Swing Trading Opportunities for W/B 13-9-21

12 сент. 2021 г.

TRADING WATCHLIST FOR W/B 13-9-21

INTENT

I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check it out if any of these fit your trade plan.


ON MY WATCHLIST FOR W/B 13-9-21 --

This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week -

WEEKLY TIME FRAME- FOR LONG POSITIONS

BAJAJ AUTO
COAL INDIA
KOTAK BANK
SBIN
SHREE CEMENT
IDFC FIRST BANK
CHALET
DAAWAT
DHANUKA
GATI
GIC HOUSING
RAYMOND
VENKY’S
HDFC AMC
VAKRANGEE
AB CAPITAL
IDEA
ITC
REC LTD


There are plenty of opportunities out there even after NIFTY hitting 17300+. So, please review your fund position, have a look at the indicator that fits you well, and plan for investing / trading per your risk appetite.

SECTORS LOOKING GOOD FOR LONG POSITIONS-


AUTO
BANK NIFTY
CPSE
MEDIA





Clearly, there is a lesser number of sectors that are now offering good entry points in comparison to the earlier weeks. The reason is that either some of the sectors have witnessed retracement of price levels or many of them are way above a level from where a good RR trade could be initiated. BANK NIFTY seems to be the best bet for now.

Ideally, the best candidate would be the one that features in both the lists. I may / may not take these trades as not every opportunity should / can be traded.


I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so.

In case you are able to spot the set up and the trade basis, please do share so that together we can learn.

Thank you for your time and Happy Learning,

Umesh
12-9-21

Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.