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 list of stocks in the F&O and Midcap 100 sections on the basis of Bullish price patterns.
Our main aim is to enhance a student’s financial knowledge and teach them profitable trading strategies.

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1. Swing call analysis of top 3 stocks from the F&O list

 

1. Stock: Tata Consumer

Sr. No.	Stock	Calls	Weekly
1	Tata Consumer	Trade Type	Swing call
		Entry	601
		Stop Loss	570
		Target	650
		Duration	1-2 weeks

Comments:

RSI- RSI is in an overbought zone and still looks bullish. Risky traders can take a trade at this level.

Volume- Volume is consistent and above average.

Bollinger Bands- Stock is in between the upper Bollinger band and 20-period SMA. It is all set to ride the bands indicating a bullish run from here.

2. Stock: Sun Pharma

Sr. No.	Stock	Calls	Weekly
2	Sun Pharma	Trade Type	Swing call
		Entry	595
		Stop Loss	565
		Target	630
		Duration	1-2 weeks

Comments:

Bollinger Bands- Stock is moving along with the upper level of Bollinger bands, it broke its previous resistance which is now acting as support.

RSI- It is at 67 and has still room to reach 75-80

Volume- There is not any sudden change in volume indicating trend continuation.

3. Stock: Adani Ports

Sr. No.	Stock	Calls	Weekly
3	Adani Ports	Trade Type	Swing call
		Entry	480
		Stop Loss	460
		Target	520
		Duration	1-2 weeks

Comments:

Bollinger Bands-Stock is moving above the upper level of Bollinger bands, indicating bullishness.

RSI- RSI is about to reach near overbought but it is expected to stay in that zone.

Volume- There is an increased level of volume after the stocks have broken out their resistance level.

 

2. Swing Call analysis of top 3 stocks from Midcap

 

1. Stock: Endurance Tech

Sr. No.	Stock	Calls	Weekly
1	Endurance Tech	Trade Type	Swing call
		Entry	1240
		Stop Loss	1200
		Target	1300
		Duration	1-2 weeks

Comments:

RSI – RSI is about to enter the overbought zone and seems to trade at those levels. Risky traders can take a trade after price breakouts resistance.

Volume – Volume is constant and is way above average. This indicates a bull run.

Bollinger Band – Stock is trading between upper Bollinger band and 20-period SMA and is all set to ride the band. This indicates a bullish run.

2. Stock: Mphasis

Sr. No.	Stock	Calls	Weekly
2	Mphasis	Trade Type	Swing call
		Entry	1560
		Stop Loss	1490
		Target	1670
		Duration	1-2 weeks

Comments:

Bollinger Bands–Stock is moving above the upper level of Bollinger bands, indicating bullishness.

RSI- RSI is about to reach near overbought but it is expected to stay in that zone.

Volume- There is not any sudden change in volume, which indicates the trend will continue

 

3. Stock: Gujarat Gas

Sr. No.	Stock	Calls	Weekly
3	Gujarat Gas	Trade Type	Swing call
		Entry	380
		Stop Loss	350
		Target	420
		Duration	1-2 weeks

Comments:

Bollinger Bands-Stock price is moving above the upper Bollinger bands, indicating high bullishness.

RSI – It is at 70 and expected to move till 80

Volume- There is an increase in volume after it broke out its resistance level

 

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

 

1. Swing call analysis of Nifty 50

Comments:

1- Nifty 50 forms a Dragonfly Doji on a weekly candle suggesting indecision in the market but it made the closing to its previous level.

2- On daily chart is closed with bullish candles and taking support at 5SMA after a sudden fall due to news of a new variant of coronavirus strain found in the U.K.

3- Volatility index has cool down after sudden rise

4-Recent Brexit deals, development of the vaccine by Serum Institute, and excellent results of phase  II trials of the vaccine developed by Bharat Biotech indicate trend continuation of Nifty 50.

 

2. Swing call analysis of Nifty Pharma

Comments:

1- Pharma sector is in an uptrend as nifty pharma forms bullish candle in weekly charts after breaking its 12600 resistance level and taking support back at 38.3% Fibonacci levels indicating bullishness in the sector.

2- Stocks such as Sun Pharma, Cadila  Health Care, Dr. Reddy were on the uptrend.

3- Compared to nifty 50 which closed flat this week, pharma on other hand shows bullish momentum.

4- As Indian pharma company has a huge responsibility for mass production of vaccines like Dr. Reddy making Sputnik vaccine developed by  Russia, Serum Institute for Astera Zenca, Bharat Biotech and Ocugen, etc. There is huge scope for growth of the Indian pharma industry in upcoming years.

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