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Tushar Ghone is Founder of Money making trading course

MMTC Student’s weekly Journal: Swing Call for Week Starting 21th Dec 2020

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.

We also provide training for the next 6months along with daily Equity and options Analysis on our telegram Channel. To join our telegram channel click here.

1. Swing call analysis of top 3 stocks from Nifty 50

 

1. Stock: Infosys

Sr.No Stock Calls Weekly
1 Infosys Trade Type Swing Long
Entry 1190
Stop Loss 1100
Target 1400
Duration 3-4 weeks

Comments:

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

Infosys Chart
Infosys Chart

 

2. Stock: Dr. Reddy

Sr.No Stock Calls Weekly
2 Dr. Reddy Trade Type Swing Long
Entry 5250
Stop Loss 4850
Target 5,500
Duration 3-4 weeks

Comments:

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

Dr. Reddy Chart
Dr. Reddy Chart

 

3. Stock: HCL Tech

Sr.No Stock Calls Weekly
3 HCL Tech Trade Type Swing Long
Entry 900
Stop Loss 850
Target 1100
Duration 3-4 weeks

Comments:

Bollinger Bands-Stock is moving with upper Bollinger bands, indicating bullish momentum

RSI- It has still room to grow till 75-80

HCL Tech Chart
HCL Tech Chart

 

2. Swing Call analysis of top 3 stocks from Midcap

 

1. Stock: Mindtree

Sr. no. stocks Calls Weekly
1 Mindtree Trade type Swing long
Entry 1476
Stoploss 1400
target 1588
Duration 3-4 weeks

Comments:

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.

Mindtree Chart
Mindtree Chart

 

2. Stock: Navin Fluorine

Sr. no. stocks Calls Weekly
2 Navin Fluorine Trade type Swing long
Entry 2621
Stoploss 2580
target 2710
Duration 3-4 weeks

Comments:

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.

Navin Fluorine Chart
Navin Fluorine Chart

 

3. Stock: Godrej Agrovet

Sr. no. stocks Calls Weekly
3 Godrej Agrovet Trade type Swing long
Entry 557
Stoploss 534
target 590
Duration 3-4 weeks

Comments:

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.

Godrej Agrovet Chart
Godrej Agrovet Chart

 

3. Swing call analysis for Nifty 50 and Nifty Bank indices

 

1. Indice: Nifty 50

Nifty 50 Chart
Nifty 50 Chart

Comments:

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

Bank Nifty Chart
Bank Nifty Chart

Comments:

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.

For more information visit our blog page and enhance your knowledge.

9 thoughts on “MMTC Student’s weekly Journal: Swing Call for Week Starting 21th Dec 2020”

  1. Prasad Ramchandra Talegaonkar

    Respected Tushar sir your analysis of every stock it’s very fantastic. Indepth analysis is the main motto for you. And it’s very helpful for everyone.
    Your teaching method is very good.
    Your valuable guidance is the way of success for every beginners.
    Thank you…..

  2. Thnx alot sir.This only you who taught me about the market analysis.
    MMTC,Mastering candles ,MMOC all are superb indepth course.
    Till date no one is giving such type of good and in depth valuable course at this type of minimum price.

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