Stocks in Play

Stocks in Play are those stocks that I am planning to invest in for the short to medium-term as an investment horizon.

Once all of my entry criteria are met, I’ll start to accumulate these stocks in small chunks.

I selected these stocks based on a pure price action trading strategy.

In fact, I use Support & Resistance, Demand & Supply Zone, Trendlines, and Candlestick chart patterns as tools.

Normally, I look for range breakout followed by a retest, and lastly look for candlestick rejection near my favorable zones or area of value.

Stocks to Watch

Date: 7th July 2021

IBulHsgFin – Indiabulls Housing Finance

I have added IBulHsgFin to my stock watchlist and watching its movement.

I was waiting for the breakout. Now, as soon as it comes to the area of value, I will buy IBulHsgFin.

क्यों IBulHsgFin शेयर की कीमत ऊपर जाने के लिए तैयार है?

इंडियाबुल्स हाउसिंग फाइनेंस स्टॉक प्राइस के बारे में आप क्या सोचते हैं?

 

 

Date: 27th June 2021

ZEEL – Zee Entertainment 

As per my trade setup, I am looking forward to investing in ZEEL.

So, if ZEEL closes above 232 support by an increase in volume, then I will buy some shares with an initial Stop Loss at around 175.

If it moves as per my trade setup, then I will keep trail my Stop Loss.

 

 

Date: 13th June 2021

1. Reliance

Reliance looks strong in the chart and breaks downward trendline and retested followed by a bullish candle.

So, I am looking to go long in Reliance above 2235 for the First Target of 2365 and 2nd Target of 2495

2. Tata Motors

Tata Motors is strongly bullish and ready for a breakout. I am planning to add some shares of TataMotors to my portfolio.

Entry Criteria:

Long Only- TataMotors looks strong above 361 for a target of 600 However, I will book partial profit near short term resistance levels @ 432,485,550, and final 600

 

 

#priceaction #priceactiontrading #priceactionstrategy #swingtradingstrategies #StocksToWatch #stockmarketinvesting #StocksInFocus #stockstobuy

Disclaimer: 

This post does not contain any BUY or SELL recommendations. Technical analysis studies presented here are to help viewers understand the price movement of shares or indexes with real-life examples.

Viewers are encouraged to do their own research, due diligence, and risk assessment before any trading or investment on techniques and studies mentioned herein.

Please read the full disclaimer.