Swingsetup
SCHAEFFLER Swing Trade, Price is taking support from 50 EMASCHAEFFLER is taking support from 50 EMA in Weekly Chart. (For Swing Trade)
We can go for long swing trade only after price going above 3530 with approx. 6% stoploss and 24% Target.
Risk-Reward = 1:4
Plan your quantity/investment accordingly.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
INDIANB Swing Trade WatchlistINDIANB is taking support from 50 EMA in Weekly Chart. (For Swing Trade)
We can go for long swing trade only after price going above 544 with approx. 7% stoploss and 21% Target.
Risk-Reward = 1:3
Plan your quantity/investment accordingly.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future,
ADITYA BIRLA FASHION (ABFRL) Time to dive for a swing
ADITYA BIRLA FASHION (ABFRL) is trading near its 52 week high & consolidated for few weeks and trying to break resistance, once it breaks and sustain above resistance price will move towards 500INR.
This is just my overview on the basis of price action and i am not recommending to buy or sell.
(I am not SEBI registered)
Tata Communications Swing Trade – VCP Breakout with Bullish MoveOverview:
Tata Communications (NSE: TATACOMM) recently broke above a key resistance level of INR 2070, confirming a Volatility Contraction Pattern (VCP) breakout. With the current price at INR 2126, this presents an ideal opportunity for swing traders to capitalize on the bullish momentum.
Technical Analysis:
VCP Breakout:
The stock has been forming a classic VCP (Volatility Contraction Pattern) over the last few months, characterized by a series of price contractions with each pullback becoming smaller, indicating diminishing volatility.
The breakout above INR 2070 on high volume confirms the end of the contraction phase, signaling that buyers are now in control, which makes this an ideal entry point for a swing trade.
Moving Averages:
The stock is trading well above its 50-day and 200-day moving averages, which are trending upwards, further supporting the bullish outlook. This indicates the presence of a long-term uptrend and adds to the trade's credibility.
RSI & MACD Indicators:
RSI: Currently at 65, showing that the stock still has room to move higher before entering the overbought zone, suggesting further upward potential.
MACD: The MACD line is above the signal line and rising, supporting the breakout confirmation with positive momentum.
Volume Analysis:
The breakout was accompanied by a surge in volume, which is a strong signal of sustained buying interest. This increase in volume validates the VCP breakout and strengthens the likelihood of continued upward movement.
Price Prediction:
Given the strength of the VCP breakout, Tata Communications could see an upward move towards INR 2200 in the short term, with the potential to reach INR 2250 if momentum continues. The immediate support now lies at INR 2070, the previous resistance level, which could act as a cushion in case of pullbacks
Trade Plan:
Entry: Enter at the current price level around INR 2126, as the breakout above INR 2070 has been confirmed.
Stop-Loss: Place a stop-loss below the breakout level at INR 2050 to protect against false breakouts.
Target: First target at INR 2200, with a secondary target at INR 2250.
Risk/Reward:
The risk/reward ratio is favorable at approximately 2.5:1, offering a good opportunity to ride the post-breakout momentum while maintaining a disciplined stop-loss strategy.
Vedanta Limited Bullish ( Range breakout daily chart)Vedanta ltd (VEDL) is bullish for next few days or weeks.
Buy on dip will be my favorite condition...but I will wait higher high- higher low creation on smaller time frame.
Price can created 2 conditions-
1. Test previous resistance, which will act as a support then price will bounce.
2. Price will not bounce after consolidation.
I am not SEBI registered and not recommending to buy or sell, this is just my overview as per price action logics.
SWING IDEA - ADSLMACD crossover is in play in weekly charts indicating a good move upward. Once the crossover is success, the stock can start its rally.
Currently the stock is getting rejected from the 165 levels and forming a Resistance. Once the stock crosses this level after the MACD Crossover, it can start going upward faster.
GOLD 4H CHART ROUTE MAP UPDATEHello Billionaires!!!
We had a great start to the week with our plans to buy dips aligning with our 4H chart idea. Price continues to fluctuate between two levels of weight. We successfully reached and completed the support target at 2488, confirming the rejection and supplying the bounce, without a cross or lock below the level. Some long shorts positions i mark so check the momentum first then took entries don’t rush ok
#polyplex ready for 25% upmove?Polyplex corporation on weekly time frame has closed above the strong resistance of WEMA100 & 200 this week. Above this week's high of 1311 it can try to touch 1516/1630/1680, below 1034 it will once again enter into bearish territory. I will try to enter at retest of DEMA21 around 1140/1137 where risk reward will be maximum. Tomorrow will be an interesting day for this stock, lets see how it performs.
Since I am not SEBI registered, please enter in this stock at your risk and speak to your registered consultant before taking this trade
GBPUSD Week 33 Swing ZonesHighlighting 2 swing zones as always. Both of which are identified from previous weeks price action around the levels.
Using Tradingview's alert, place @ 7389 and @7090
In reviewing previous week; price could swing up, in which case the upper SZ will be highlighted
Price action determines trades: Entry on the 5mins chart to achieve tight stops of 10-15pips
SWING IDEA - GICREStock has made a MACD Cross this week on the Weekly Chart. This crossover can take the stock easily to its Swing High levels again.
The coming week could take the stock to a good move upward if the Market condition remains to be good.
Take entries only after the Market sentiments are favoring.
Buyback Patterns for Swing TradingNASDAQ:AMGN shows a buyback run followed by a sell day that was instigated by market makers as buyers quickly disappeared. Remember that corporate buybacks are done by bank floor traders to add stock to their inventory so they won't take profits at the peak of the run; those are other market participants, such as market makers.
NYSE:KO is another example of a buyback run and how price moves back down after the professionals conclude their buybacks. The buybacks were announced in May this year so this stock has just started its share repurchase program.
Looking for a bullish swing soon on UBER.🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
52 WEEK HIGH BREAKOUT NSE:ALEMBICLTD
All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.