Get started

Swingtrading

Microsoft - We still have to be patient...NASDAQ:MSFT dropped after reporting earnings and can now create a short term correction! Simplicity is key, also when it comes to trading the higher timeframes on stocks. All you need are three lines in order to fully understand the trading history and also future of Microsoft. If we get a retest of the triangle breakout level, which is perfectly lining up with the rising trendline, a bullish continuation will be quite expected. Just wait for confirmation first though! Levels to watch: $350 Keep your long term vision, Philip - BasicTrading
NASDAQ:MSFTShort
by basictradingtv
SWING IDEA - CDSLConsider a promising swing trade opportunity in Central Depository Services Limited (CDSL) , a leading securities depository in India, facilitating the holding and transfer of securities in electronic form. Reasons are listed below : Breakout from Strong Resistance at 2000 : CDSL has successfully broken above a significant resistance zone at 2000, with a strong close, indicating potential bullish momentum. Bullish Marubozu Candle on Daily Timeframe : The presence of a bullish Marubozu candlestick pattern on the daily timeframe suggests strong buying momentum and potential upward movement. Breakout from 5+ Months of Consolidation : The stock has broken out from a consolidation phase lasting over 5 months, indicating a significant shift in market sentiment and potential for sustained upward movement. Spike in Volumes : A notable spike in trading volumes reflects growing market interest and potential accumulation by investors, adding confirmation to the bullish thesis for CDSL. Trading Above 50 and 200 EMA : CDSL is trading above both the 50 and 200 Exponential Moving Averages (EMA), confirming bullish bias and indicating potential for trend continuation. Higher Highs : The stock consistently forms higher highs, reflecting increasing bullish momentum and reinforcing the potential for further gains. Target - 2200 // 2400 StopLoss - Daily close below 1820 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:CDSLLong
by Visionary_Growth_Insights
SWING IDEA - KNR CONSTRUCTIONSKNR Constructions , a leading infrastructure development company, is showing technical signals that suggest a potential swing trading opportunity. Reasons are listed below : 325 Zone Tested Multiple Times : The 325 level has been a significant resistance zone. The price is now attempting to break through this level, indicating strong bullish momentum. Bullish Marubozu Candle on Weekly Timeframe : The recent formation of a bullish marubozu candle on the weekly chart indicates strong buying pressure and suggests potential for further upward movement. 50 EMA Support on Weekly Timeframe : The stock is finding support at the 50-week exponential moving average, reinforcing the overall bullish sentiment and providing a strong support level. Breaking Out of a 3-Year Consolidation Zone : KNR Constructions is breaking out of a long consolidation phase that lasted for 3 years, signaling a potential new bullish trend. Sudden Surge in Volumes : A noticeable increase in trading volumes confirms the strength of the price move, indicating strong investor interest and participation in the current trend. Trading at All-Time High : The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains. However, traders should watch for potential overbought conditions or profit-taking at these levels. Target - 400 // 450 Stoploss - weekly close below 265 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:KNRCONLong
by Visionary_Growth_Insights
SWING IDEA - SUZLON ENERGYA potential swing trade opportunity in Suzlon Energy - a leading renewable energy solutions provider in India. Reasons are listed below : Strong Support at 34-36 : Suzlon Energy has found a robust support level in the 34-36 range, indicating resilience and potential buying interest at these levels. Bullish Engulfing Candle : A bullish engulfing candlestick pattern, confirming the hammer formed in the previous week, suggests potential upward momentum. 0.382 Fibonacci Support : Finding support at the 0.382 Fibonacci level reinforces the bullish outlook, providing a solid foundation for potential upward movement. Trading Above 50 and 200 EMA : Suzlon Energy is trading above both the 50 and 200 Exponential Moving Averages (EMA), indicating positive momentum and potential bullish trend continuation. Constant Higher Highs : The stock has been forming constant higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains. Target - 49 // 60 Stoploss - weekly close below 35 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:SUZLONLong
by Visionary_Growth_Insights
5
SWING IDEA - ATUL LTDAtul Ltd , a prominent Indian chemical manufacturing company, is exhibiting technical patterns that suggest a potential swing trading opportunity. Reasons are listed below : Strong Support Zone : The 5750-6000 range has proven to be a robust support zone, with prices bouncing off this level, indicating buying interest and a potential reversal. Double Bottom Pattern on Weekly Timeframe : This pattern, characterized by two distinct troughs at similar levels, is a bullish reversal signal. It suggests that the downtrend may be over, and a new upward trend could be starting. Reversal from Golden Fibonacci Zone : The price reversed from the 0.618 Fibonacci retracement level, often referred to as the "golden zone." This adds weight to the potential for an upward move. Bullish Engulfing Candle on Weekly Timeframe : The recent weekly candle engulfed the previous 8 weekly candles, indicating a significant shift toward bullish sentiment and suggesting a potential strong rebound. Increase in Volumes : A noticeable spike in trading volume often confirms the strength of a price move, indicating greater participation and confidence in the direction of the trend. Target - 7200 // 7550 Stoploss - weekly close below 5600 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:ATULLong
by Visionary_Growth_Insights
SWING IDEA - AFFLE (INDIA) LTDAffle India , a global technology company specializing in mobile advertising, is showing technical patterns that suggest a potential swing trading opportunity. Reasons are listed below : Ascending Triangle Pattern : The stock is forming an ascending triangle pattern, a bullish continuation pattern that indicates increasing demand and the potential for an upward breakout. Repeated Resistance Testing (1250-1300) : The 1250-1300 resistance zone has been tested multiple times. The stock is now poised to potentially break through this level, indicating strong bullish momentum. Bullish Marubozu Candle : The recent formation of a bullish marubozu candle suggests strong buying pressure and the potential for further upward movement. Trading Above 50 and 200 EMA : Affle India is trading above both the 50-day and 200-day exponential moving averages, indicating a strong uptrend and providing robust support levels. Consistently Making Higher Highs : The stock is consistently making higher highs, indicating a sustained uptrend and ongoing bullish sentiment. Target - 1500 // 1880 Stoploss - weekly close below 1050 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:AFFLELong
by Visionary_Growth_Insights
SWING IDEA - ASHOK LEYLANDAshok Leyland, one of India's leading commercial vehicle manufacturers, presents a compelling opportunity for swing traders. Reasons are listed below : Cup and Handle Pattern : The stock has formed a cup and handle pattern, indicating a potential bullish continuation. This pattern suggests a brief consolidation followed by a breakout, typically leading to an upward trend. Breakthrough of Resistance Zone : The 160-level was a strong resistance point, but the price broke through it, retested, and is now forming new higher highs, indicating a continuation of the upward trend. Bullish Marubozu Candle on Weekly Timeframe : This candle, characterized by a lack of upper and lower shadows, suggests strong bullish momentum and consistent buying pressure. Breaking a Long Consolidation Phase : Ashok Leyland has broken out of a consolidation phase that lasted for 6 years, signaling a significant change in market sentiment and a potential start of a new bullish phase. Weekly Engulfing Candle : The weekly engulfing candle has enveloped the price action of the past 40 weeks, indicating a substantial shift in momentum and suggesting further upward movement. 0.5 Fibonacci Support : The 0.5 Fibonacci retracement level provides strong support, indicating that the price might continue to rally after retracements or dips. 50 EMA Support on Weekly Timeframe : The price is above the 50 exponential moving average, providing additional support and confirming the upward trend. Trading at All-Time High : Ashok Leyland is currently trading at an all-time high, indicating strong bullish sentiment. However, traders should be mindful of potential pullbacks or overbought conditions at such levels. Target - 215 // 250 // 300 StopLoss - weekly close below 160 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:ASHOKLEYLong
by Visionary_Growth_Insights
2
BOJ Raises Interest Rates - Monthly Outlook for USDJPYTaking a look at the monthly timeframe, if you look back in the past, whenever we had a strong bearish engulfing candle, there was usually a second bearish candle afterwards. I believe there is a great chance that this pair will break below the green ascending trendline and eventually reach 130. Some key comments made last night from the BoJ's Governor Ueda: * If possible a US rate cut happens gradually, it could lead to strong a Yen. * The weak Yen was not necessarily the biggest reason for the rate hike this time. * Hard to tell when the next rate hike may be * Does not have 0.50% policy rate in mind as a ceiling * I don't believe the latest rate hike will trigger a strong brake on the economy. Later this afternoon we will get the latest US monetary policy decision. Furthermore, as we all know, the US equity market tends to have an inverted correlation with the Yen. This means if US stocks continue to sell off heading into the elections, we might see some additional strength with the Yen and thus push this pair even lower.
Short
by Michael_Harding
... Pure Technical Tukka ... KHADIM INDIA LTD ... NSE:KHADIM as per Studies Thought by Institutions ... we are assuming -6.6 % of SL and Going for the Target of +24.15% ... That means ... we are Maintaining around 1:4 RR (Risk Reward Ratio) This Trade is Pure Tukka ... Fundamental Ratio's Are Not Satisfying ... Every Analyst Would Say that Stay Away From Khadim India Ltd ... Then Why Our Page is Sharing This Stock As Buying Suggestion ? Entering a Trade with a STOP LOSS ... SL of -6.6% .... is not a Bad Practice .... if anyone is Afraid of SL then He/She should stop or quit Trading ...
NSE:KHADIMLong
by iism-ExpertTrading