Category Archives: Stocks for Swing Trading

Rajesh Exports Buy above 143 Tgt 146.5 and 153 Orbit Corporation Buy above 71.25 Tgt 73.2,76.3 and 81.3 SL 67 KSK Energy Venture Buy above 122 Tgt 128 and 136 SL 115

Strides Acrolab Strides Acrolab taking support at 200 DMA as shown in chart with higher bottom formation and facing resistance at upper trendline as shown in chart again BUy above 413 Tgt 417 423 and 429 Sell below 406 Tgt 400 394 Sesa Goa Sesa Goa was able to close above its 100 DMA ob… Read More »

Petronet LNG Petronet is forming a triple top with MACD giving a positive crossover Buy above 131.7 tgt  133.5,136 sl 127 ICICI BANK ICICI Bank is trading near its 200 DMA and in channel as shown in chart Buy above 1024 tgt 1035 and 1047 Reliance Industries Reliance is forming a symmetrical triangle on daily… Read More »

Infosys Technology Infosys will be declaring its result on 13 Jan and Stock looks precariously poised looked technically as its near 20 EMA.Stock saw a steep fall on Friday trading sessions. If Stock breaks Friday’s low 3356 breaks Stock becomes a clear sell Sell below 3356 TGt 3319 and 3268 State Bank of India SBIN… Read More »

State Bank Of India SBI has been falling from past 2 trading sessions with other banks and on city group 400 cores scam and banking sector as a whole is beaten down. SBI has been trading in the range 2655- 2850 and now is in lower end of the range and we are seeing positive… Read More »

Shipping Corporation of India SCI broke away the upper trend line with volumes after long dull period. Stock looks a good buy for short term. MACD giving positive divergence Buy above 135.6 tgt 137 ,138.2 140 and 142

JB CHEMICALS Stock forming double top @148 levels and a rising trendline which is simliar to ascending triangle formation. Break of 148 is necessary for higher tgts of 151 and 155 MACD is overbought zone Sell below 141 tgt137 and 134 BANK NIFTY Bank Nifty broke the trendline resistance and is now heading for acid… Read More »

State Bank of India SBI has done nothing from past 10 trading sessions,Stock has become rangebound with a narrow trading range from 2780-2730. SBI should explode either on upside or downside before expiry As per my analysis SBI should go and touch its 50 DMA on upside before expiry as Short covering if it comes… Read More »

ABB Ltd ABB has formed a base around 750 levels and facing resistance at down trending channel at 810. MACD is showing positive divergence. Buy above 810 Tgt 815,827 and 845 ABG Shipyard ABG Shipyard is forming a ascending triangle formation with rising trendline from bottom and a vertical trend line joining tops. Also the… Read More »

Nifty Nifty is posting a rally from the low of 5721 Will Nifty Bounce as  I showed technically that we did not break the low and positive divergence on RSI played there part fueled by very good IIP numbers. Market always makes a move that causes maximum pain to maximum people and consensus was on… Read More »