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Swingtrading

Dmart- Bullish Swing-Will ascending channel continue its path? NSE:DMART 20.08.2024 Buy- 5090 Target-5275 Stop Loss-4883 Risk Reward-1:1 Price is creating multiple HH & HL after a good breakout in March 2024 Price is again approaching all time high which has previously reached in 2021. 1.Breakout- Inside bar 2.Trend- Upward range 3.KeyLevel- Bounced from Key support level 4.Volume- Good volumes in breakout candle in last few sessions 5. EMA- 21 EMA Rejection & price above 50 EMA 6. RSI- Bullish indication
NSE:DMARTLong
by Swinging_Inside_the_BAR
2
IDFC-Bullish swing- Will history repeats? 02.09.2024 Buy- Above 115 Target- 119.5 Stop Loss-109.5 Risk Reward- 1:1 1.Breakout-Inside bar breakout 2.Trend- After very good uptrend price is under downward range channel with frequent LH & LL formations. 3. key level- Price has bounced from horizontal support zone by formation of triple bottom and also from channel support level. 4.Volume- Good increasing volumes with above average level 5. EMA- W Patter breakout expected in narrow view and Bullish flag in broad view(Different time frame) 6. Fair value gap rejection and price crossed 50% level in channel.
ILong
by Swinging_Inside_the_BAR
SWING IDEA - RK FORGINSRK Forgings , a key player in the forging industry, is showing technical indicators that suggest a promising swing trade opportunity. Reasons are listed below : 850 Resistance Turned Support : The 850 level, previously a strong resistance, has now turned into a robust support level, indicating a potential floor for the stock price. Bullish Engulfing Candle on Daily Timeframe : The recent formation of a bullish engulfing candle on the daily chart signifies strong buying pressure and potential for upward movement. 50 EMA Support on Daily Timeframe : The stock is finding support at the 50-day exponential moving average, reinforcing the bullish sentiment and providing a reliable support level. 0.382 Fibonacci Level Support : The price is bouncing off the 0.382 Fibonacci retracement level, suggesting a healthy pullback and resumption of the uptrend. Volume Spike : A noticeable increase in trading volumes confirms the strength of the price move, indicating strong investor interest and participation. Target - 1000 // 1100 Stoploss - Daily close below 810 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:RKFORGELong
by Visionary_Growth_Insights
Why I Prefer Swing Trading Over Day Trading Introduction: When it comes to trading, the choice between day trading and swing trading can significantly impact your stress levels, decision-making, and overall success. In this article, I’ll explain why I choose swing trading over day trading, focusing on the benefits of a more relaxed approach that aligns better with my trading style and goals. 1. Day Trading Can Be Stressful Constant Monitoring: Day trading requires you to be glued to your screen, monitoring every market movement. This constant vigilance can lead to significant stress and fatigue, affecting both your physical and mental well-being. Emotional Pressure: The need to make rapid decisions can push traders into emotionally charged trades. The pressure to act quickly often results in mistakes, leading to losses that could have been avoided with more time and analysis. 2. Swing Trading Offers a More Relaxed Approach Less Time-Intensive: Swing trading allows you to analyze the market at a more leisurely pace. You don’t need to monitor every tick, giving you the freedom to balance trading with other life activities. Better Decision-Making: With swing trading, you have more time to evaluate market trends, conduct thorough analysis, and make informed decisions. This approach reduces the likelihood of making impulsive trades based on short-term market noise. 3. Swing Trading Aligns with Price Action Strategies Focus on Market Movements: Swing trading aligns well with price action trading, where the focus is on understanding market movements over days or weeks. This method allows you to identify and capitalize on significant trends without getting caught up in the daily fluctuations. Fewer Trades, More Thoughtful Entries: Swing traders make fewer trades, but each one is carefully planned and based on a broader market perspective. This thoughtful approach often leads to better long-term results. Conclusion: In conclusion, while day trading may appeal to those who thrive on the excitement and rapid pace of the markets, it can also lead to significant stress and emotional trading. Swing trading, on the other hand, offers a more balanced and thoughtful approach, allowing traders to focus on long-term success without the constant pressure of day trading. For these reasons, I choose to focus on swing trading, where I can maintain a healthier lifestyle and make more informed, less emotionally driven trading decisions. This approach emphasizes the importance of aligning your trading strategy with your lifestyle and psychological strengths, ultimately leading to better trading outcomes.
OANDA:XAUUSDEducation
by Mihai_Iacob
5