Swingtrading
SWING IDEA - BALAJI AMINESBalaji Amines , a leading manufacturer of specialty chemicals, is showing promising signs for a potential swing trade.
Reasons are listed below:
Crucial Support Zone (1850-2000) : The 1850-2000 range has proven to be a strong support zone, indicating significant buying interest and potential for a price rebound.
0.618 Fibonacci Support : The price has found support at the 0.618 Fibonacci retracement level, often referred to as the "golden ratio," suggesting a likely reversal or continuation of the uptrend.
Bullish Marubozu Candle on Weekly Timeframe : The recent weekly candle is a bullish marubozu, characterized by little to no shadows, indicating strong buying pressure and potential for further upward movement.
Support from 50 and 200 EMA on Weekly Timeframe : The stock is trading above both the 50-week and 200-week exponential moving averages, providing strong support and confirming the long-term uptrend.
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 - 2720 // 3030 // 3800
Stoploss - weekly close below 1875
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
SWING IDEA - JUBILANT PHARMOVAJubilant Pharmova , a diversified global pharmaceutical and life sciences company, offers an attractive swing trade setup with the following technical factors.
Reasons are listed below :
Break of 1000 Resistance : The price has decisively broken above the significant 1000 level and is sustaining, indicating strength and bullish momentum.
Consolidation Breakout : The stock is breaking out of a consolidation phase lasting over 6 years, suggesting a potential long-term uptrend.
Volume Spike : Increased trading volumes highlight growing investor interest and support the breakout.
Engulfing Candle : A bullish engulfing candle on the weekly timeframe reflects strong buying sentiment.
Target - 1450 // 1590
Stoploss - weekly close below 1030
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
SWING IDEA - DEEPAK NITRITE LTDDeepak Nitrite , a leading chemical company known for its diverse product portfolio, is showing a promising setup for swing trading.
Reasons are listed below :
2500 Support Zone : The price is resting on a well-tested support level around 2500, adding to the reliability of a potential bounce.
Hammer Candle on Weekly Timeframe : The appearance of a hammer candle suggests a reversal could be on the horizon as buyers regain control.
Golden Fibonacci Support : The current price aligns with a key Fibonacci retracement level, providing additional support.
50 EMA Support on Weekly Timeframe : The price holding above the 50 EMA is a sign of continued strength and underlying support.
Trend Intact with Higher Highs and Higher Lows : The consistent formation of higher highs and higher lows reinforces a bullish trend.
Target - 3000 // 3170
Stoploss - weekly close below 2440
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
SWING IDEA - JIO FINANCIAL SERVICESJio Financial Services , an emerging force in the financial sector, exhibits signs of a potential upward move, presenting a swing trading opportunity.
Reasons are listed below :
Strong Support Zone at 300 : This level has proven to be a strong support, enhancing the likelihood of a bounce.
Bullish Hammer on Weekly Timeframe : A bullish hammer candlestick pattern indicates potential reversal and buyer interest at lower levels.
0.5 Fibonacci Support : The price is aligned with the 0.5 Fibonacci retracement level, suggesting that it could act as a springboard for further upward movement.
50 EMA Support on Weekly Timeframe : Trading above the 50 EMA adds to the bullish outlook and provides an additional layer of support.
Target - 360 // 385
Stoploss - weekly close below 295
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
SWING IDEA - PNB HOUSING FINANCEPNB Housing Finance , a prominent housing finance company in India, is exhibiting a promising swing trade setup supported by strong technical signals.
Reasons are listed below :
Breakout and Retest of 800 Zone : The stock previously broke a strong resistance at 800 and is now retesting it, showing potential for upward momentum.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe indicates robust buying interest.
Golden Fibonacci Zone : The stock is bouncing back from a key Fibonacci retracement level, suggesting a continuation of the uptrend.
50 EMA Support : Price action is well-supported by the 50 EMA on the weekly timeframe, affirming bullish sentiment.
Volume Spike : A significant increase in trading volumes highlights growing investor confidence.
Target - 1190 // 1380
Stoploss - weekly close below 825
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
SWING IDEA - THE RAMCO CEMENTS Ramco Cements , one of India's leading cement manufacturers, is showing a promising swing trade setup with compelling technical signals.
Reasons are listed below :
Cup and Handle Pattern Breakout : The price is breaking out from a classic cup and handle pattern, which indicates a continuation of the upward trend.
1050 Resistance Zone : This level has been tested multiple times and is now showing signs of a breakout, suggesting strong bullish sentiment.
2.5+ Year Consolidation Break : The stock is emerging from a prolonged consolidation phase, which often signals a significant trend reversal or continuation.
Bullish Engulfing Candle : A bullish engulfing candle on the daily timeframe highlights strong buying momentum.
Target - 1150 // 1215 // 1340
Stoploss - weekly close below 925
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
Nightly $SPX / $SPY Predictions for 1.15.2024🔮
📅 Wed Jan 15
⏰ 8:30am
📊 Core CPI m/m: 0.3% (prev: 0.3%)
📊 CPI m/m: 0.4% (prev: 0.3%)
📊 CPI y/y: 2.9% (prev: 2.7%)
📊 Empire State Manufacturing Index: 2.7 (prev: 0.2)
⏰ 10:30am
🛢️ Crude Oil Inventories: -1.0M
💡 Market Insights:
📈 GAP ABOVE HPZ:
On a gap up, we will hold and run higher. Weekly will pin it down.
📊 OPEN WITHIN EEZ:
Pullbacks here and there but will get bought up.
📉 GAP BELOW HCZ:
Everyone will eat up this drop; definitely look to position bullish here...again.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
This China A50 bounce could have legsThe China A50 futures market topped in October after a near 50% surge in just three weeks. Yet as price action since appears to have been corrective, I'm seeking evidence that its retracement has ended. And that is why Tuesday's bounce from the 200-day SMA has grabbed my attention.
MS
EURGBP - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower, this indicates on probable distribution Wyckoff range.
But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we can notice sign of weakness (reaching the middle of the range), so potentially there is a higher probability to see price lower.
Your success is determined solely by your ability to consistently follow the same principles.
EURAUD - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower, this indicates on probable distribution Wyckoff range.
But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we can notice sign of weakness (reaching the middle of the range), so potentially there is a higher probability to see price lower.
Your success is determined solely by your ability to consistently follow the same principles.
Setup: SRRKSRRK : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP), then using the close below the 10SMA as my trailing stop loss. **Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(SL).
Setup: TSLATSLA : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP), then using the close below the 10SMA as my trailing stop loss. **Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(SL).
Building Long Position in UPROBased on my technicals, UPRO begun trading at a discount level after last Friday's close (weekly candle). I look at price in a specific format using the RSI indicator.
Price trading below 50 level = discount , price about 50 = premium. So currently UPRO is at a discount for my liking and I've begun investing some capital here.
Current upside to previous highs is about 20% ROI, so if price continues to head bearish I will continue to DCA (dollar-cost average) down and lower my cost-basis.
Key Elements in Trading & Investing ManagementKey Elements in Trading & Investing Management: Your Blueprint for Success 📊
🔍 Risk/Reward Analysis:
Every trade or investment should start with a thorough risk/reward assessment. This ensures you're not just chasing gains but are aware of the potential downside.
🎯 Clear Entry & Exit Strategies:
Define your entry and exit points before you trade. This discipline keeps your strategy on track, whether the market moves in your favor or against it.
🏞️ Embrace Market Volatility:
Accept drawdowns as part of the trading journey. Just as you'd celebrate profits, handle losses with the same composure to maintain your strategic approach.
🔄 Consistency in Strategy:
Avoid tweaking your strategy after a loss. Stick to your rules to foster a consistent trading methodology.
🔧 Utilize All Available Tools:
Leverage every tool at your disposal on platforms like TradingView—indicators, charts, and risk management features—to make informed decisions.
🎯 Set Profit Targets & Stop Losses:
Implement break-even points and stop-loss orders to secure profits and minimize losses, ensuring each trade is managed with precision.
💰 Focus on Capital Preservation:
Your primary goal should be to protect and grow your capital, not just to celebrate short-term wins. Long-term sustainability is key.
📈 Compound Your Success:
Use your gains wisely to compound your investments rather than risking them on speculative bets. Let your edge work for you over time.
🌟 Master Your Trading Edge:
Identify what gives you an advantage in the market, be it technical analysis, fundamental insights, or a unique approach, and harness it consistently.
💵 Implement Dollar Cost Averaging for Stability:Dollar Cost Averaging (DCA) is your ally for those looking to invest without timing the market. By investing a fixed amount at regular intervals, you buy more shares when prices are low 📉 and fewer when prices are high 📈, averaging out the cost over time. This strategy mitigates the impact of volatility 🌪️ and reduces the risk of investing a lump sum at a peak price.
Consistent Investment: Set up a schedule to invest, say, weekly or monthly, into your chosen assets. 🗓️
Emotional Discipline: DCA helps remove emotion from investing decisions, promoting a disciplined approach. 😌
Long-Term Growth: Over time, this method can lead to significant returns as you accumulate more shares at varied price points. 🌱📈
Incorporate DCA into your broader strategy to enhance your risk/reward balance, ensuring that you're not just reacting to market highs and lows but methodically building your investment base. 💡
Equitas Bank Stock: A Look at its Current Trajectory
Equitas Bank stock (EQBNK) has seen a significant downturn from its all-time high of 116, currently trading 47% lower.
Chart Analysis:
Key Resistance Broken: A crucial development is the recent break of the 66 resistance level. This bullish move initially propelled the stock upwards by 7%.
Support Level: Following this initial surge, the stock has experienced a pullback, finding support around the 66-67 levels.
Technical Research:
Based on my technical analysis, I'm observing a buying opportunity in Equitas Bank stock.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.
$MRNA to $90-115 | 100-150% upside in FY 2025- NASDAQ:MRNA most of the people are familiar with the vaccine stocks from pandemic fiasco.
- This company is beaten down to the ground and has low market cap as compared to other biopharma stocks.
- 2025 would be easier for merger and acquisition which will be good for moderna as it might get acquired by other biopharma companies to accelerate their growth.
- Bird Flu in the US and rise of HPMV in China will create an upward pressure in terms of demand of these stocks. Monitor the news for HPMV as it seems it is more severe than the COVID
$MRNA has 50-100% upside from $43 in FY 2025- NASDAQ:MRNA had one of the worst year in 2024. However, cash position is underestimated and the market cap has gotten very low for a company which has proven it's excellence in manufacturing drug and research.
- NASDAQ:MRNA is working on cancer prevention vaccines which might get approvals in 2026 which will be a huge propeller for the stock long term.
- In the short term 2025, Bird flue and HMPV in China should push the stock higher to it's fair value around $65-90 range before end of the year.
- Wall street & Media pundits are saying nothing to worry about. But it's better to front run on these type of situations if you want to score big gains.