NiftyMidSmall400, horrible candle. Not being able to breakout after struggling and then fell back down. Let's see how this goes.
NiftyMidSmall400, nice tight consolidation on the index level, now all that needs to be seen is which direction the index will take from here.
Anticipating a small shakeout before moving upwards.
ITD cementation: Beautiful flagging action and coiling up above KMA's. Will hopefully get a chance to add more when it breaks out of this consolidation.
No buy/sell reco.
Replying to @simatricks
ITD Cementation, another beautiful mover. Fortunately I caught this one with a big position size.
NiftyMidSmall400, would prefer if the index takes a breather and consolidates here a little. You cannot sprint through a marathon.
Force Motors, what a beautiful chart! If you catch one or two such moves with a big position size, that is what moves the needle! Smooth and beautiful trends!
Would love if NiftyMidSmall400 would consolidate here or pullback slightly and recoil before breaking out. When it is pulling back or consolidating, the strong stocks would also take a breather give a chance of making new entries or pyramiding.
NiftyMidSmall400 - Beautiful price action and the indices look ready for moving again. Maybe one or two more days of consolidation would be even better but the setup is just so nice.
If you look at the strong names, they broke out and have been basing along with the indices as well. Stick to the strongest RS stocks with good fundamentals and trading at decent valuation. This will put the odds in your favor! Happy trading!
Out of the downward channel and now forming a small base! looking good although overall the stock is a bit volatile in general. Let's see what happens next!
NiftyMidSmall400 - Beautiful price action and the indices look ready for moving again. Maybe one or two more days of consolidation would be even better but the setup is just so nice.
If you look at the strong names, they broke out and have been basing along with the indices as well. Stick to the strongest RS stocks with good fundamentals and trading at decent valuation. This will put the odds in your favor! Happy trading!
NiftyMidSmallCap400 is undergoing a beautiful pullback to the key moving averages and might also go and touch the previous horizontal resistance.
Keep strong stocks in your watchlist and only buy them when they are breaking out of a sound long base or if they have already moved, they must be flagging now. Buy when you have a good risk reward available.
Stick with the strongest names (highest RS) + decent valuations and you would not go wrong. The best day to take entries as per swing trading would be when MidSmallCap400 completes the pullback and is ready to move again. Good luck!












