Congratulation to all 4000+ Students of Money Making Trading Course by Tushar Ghone, now we are family!!! At this milestone, we are providing new facilities of “Weekly Journal” which includes swing call analysis for study purposes.
Swing trading is a style of trading that attempts to capture short to medium-term gains in a stock (or any financial instrument) over a period of a few days to several weeks.
For this swing call analysis, we have manually scanned and analyzed stocks from the list of stocks in the F&O, Mid-cap, and Small-cap sections on the basis of Bullish price patterns.
Our main aim is to enhance student’s financial knowledge and teach them profitable trading strategies.
Money Making Trading Course (MMTC) by Tushar Ghone is committed to providing an Advance level Technical Analysis course with 50hrs training at a nominal price. Our main aim is to enhance student’s financial knowledge and teach them profitable trading strategies. Visit our website.
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1. Swing Call Analysis of 2 Large-Cap stocks
1. Stock: HDFC Bank
|1||HDFC Bank||Trade Type||Swing Call|
Bollinger Bands: Stock is moving close to an upper lever of Bollinger bands and above 5 SMA in the weekly time frame indicating bullishness.
Volume: There is not any sudden variation in volume indicating trend continuation.
RSI- It is close to 70 and expected to reach 75-80.
2. Stock: M&M
|2||M&M||Trade Type||Swing Call|
Bollinger bands: Stock is moving at the upper level of Bollinger bands indicating bullishness in the stocks.
volume: There are not any sudden variations in volume indicating trend continuation.
RSI: It is at 73, expected to reach 75-80, and remains in that range for some time.
2. Swing Call analysis of 1 Small-Cap stock
1. Stock: Laurus Labs
|1||Laurus Labs||Trade Type||Swing Long|
RSI: RSI is at 75 levels which an Overbought Zone. But stock seems to be bullish and trade in the overbought zone. Risky traders can take a trade.
Volume: Volume is consistent but below average.
Bollinger Bands: Stock is trading between the upper Bollinger Band and 20 SMA Band indicating strong support at the level. If the stock can maintain a strong Support at this level it has the potential to ride the bands again.
3. Nifty 50 analysis
It was a murky Day for Stock markets around the world. Nifty fell by 1.11% as all sectoral indices ended in the Red.
Nifty 50 has seen a weekly Gap and now there are chances of exhaustion.
Nifty closed at 14,433.70. Nifty has. Resistance of 14,581, 14,730, 14841 is observed and Support of 14,322, 14,210, 14,062 is observed.
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