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SWING IDEA - CAR TRADE TECHCarTrade Tech is showing a promising swing trade setup based on the following key technical signals. Reasons are listed below : Break of Cup and Handle Pattern : The price is attempting to break out of a classic cup and handle pattern, which is a strong bullish continuation signal. 950 Zone Tested Multiple Times : The 950 zone has been tested repeatedly, indicating it is a strong resistance level. A breakout above this level could result in further upward momentum. VCP Pattern in Uptrend : A Volatility Contraction Pattern (VCP) is forming, which suggests tightening price action and may lead to a breakout if volatility decreases and buying pressure increases. Bullish Engulfing Candle on Weekly Timeframe : A bullish engulfing candle on the weekly chart reinforces the potential for an upward move, showing strong buying interest. Increase in Volumes : A noticeable spike in volumes supports the bullish sentiment and confirms that market participants are actively involved in this move. Higher Lows : The lows are consistently shifting higher, indicating sustained buying pressure and upward momentum. Target - 1110 // 1210 // 1400 Stoploss - weekly close below 750 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:CARTRADELong
by Visionary_Growth_Insights
2
$UPST Bullish Flag can Test August '23 HighIn my search for technically sound swing trade ideas I stumbled on $UPST. What we are looking at is almost a perfect technical setup of a bullish continuation flag. We have a nice breakout or "flag pole" on high volume followed by a generally controlled flag pattern down with low volume. What I really like about this setup is it is measuring to test its August '23 high almost perfectly. According to technical analysis, "flags fly at half mast" meaning they form at the midway point of the move. In order to measure the following move precisely you can measure the distance of the preceding breakout point. In this case, the breakthrough of the lower level resistance. Measuring this, I found that the following move could be around $12, putting it at $60 a share and right at the upper level resistance. Invalidation would occur with a daily close below the lower trendline of the flag. I think we could see the start of a large upside move within the next week or two. Unfortunately, we also have the election next week which does all sorts of weird things to the market as a whole. If this setup invalidates but bounces off the lower (previous) line of resistance- I will take another look.
NASDAQ:UPSTLong
by sbridger33
SWING TUTORIAL - ICICIPRULIIn this tutorial, we analyze the stock NSE:ICICIPRULI (ICICI Prudential Life Insurance Company Limited) identifying a lucrative swing trading opportunity following its all-time high in Sep 2021. The stock declined by nearly 50%, forming a Lower Low Price Action Pattern, but subsequently reversed its trend. At the same time, we can also observe the MACD Level making a contradictory Pattern of Higher Lows. This Higher Low Pattern of the MACD signaled the start of a Bullish Momentum, thereby also signaling a good Buying Opportunity. The trading strategy yielded approximately 88% returns in 71 weeks. Technical analysis concepts used included price action analysis, MACD, momentum reversal, trend analysis and chart patterns. The MACD crossover served as the Entry Point, with the stock rising to its Swing High Levels of 724 and serving as our Exit too. As of wiring this tutorial, we can also notice how the stock is making a breakout and retest of the Swing High levels and trying to continue its momentum further upward trying to make a new All Time High. KEY OBSERVATIONS: 1. Momentum Reversal: The stock's price action shifted from a bearish to a bullish trend, indicating a potential reversal. 2. MACD Indicator: The Moving Average Convergence Divergence (MACD) line showed steady upward momentum, signaling increasing bullish pressure. 3. MACD Crossover: The successful crossover in March 2023 confirmed the bullish trend, creating an entry opportunity. TRADING STRATEGY AND RESULTS: 1. Entry Point: MACD crossover in March 2023. 2. Exit Point: Swing High Levels - 724. 3. Return: Approximately 88%. 4. Trade Duration: 71 weeks. TECHNICAL ANALYSIS CONCEPTS USED: 1. Price Action Analysis 2. MACD (Moving Average Convergence Divergence) 3. Momentum Reversal 4. Trend Analysis 5. Chart Patterns NOTE: This case study demonstrates the effectiveness of combining technical indicators to identify bullish momentum. By recognizing Price Action, MACD movements, and Reversal patterns, traders can pinpoint potential entry and exit points. Would you like to explore more technical analysis concepts or case studies? Share your feedback and suggestions in the comments section below.
NSE:ICICIPRULIEducation
by thepranam
IRFC - Strong Support Zone (Swing Trade Setup)Indian Railway Finance has been trading around a major support zone between ₹130 and ₹135, which has been tested multiple times in the past. The stock has shown signs of rebounding off this zone. Support Zone: ₹130 - ₹135 (highlighted in orange) Current Price: ₹141.99 Potential Rebound: The price is currently bouncing from this strong support area, which has held up well over several months. This indicates potential buying interest around these levels. Entry Strategy: I’ll be watching for further bullish confirmation. A 15-minute candle breaking above today's high or a strong daily close above ₹142.80 could be an indication to enter the trade . Risk Management: If the price closes below ₹130 on a daily candle , I’ll consider exiting the trade as it would indicate a breakdown of the support zone. This setup provides a favorable risk-to-reward ratio, especially given the multiple bounces off the support zone in the past. If the support holds, the stock could be in for a significant upward move. Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
NSE:IRFCLong
by gupshupblog
Anant Raj - Long Setup (Swing Trade)Anant Raj is approaching a critical zone for a potential long trade setup. Here’s the plan: Entry Zone: 686.30 Entry Price: Once a 15-minute candle breaks above 686.30 , the high of that candle will confirm the entry. Target: 788.7 Stop Loss: 635.10 (Triggered if a daily candle closes below this level) The price is testing the entry zone around 686.30 , and a confirmed breakout could lead to a potential move towards the target of 788.7 . The stop loss is well-defined at 635.10 , providing a good risk-reward ratio for this trade. Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
NSE:ANANTRAJLong
by gupshupblog
Buybacks vs. Dark Pool RotationThis lesson is about understanding the dynamics behind corporate buybacks. Sell-Side Institutions, aka the Banks of Record, have their floor traders do the actual buying of shares on behalf of the corporation. However, the Dark Pools, meaning the Buy-Side Institutions, start selling as the buybacks are going on. This training will help you enter a buyback sooner and exit with higher profits for swing trading. We'll study the NASDAQ:AAPL chart to identify buyback candlestick patterns and how to see when the Dark Pools are selling to lower inventory, which is called "rotation." You will also see how the TTAccum/Dist indicator works, and how I use this excellent, leading Hybrid Indicator to aid in my analysis.
NASDAQ:AAPLEducation
by MarthaStokesCMT-TechniTrader
3
India Cements - Long Setup (Swing Trade)India Cements is approaching a critical zone for a potential long trade setup. Here’s the plan: Entry Zone: 363.95 Entry Price: Once a 15-minute candle breaks above 363.95 , the high of that candle will confirm the entry. Target: 394.85 Stop Loss: 348.50 (Triggered if a daily candle closes below this level) The price is currently testing the entry zone at 363.95 , and a confirmed breakout could lead to a potential rally towards the target of 394.85 . A stop loss is set at 348.50 to manage risk, offering a favorable risk-reward ratio for this trade. Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
NSE:INDIACEMLong
by gupshupblog
SWING IDEA - JBM AUTOJBM Auto , a leading manufacturer of auto components and systems, is showing promising technical indicators for a potential swing trade. Reasons are listed below : Strong Support at 1700 : The 1700 level has proven to be a robust support zone, indicating strong buying interest and a solid base for potential upward movement. 'W' Pattern Formation : The stock is forming a 'W' pattern (double bottom) at this crucial support zone, which is a bullish reversal pattern suggesting that the downtrend may be over and a new uptrend could be beginning. Golden Fibonacci Support : The price has found support at the 0.618 Fibonacci retracement level, often considered a strong support zone and indicating a potential reversal or continuation of the uptrend. Trading Above 50 and 200 EMA : JBM Auto is trading above both the 50-day and 200-day exponential moving averages, indicating a strong and sustained uptrend. Constant Higher Highs : The stock has been consistently making higher highs, reflecting ongoing bullish sentiment and a sustained uptrend. Target - 2430 Stoploss - weekly close below 1670 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:JBMALong
by Visionary_Growth_Insights
2
SWING IDEA - DLFDLF , a major player in the real estate sector, is showing promising technical signals for a swing trade. Reasons are listed below : Break of Flag and Pole Pattern : The stock has broken out of a flag and pole pattern, a continuation pattern indicating the potential for further upside in the ongoing trend. 800 Zone as a Strong Support : The 800 level has proven to be a solid support zone. The price is currently bouncing back from this level, suggesting that buyers are stepping in to support the price. Bullish Engulfing Candle on Weekly Timeframe : The formation of a bullish engulfing candle on the weekly chart indicates strong buying pressure, which often leads to a continuation of the upward trend. Trading Above 50 and 200 EMA : DLF is trading above both the 50-day and 200-day exponential moving averages, reinforcing the bullish sentiment and indicating strong support at these levels. Intact Uptrend : The overall trend remains intact, suggesting that the stock is in a strong upward trajectory with the potential for further gains. Target - 967 // 1030 Stoploss - weekly close below 795 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:DLFLong
by Visionary_Growth_Insights
SWING IDEA - RADICO KHAITANRadico Khaitan , one of India's leading liquor manufacturers, presents a potential swing trade opportunity based on strong technical signals. Reasons are listed below: Break of Ascending Triangle Pattern : The stock has broken out of an ascending triangle pattern, indicating strong bullish momentum and a potential continuation of the uptrend. Bullish Engulfing Candle on Weekly Timeframe : The formation of a bullish engulfing candle on the weekly chart signifies a strong reversal signal, reinforcing the stock's upward movement. Trading Above 50 and 200 EMA : Radico Khaitan is trading comfortably above both the 50-day and 200-day exponential moving averages, further confirming the strength of the current uptrend. All-Time High Daily Close : The stock recently closed at an all-time high, indicating strong market confidence and potential for further gains. Target - 2160 // 2400 Stoploss - daily close below 1625 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:RADICOLong
by Visionary_Growth_Insights
1
SWING IDEA - ANAND RATHI WEALTH LTDAnand Rathi Wealth Ltd , a leading wealth management company in India offering financial advisory services, is presenting a potential swing trading opportunity. Reasons are listed below: 4300 Zone Breakout : The 4300 level has been tested multiple times, and the stock is now breaking out, suggesting renewed buying interest. Bullish Engulfing Candle on Daily Timeframe : A bullish engulfing pattern has formed on the daily chart, indicating strong upward momentum. Breaking Consolidation Zone of 6 Months : The stock is breaking out of a long consolidation phase, which could lead to a new bullish trend. Trading Above 50 and 200 EMA : The price is trading above both the 50 and 200-day exponential moving averages, reinforcing the bullish outlook. Volume Spike : An increase in trading volumes supports the strength of the breakout, indicating robust market participation. Target - 4850 Stoploss - daily close below 3990 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:ANANDRATHILong
by Visionary_Growth_Insights
Deepak Fertilizers - Breakout Setup (Swing Trade)Deepak Fertilizers has reached a critical zone, and a breakout appears to be forming. Here’s the trade plan: Entry Zone: 1134 Entry Price: Once a 15-minute candle breaks above 1134 , the high of that 15-minute candle will confirm the entry. Target: 1492.8 Stop Loss: 954.60 (Valid only if a daily candle closes below this level) This setup offers a favorable risk-to-reward ratio. The price is testing the entry zone, and a breakout above it could lead to a potential rally towards 1492.8 . The stop loss is well-defined at 954.60 , which is only triggered if a daily candle closes below it. Disclaimer: This post is for educational purposes only and not financial advice. Always manage your risk and trade responsibly.
NSE:DEEPAKFERTLong
by gupshupblog
5
My Bullish GBP/USD Strategy Using X1X2!You have no idea how many opportunities are there when you're simply following "X1X2"! I invite you to engage with me in this analysis! Current Fundamentals Supporting a Bullish Bias on GBP/USD: 1. Positive UK Economic Data: Recent reports indicate that the UK's GDP expanded by 0.2% in August, aligning with analyst expectations. Additionally, industrial production and manufacturing have shown growth, which supports the Pound's strength against the Dollar. 2. Diminishing US Dollar Strength: The US Dollar has faced selling pressure, particularly in light of recent mixed macroeconomic data. A softening inflation rate and rising initial jobless claims have raised concerns about the US economy, contributing to a bullish outlook for GBP/USD. 3. Market Sentiment Shift: An improving risk mood among investors has led to optimism regarding potential Federal Reserve rate cuts. This sentiment has weakened the Dollar, allowing GBP/USD to gain traction above key support levels. Utilizing Probabilities in My Swing Trading Strategy: In my trading approach, I employ a system known as X1X2, which focuses on probabilities to determine optimal entry points for long positions in GBP/USD. In conclusion, my bullish bias on GBP/USD is supported by favorable economic indicators from the UK and weakening US economic data. By leveraging probabilities through my X1X2 system, I aim to position myself effectively for potential long trades in this pair. 1W: 3H:
Long
by Jasminex1x2