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Swingtrading

SWING IDEA - LATENT VIEW ANALYTICSIn the dynamic realm of market opportunities, Latent View Analytics emerges as a compelling prospect, poised for an upside rally. Reasons are listed below : After multiple tests at the crucial 500 level, Latent View Analytics is currently positioning for a decisive breakout. Robust bullish marubozu candles, both on the weekly and daily timeframes, signal a strong upward momentum. Notably, the weekly candle engulfs the preceding six weeks, emphasizing sustained buying interest. An upswing in volumes accompanies the bullish trend, indicating heightened market participation and conviction. Breaking free from a solid two-year consolidation phase, Latent View Analytics signals a shift from stagnation to potential growth. Target - 545 // 573 // 618 Stoploss - weekly close below 443 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
NSE:LATENTVIEWLong
by Visionary_Growth_Insights
SWING IDEA - ELECON ENGINEERINGConsider a promising swing trade opportunity in Elecon Engineering Company Limited , a leading provider of power transmission solutions, material handling equipment, and engineering services. Reasons are listed below : Decisive Breakout of Resistance : The price level of 1120, previously a strong resistance, has been decisively broken, indicating potential bullish momentum. Bullish Engulfing Candle on Weekly Timeframe : The presence of a bullish engulfing candlestick pattern on the weekly timeframe suggests strong buying momentum and potential upward movement. Breakout Above All-Time High : Elecon Engineering has broken above its all-time high, indicating strong bullish sentiment and potential for further gains. 0.382 Fibonacci Support : Finding support at the 0.382 Fibonacci level strengthens the bullish case, providing a solid foundation for potential upward movement. Trading Above 50 and 200 EMA on Weekly Timeframe : The stock is trading above both the 50 and 200 Exponential Moving Averages (EMA) on the weekly timeframe, confirming its bullish bias and potential for trend continuation. Volume Spike : A significant spike in trading volumes reflects increased market interest and potential accumulation by investors, adding confirmation to the bullish thesis for Elecon Engineering. Target - 1420 StopLoss - weekly close below 970 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
NSE:ELECONLong
by Visionary_Growth_Insights
6
SWING IDEA - SUNTECK REALTYSunteck Realty , a prominent real estate development company, is showing technical indicators for a potential swing trading opportunity. Reason are listed below : Multiple Tests at 500 Zone : The 500 level has been tested multiple times, indicating strong resistance. The price is now attempting to break through this level, suggesting strong bullish momentum. Breaking 5+ Year Consolidation Zone : The stock is breaking out of a long consolidation phase that lasted over 5 years, signaling a potential new bullish trend. 50 and 200 EMA Support on Weekly Timeframe : The stock is finding support at both the 50-week and 200-week exponential moving averages (EMA), reinforcing the overall bullish sentiment and providing strong support levels. Trading Near All-Time High : The stock is trading near its all-time high, indicating strong market confidence and potential for further gains. Steady Price Action : The stock has shown steady upward movement, indicating controlled and sustained buying interest. Increased Volumes : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest. Target - 590 // 780 Stoploss - weekly close below 430 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
NSE:SUNTECKLong
by Visionary_Growth_Insights
SWING IDEA - HBL POWER SYSTEMSHBL Power Systems , a leading battery and power systems manufacturer, is exhibiting technical signals that suggest a promising swing trading opportunity. Reasons are listed below : Break of Symmetrical Triangle Pattern : The price has broken out of a symmetrical triangle pattern, indicating a potential bullish trend continuation. Bullish Engulfing Candle on Weekly Timeframe : The recent formation of a bullish engulfing candle on the weekly chart suggests strong buying pressure and the potential for further upward movement. Closed Above 560 Resistance : The stock has closed above the 560 level, which was a crucial resistance zone, indicating strong bullish momentum. Higher Highs : The stock is consistently making higher highs, reinforcing the strength of the upward trend. Trading Above 50 and 200 EMA on Weekly Timeframe : The stock is trading above both the 50-week and 200-week exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels. Trading at All-Time High : The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains. Target - 655 // 755 Stoploss - weekly close below 495 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
NSE:HBLPOWERLong
by Visionary_Growth_Insights
SWING IDEA - CASTROL INDThere seems to be a strong breakout in CASTROL IND . This could potentially be an excellent swing trade. Reasons are listed below : Multiple tests on 161 levels and finally the price broke these levels with high volumes. Marubozu candle (bullish sign) on weekly timeframe. Breakout after a strong consolidation of 5years . Stock price is above 50 and 200EMA i.e the trend is intact. Target - 213 // 242 // 271 StopLoss - weekly closing below 145 levels
NSE:CASTROLINDLong
by Visionary_Growth_Insights
UTI AMC - Ifs and Buts !!UTI AMC is currently displaying a symmetric triangle formation on its weekly chart. Recently, it formed a double bottom pattern on the weekly timeframe, which was followed by a breakout. The stock is currently encountering a minor resistance level. Interestingly, the resistance trend channel and the 50% Fibonacci retracement level align closely, making it a strong barrier for further upward momentum. Given the circumstances, if UTI AMC consolidates within this resistance zone before continuing its upward trajectory, it has the potential for significant momentum. Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong.:)
NSE:UTIAMCLong
by TheChartereds
12
FRA40 Short Setup: Key Levels Near 7732/49 on 4-Hour Chart Monthly TF: Last month's ICMARKETS:F40 price action showed a strong bearish continuation bar, suggesting downward potential despite the overall bullish monthly trend. We're currently in a phase 2 pullback, which means short positions can be considered until the downside move concludes. Weekly TF: The weekly chart presents a more complex picture, with over four weeks of bearish sideways ranging bars. There have been rejections from the bottom, hinting the monthly downward move might be nearing its end. However, the last two weeks' price action, despite being low tests, hasn't really achieved anything that might suggest or confirm the downward move has come to an end. Daily TF: On the daily chart, FRA40 has been ranging for the past few weeks. By combining the monthly (down/pullback) and weekly (bearish sideways) biases, it seems prudent to take a short position from the top of the range towards the bottom. For the 4-hour chart, we will enter a short position with a Sell Limit around 7732.64/7749.48 . We'll place our Stop Loss above 7760.00 to manage risk, and our Take Profit will be the range's low around 7498.00 .
ICMARKETS:F40Short
by iamfotx
USDCHF: 4-Hour Short Trade around 0.8996/0.90012 ZoneLast week's ICMARKETS:USDCHF price action formed a lower low and close, indicating potential for continued downward movement. The high test bar observed a week prior further supports this bearish sentiment. The daily chart shows erratic price action, particularly last Thursday, suggesting a bearish range. We plan to enter a 4-hourly short trade from the top of this range, specifically at the 0.89962/0.90012 zone, for a better risk-reward ratio compared to the 0.89644/0.8970 zone. We'll wait for the price to reach our level around 0.89962/0.90012 . If it doesn't, we'll remain patient and look for another opportunity rather than rushing the trade. Our stop loss will be placed above 0.90061 to manage risk effectively. The profit target is set at last week's low around 0.89258/0.89161 , aligning with the bearish trend.
Short
by iamfotx
1
XAUUSD: Are We Heading Towards $3000?After looking at monthly price momentum, in our view price can create all time high and go beyond $2500 in long term. Most of the economic data suggests the future growth on Gold. In short term right now we are targeting $2500 region at first after that we can some short term price correction. There will be multiple good entries that market will present, the first one is at the current trading price. We will update the chart as we progress. good luck ;)
OANDA:XAUUSDLong
by Setupsfx_
7
NZDCHF Long Setup: Buy Entry Near 0.5446/42 on 4-Hour ChartOn the monthly timeframe, last month's price action formed an inside bar, indicating consolidation without a clear bias, although the preceding month closed strongly bullish. The weekly chart also shows an inside bar with a slight rejection from the bottom, but overall, there's no strong directional bias. Daily price action reveals two consecutive ranging bars, suggesting opportunities to consider long positions from support levels or short positions from resistance. On the 4-hour chart, I'm more inclined to go long from the identified support level. Buy Entry : I plan to enter a long position around 0.5446/42 . Stop Loss : I will set the stop loss below 0.5436 to manage risk effectively. Take Profit : The target profit will be around 0.54813 .
Long
by iamfotx