly Timeframe: Oct'24 Stock comfortably broke the high (1383.1) it made in Sep'21 and closed above in Sep'24. A multi-year breakout on a monthly time frame RSI in Sep'24 (63.27) is above 60. Breakout in Sep did not happen with above average trade volume (9 SMA) Drawdown = 713.3/- Target = Breakout level + Drawdown...

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LUPIN: Multi-Year Breakout: Monthly Timeframe: Sep 24 Stock broke the high it made in Apr'15 & Oct'15 in Aug'24. A multi-year breakout on a monthly time frame RSI (77) is just above 60 - Indicating good buy demand Breakout in Sep happened with above average trade volume (9 SMA) Entry on 03-Sep Target = Breakout level + Drawdown during consolidation...

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VEDANTA: Multi-Year Breakout: Monthly Timeframe: Oct'24 Stock broke the high it made in Mar'10 & Apr'10 (495) in Sep'24. A multi-year breakout on a monthly time frame RSI (77.43) is above 60. Breakout in Sep happened with above average trade volume (9 SMA) Drawdown = 437/- Target = Breakout level + Drawdown during consolidation phase = 495 + 437 ~...

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From Swing Trading for Dummies using the following strategy Identify whether a trading range exists by using ADX (preferably below 20) Wait for %K to enter the overbought or oversold territory. Buy the security when %K crosses up through %D and above the oversold zone. Exit after stochastics reaches the opposite zone. Alternatively, you can exit after a...