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 analysis, we have manually scanned and analyzed stocks from the Nifty 50 and Midcap 100 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 top 3 stocks from Nifty 50
1. Stock: Infosys
|1||Infosys||Trade Type||Swing Long|
Bollinger bands- Stock is moving near upper Bollinger bands, indicating bullish momentum
RSI- It has still room to grow till 80
Volume-It is constant
2. Stock: Dr. Reddy
|2||Dr. Reddy||Trade Type||Swing Long|
Bollinger Bands-Stock is moving close to upper Bollinger bands, indicating bullish momentum
RSI- It is at 67, still room to grow till 75-80
3. Stock: HCL Tech
|3||HCL Tech||Trade Type||Swing Long|
Bollinger Bands-Stock is moving with upper Bollinger bands, indicating bullish momentum
RSI- It has still room to grow till 75-80
2. Swing Call analysis of top 3 stocks from Midcap
1. Stock: Mindtree
|1||Mindtree||Trade type||Swing long|
RSI- RSI is at 70 levels and is all set to enter the overbought zone. Risky traders can trade at this level.
Volume- volume is consistent and moderate.
Bollinger bands- stock is moving towards the upper Bollinger band indicating a bullish trend.
2. Stock: Navin Fluorine
|2||Navin Fluorine||Trade type||Swing long|
RSI- RSI is in an overbought zone but seems to stay here for a while. Risky traders can take a trade.
Volume – Volume is below average.
Bollinger bands- stock is between the upper band and 20 SMA lines indicating bullish momentum.
3. Stock: Godrej Agrovet
|3||Godrej Agrovet||Trade type||Swing long|
RSI- RSI is moving towards overbought levels. Risky traders can take a trade at this level.
Volume- Volume is above average and indicates the uptrend.
Bollinger bands- stock is trading above the 20 SMA line and can ride the upper band indicating a bullish run.
3. Swing call analysis for Nifty 50 and Nifty Bank indices
1. Indice: Nifty 50
Nifty 50 is all set to make a new high in the next 2-3 weeks. From here Nifty can rally up to 14000-14500. 15000 is strong resistance and Nifty will not move above 15000 in the coming 4weeks.
By December more funds will pump in the market which will eventually boost up nifty 50.
On the charts, Nifty is very strong. volume is above average indicating a bull run. It can ride the upper Bollinger bands.
2. Indice: Bank Nifty
Nifty Pvt Bank consolidated last week and is expected to show consolidation for a week or two. Nearly 32%. But after that, it will confidently breakout and make a new high after a big candle.
Risky traders can take a trade at this level. Safe traders should wait for a breakout.
You can invest in Kotak, HDFC, ICICI bank after the breakout.
On the charts, Nifty bank is very strong. Volume is in momentum and above average.
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