Swing Trading Stocks For Next Week – powerful swing analysis – 2023

Introduction

Welcome to Trading Stocks Profit Research to check Swing Trading Stocks For Next Week ! If you’re interested in delving into the exciting world of swing trading, you’ve come to the right place. In this blog, we’ll get start on a journey together to explore the art of swing trading stocks and check strategies that can help you make informed decisions for the upcoming week.

Swing trading, a popular trading style among active traders, offers a unique combination of short-term momentum and trend-following techniques. Unlike day trading, which involves rapid-fire trades within a single day, or long-term investing, where positions are held for months or years, swing trading positions are typically held for several days or weeks, capitalizing on price movements that occur within these timeframes.

Swing Trading Stocks For Next Week – BSOFT – 07/10/23

Birlasoft Ltd. is a holding company, which engages in the provision of software development, information technology consulting, and product engineering solutions. It operates through the following segments: Banking, Financial Services and Insurance; Manufacturing, Energy and Utilities, and Life Sciences. The company was founded by Shashishekhar Balakrishna Pandit, Kishor Parshuram Patil, Shrikrishna Manohar Patwardhan, and Sachin Dattatraya Tikekar on December 28, 1990 and is headquartered in Pune, India.

Bsoft – Trade Conditions

  • Trending up
  • Consolidation after an impulsive upmove
  • A small counter trend formation and counter trend seems to be exhausted

Bsoft – Trade Plan

Swing Trading Stocks For Next Week – Bharat Forge – 19/8/23

Bharat Forge Limited is a leading Indian multinational company with a strong presence in the manufacturing and engineering sectors. Established in 1961, the company has evolved into a global powerhouse, renowned for its expertise in metal forming, forging, and machining. With its headquarters in Pune, India, Bharat Forge has expanded its footprint across continents, becoming a symbol of innovation, quality, and reliability.

Bharat Forge – Trade Conditions

  • Stock price above 200 EMA – weekly TF
  • Higher High Structure on chart
  • Formed an Inside Bar pattern on weekly TF
  • Lets check this on Price Chart
Swing Trading Stocks For Next Week

Bharat Forge – Trade Plan

Long entry – Above Mother Bar high

Stoploss – Below Baby Bar Low

Target – height of the mother bar or 1:1

Swing Trading Stocks For Next Week – Crompton Greaves – 10/08/23

Crompton Greaves is a renowned name in the realm of industrial and consumer electrical solutions, capturing the essence of innovation and reliability. With a rich history dating back to its inception, the company has consistently pioneered cutting-edge technologies and products that have redefined the electrical sector. As a prominent player in the market, Crompton Greaves has not only established itself as a symbol of quality and performance but has also played a vital role in shaping the way societies harness and utilize electrical energy.

Crompton – Trade Conditions

  • Prices Above 200 EMA
  • Consolidation Breakout above 200 EMA
  • Making higher high structure
  • Entering in uptrend ( prior down trend )
  • Moving Averages getting flattened from down slopes earlier.

Lets check this on price chart.

SWING TRADING STOCKS FOR NEXT WEEK

Crompton – Trade Plan

Entry – Can take a long entry after a bullish bar closing

SL – Can be placed at latest swing low

Target – Can ride the trend until reversal seen on lower timeframe

Swing Trading Stocks For Next Week – Laurus Labs – 7/8/23

Laurus Labs Limited is an Indian pharmaceutical company based in Hyderabad. They focus on manufacturing and marketing generic and active pharmaceutical ingredients (APIs) across various therapeutic categories. Notably, they are a major supplier of APIs for HIV treatment, contributing to expanding access to affordable antiretroviral drugs globally. The company has received regulatory approvals from authorities like the US FDA and the EMA. Laurus Labs is listed on the Indian stock exchanges (NSE and BSE).

Laurus Labs – Trade Conditions –

  • PRICE ABOVE 200 EMA
  • MAKING HH-HL STRUCTURE
  • BREAAKING OUT FROM A CONSOLIDATION
  • MOVING AVERAGES GETTING FLAT FROM DOWNWARD SLOPES

Lets check this on price chart.

Swing Trading Stocks For Next Week

Laurus Labs -Trade Plan

Entry – We can wait for a pullback up to the breakout level to make the confirmation of a successful breakout. Can look for a bullish signal after the pullback to get an entry.

Stoploss – Stoploss can be placed at the swing low made while making the pullback.

Target – Measure the height of the rectangle . Place target of this height from the breakout level.

Swing Trading Stocks For Next Week – ALKEM – 30/7/23

Alkem Laboratories Limited, commonly known as Alkem, is a pharmaceutical company based in India. It is listed on the Indian stock exchanges, including the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). Alkem Laboratories was founded in 1973 and has grown to become one of India’s leading pharmaceutical companies. It focuses on the research, development, manufacturing, and marketing of a wide range of pharmaceutical products, including branded and generic drugs..

Lets study this stock in the blog series on swing trading stocks for next week

ALKEM – Trade Conditions

  1. Stock is on uptrend
  2. Trading above its 200 EMA on hourly timeframe chart
  3. An impulsive move and a small pullback ( counter trend ) seen
  4. Bullish bar seen after a counter trend on hourly timeframe.
  5. Daily and Weekly TF uptrend.

Lets check this on price chart of ALKEM.

Swing Trading Stocks For Next Week

ALKEM – Trade Plan

Long Entry – Above Bullish green Bar

Stoploss – Just Below Bullish green bar

Target – 1:2

Here’s a sneak peek of what you can expect in the upcoming posts:

1. Understanding Swing Trading Stocks For Next Week : We’ll begin by laying the groundwork, explaining what swing trading is and how it differentiates itself from other trading styles. You’ll gain a clear understanding of the mechanics behind swing trading and the benefits it offers.

2. Technical Analysis Demystified: Delving into the realm of technical analysis, we’ll explore various indicators and chart patterns that can assist you in identifying potential entry and exit points. Armed with this knowledge, you’ll be better equipped to make well-informed decisions.

3. Risk Management Strategies: Swing trading involves risks, like any trading approach. We’ll discuss crucial risk management techniques that can protect your capital and keep your trading journey on track.

4. Scanning for Swing Trade Opportunities: Unearthing potential swing trade opportunities is a vital skill. We’ll reveal powerful scanning techniques to spot stocks with favorable setups, ensuring you never miss a promising trade.

5. Executing and Monitoring Trades: Once you’ve identified a potential swing trade, we’ll guide you through the process of executing the trade and monitoring it effectively. Timely execution and management are key factors in swing trading success.

As we venture further into the realm of Swing Trading Stocks For Next Week , remember that discipline, patience, and a thirst for continuous learning are attributes that set successful traders apart. Markets may be unpredictable, but with the right tools and mindset, you can navigate the turbulence and uncover hidden gems that lead to profitable outcomes.

Throughout this blog series, we’ll dive into the core principles of swing trading, equip you with essential technical analysis tools, and introduce you to effective strategies that can be applied in the fast-paced stock market. Whether you’re a seasoned trader looking to refine your approach or a newcomer eager to learn the ropes, we aim to provide valuable insights that can enhance your trading prowess.

Conclusion

So, buckle up for an exhilarating journey into the world of swing trading stocks for next week! Whether you’re looking to supplement your income or pursue trading as a full-time career, we hope this blog series will serve as your compass, guiding you towards confident and informed trading decisions.

Stay tuned for the upcoming posts and get ready to elevate your swing trading game to new heights. Let’s embark on this transformative adventure together!

17 thoughts on “Swing Trading Stocks For Next Week – powerful swing analysis – 2023

  1. Pawan

    Sir
    Pls do analysis on current condition of SRF
    Hold or sell?

    Reply
  2. DHARMESH

    You are absolutely Genius. What you predicting is right

    Reply
  3. Ashish Naik

    I Like this section very much.
    However, Lauras lab is above 200EMA but still on higher TF (Monthly) still is in downtrend.
    But definitely we can initiate 1st tranche ….thnks for sharing.

    Reply
  4. Celebrities

    Thank you for the sensible critique. Me & my neighbor were just preparing to do a little research on this. We got a grab a book from our local library but I think I learned more clear from this post. I’m very glad to see such wonderful info being shared freely out there.

    Reply
  5. Ashish Naik

    Very good analysis with detailed description.
    Throw some knowledge on mother bar, baby bar plz.
    Thanks

    Reply
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