Swingtrading
ICICI Lombard - Swing Long Setup with Key LevelsThis chart shows a potential long trade setup on ICICI Lombard, highlighting a possible rebound from recent lows. Here's my trade plan:
Entry Zone: Waiting for a 15-minute candle to break above 2096.50 . The high of that 15-minute candle will be my entry point.
Stop Loss: If any 1day candle closes below 2050.50 , I'll exit the trade.
Target: 2188.50
This setup offers a good risk-reward ratio. If we see a strong breakout above the entry zone with decent volume, the price could move towards the target of 2188.50. However, if the stop loss level is breached on a 1day close, I’ll exit the position to protect capital.
Note: This is not any financial advice and for education purpose only.
WTI crude hints at cheeky bounce to $72WTI has fallen over 11% in seven days, and the loss of momentum around $70 could appeal to bullish swing traders. We're not looking for anything heroic here given the mixed signals on futures positioning, but it might be able to deliver a cheeky bounce higher over the near term.
MS.
SWING IDEA - FIVE STAR BUSINESS FINANCE LTDFive Star Business Finance, a leading NBFC (Non-Banking Financial Company) providing small business loans, is showing promising technical indicators for a potential swing trade.
Reasons are listed below :
750-780 Levels Tested Multiple Times : The 750-780 levels have been significant resistance zones. The price is again attempting to break through these levels, indicating strong bullish momentum.
Bullish Marubozu on Daily Timeframe : The recent formation of a bullish marubozu candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement.
Bullish Engulfing Candle on Weekly Timeframe : The weekly chart shows a bullish engulfing candle, which engulfs the previous week's candle, signaling a strong shift towards bullish sentiment.
0.5 Fibonacci Support : The stock is finding support at the 0.5 Fibonacci retracement level, suggesting a strong base for a potential upward move.
Breaking 6-Month Consolidation Zone : Five Star Business Finance is breaking out of a consolidation phase that lasted for 6 months, indicating the potential for a new bullish trend.
Trading Above 50 and 200 EMA on Daily Timeframe : The stock is trading above both the 50-day and 200-day exponential moving averages, indicating a strong uptrend and providing robust support levels.
Consistent Higher Highs : The stock has been consistently making higher highs, reflecting ongoing bullish sentiment and a sustained uptrend.
Target - 875 // 950
Stoploss - weekly close below 685
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
SWING IDEA - SHREE RENUKA SUGARRenuka Sugars , a leading sugar manufacturer in India with a strong presence in ethanol production, is showing a promising swing trade setup.
Reasons are listed below :
53 Zone Breakout : The 53 zone, a previously strong resistance, has been breached, indicating potential upward momentum.
Bullish Marubozu Candle on Daily Timeframe : A bullish marubozu candle has formed, reflecting strong buying pressure.
Crossing 52-Week High : The stock is crossing its 52-week high, signaling strength and potential continuation of the uptrend.
Volume Spike : A noticeable increase in volumes suggests strong market participation, further supporting the breakout.
Target - 65 // 75
Stoploss - daily close below 45
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
Dark Pool Buy Zones Explained with Pro Trader Nudge SignalsThis lesson is about how to identify when a hidden quiet accumulation of a stock is underway and how to prepare for the momentum runs that follow. NYSE:DIS is our example for today.
Dark Pool activity is explained in detail. Alternative Transaction System (ATS) Venues are called Dark Pools of Liquidity.
A Buy Zone is an extended period of hidden accumulation of often millions of shares of stock over several weeks to months.
Professional traders use these buy zones to enter on the penny spread and instigate a trigger of HFT gaps to the advantage of the pro trader. Learn how you can profit from this activity for swing trading or position trading.
$DOGS Trading Idea: Falling Wedge Breakout with Retest IncomingWe’ve just witnessed a classic breakout from a falling wedge pattern on BINANCE:DOGSUSDT . After an extended downtrend, marked by lower highs (LH) and lower lows (LL), the asset broke through the wedge resistance, signaling a potential bullish reversal. This pattern, known for its bullish nature, often indicates an upcoming shift in momentum from sellers to buyers.
Key Levels & Strategy:
Entry Point: The optimal entry for this trade would be around the 0.001030 area, which coincides with an order block (OB) just below the current price action. This level presents a good opportunity as we expect DOGSUSDT to retest this zone before making its move upwards.
Stop Loss: For risk management, consider placing your stop loss slightly below the OB. There are two scenarios to accommodate different leverage profiles:
High Leverage Traders: Use a stop around 0.001010 to manage the increased risk.
Low Leverage Traders: A more conservative stop should be set around 0.000974 to allow room for volatility.
Take Profits: Scaling out profits is key in volatile markets like DOGSUSDT. Here are the take profit (TP) levels:
TP1: 0.001163, aligning with a strong resistance point.
TP2: 0.001346, marking the next major liquidity zone.
TP3: 0.001659, the upper target where DOGSUSDT could reach if bullish momentum sustains.
Market Sentiment:
The overall market structure has been shifting in favor of the bulls after several CHoCH (Change of Character) moments during the downtrend, hinting that bears are losing strength. The falling wedge breakout further supports the case for an upside movement. In such scenarios, patience is key as we wait for the retest of the OB and the market to confirm bullish momentum.
Symmetrical Triangle observed in CLEANNSE:CLEAN few weeks back gave a breakout and trapped the Bulls. The Stock in now forming a continuation Symmetrical Triangle at its breakout levels of 1625-1630
1. RS Nifty 55 is positive
2. RSI > 60
Entry - 1625-1630
TGT - 1780
SL1: Super Trend (10, 3) turn negative
SL2: RS 21 < 0
ASX to new highs, or fakeout in the making?The ASX 200 futures chart reached a record high on Wednesday, and momentarily traded above 8400. Yet repeatedly we see the market hold above this level (also note the weekly R3 pivot is within the area).
A bearish divergence is forming on the 1-hour chart, so the bias is for a false break of the highs and retracement lower ahead of its next sustained record high.
Bears could seek a move towards the 20-hour or 50-hour EMA, or bulls could wait for such a level to be respected as support before rejoining the bullish trend.
*Take note that AU employment data is released in just over 1hr*
MS
WILL EIGEN REACH $4 BEFORE END OF OCTOBER? The probability of reaching $4 is very possible. Here are my confluences:
- Weekly Low at $3.29 which had liquidity resting just got raided.
- Q4 has seasonally been great for Cryptocurrencies over the years so I expect a great end to Q4 for EIGENUSDT.
- Price is currently testing the Daily Bullish Order Block which is within the Range Discount Array.
- There is more Liquidity resting above current price rather than below current market price.
- Targeting price to reach $3.72 , $3.91 and $4 for this Long entry.
Trading is risky so always use proper risk management. Happy Trading Pals
Bitcoin Warming Up: $74K Breakout or a Pit Stop at $66K?Good morning, Trading Family!
Bitcoin is in cruising mode, hovering around $68K, and the market’s energy is building. Will it rev up and shoot toward $74K, or will it need a breather and drift back to $66K? It’s like watching BTC decide if it’s ready to party or just stretch out on the couch for a while.
With key levels in play—$68K acting as the middle ground—it’s all about which side grabs the wheel. Green arrows are signaling a breakout if momentum kicks in, but those red arrows are lurking, ready to drag it back down if buyers run out of steam.
Stay patient and focused. Trade what you see, not what you hope for.
– Mindbloome Trader
NVIDIA’s Tug of War: Bulls and Bears Face OffMorning, Trading Family! NVIDIA (NVDA) is stuck in a standoff between bulls and bears. Green arrows point to a possible breakout toward $146, while red arrows warn of a drop toward support around $127.50. It’s all about watching how price reacts at these key levels—whether momentum pushes it higher or sellers step in and take control.
Stay patient and focused. Trade what you see, not what you hope for.
– Mindbloome Trader