Swastik24

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Advanced Technical Analyst by hobby since 2017. Based in Doha bcz of my profession in the field of 🛩🛠🪛🧰. Personally I prefer swing & positional trading.
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Reputation: 9,379  •  Oct 16 7:11 AM
Ashok Leyland Swing Setup for NSE:ASHOKLEY by Swastik24
Ashok Leyland Swing Setup for NSE:ASHOKLEY by Swastik24
Price has broke out of a cup with handle pattern and has retested the support. Good to enter at CMP with its technical target at 300 and SL at 162. Around 70% ROI in medium term with 9:1 R:R. Robust fundamentals. Do your own due diligence before taking any action. Peace!!
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Reputation: 9,379  •  Oct 1 4:09 AM
NATCO PHARMA LTD medium term swing idea for NSE:NATCOPHARM by Swastik24
NATCO PHARMA LTD medium term swing idea for NSE:NATCOPHARM by Swastik24
Potential reverse head & shoulder pattern forming in NATCO PHARMA LTD. Fundamentals are quite good with highest ever net profit in Q1 2023 Expecting entry around 790 level with the technical target of 1350 (70% ROI) Stop loss below 750 (optional) Do your own due diligence before taking any action. Peace!!
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Reputation: 9,379  •  Sep 18 4:31 AM
Antony Waste Handling Cell Swing Setup for NSE:AWHCL by Swastik24
Antony Waste Handling Cell Swing Setup for NSE:AWHCL by Swastik24
Price is consolidating after breaking out of the triangle pattern. RSI is showing strong bullish divergence. Its technical target is 510+ Good to accumulate for an upside of 54-55% in medium term. Stop loss should be below 312 (Optional) which makes this 10:1 R:R setup. It has a strong potential to cross 600 in long term (almost 82% upside in about a year) Fundamentally sound and debt is bit high due to new waste to energy project with a capex of 250 crores. This can definitely boost their …
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Swastik24 replied to own post
Swastik24   
Sep 11 3:54 AM

I have accepted the fact that I have only one voter who keeps up voting my insights even when no one votes.
Many thanks @aravind-r1M3ryX0w 😊
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Reputation: 9,379  •  Sep 10 4:31 AM
Potential Cup with handle pattern in Globus Spirits Ltd for NSE:GLOBUSSPR by Swastik24
Potential Cup with handle pattern in Globus Spirits Ltd for NSE:GLOBUSSPR by Swastik24
A potential cup with handle pattern is forming which can lead to a technical target of 1925. RSI showing strong bullish divergence on daily TF. Good to accumulate around 850-900 levels for the following targets: Short term swing target of 1400 (55% ROI with 3.33 R:R) Medium term swing target of 1925 (114% ROI with 6.83 R:R) Long term positional target of 2800 (211% ROI with 12.67 R:R) Optional stop loss @ 750 It should not take more than 2 years to achieve it's final …
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Reputation: 9,379  •  Sep 10 3:25 AM
Campus Activewear Ltd Trend Analysis for NSE:CAMPUS by Swastik24
Campus Activewear Ltd Trend Analysis for NSE:CAMPUS by Swastik24
Price broke out of the ending diagonal and strong bullish divergence with RSI signifies trend reversal. Good to accumulate around CMP for the following targets: Short term swing target @ 460 (47% ROI) Medium term swing target @ 520 (66% ROI) Long term positional target @ 640 (104% ROI) 100% ROI seems achievable within a year. Rise in PE is due to decline in net profit whereas sales growth is consistent. Fundamentally seems overvalued but technically it's good time to buy. Do your own due …
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Swastik24 replied to Bharat 's comment
Swastik24   
Sep 9 1:50 PM

@BharatB Exiting at bottom makes no sense. So hold
Swastik24 replied to own comment
Swastik24   
Sep 9 1:49 PM

@BharatB now u can expect upside as the price broke out of its long-term trendline resistance.
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Reputation: 9,379  •  Aug 12 2:35 AM
140 % upside potential in Punjab and Sind Bank for NSE:PSB by Swastik24
140 % upside potential in Punjab and Sind Bank for NSE:PSB by Swastik24
Currently price is ranging around important key level. Multiple patterns are forming on this chart such as triangle, pole & flag and a big cup with handle. The huge volume activity since November 2022 till now indicates more towards its upside potential. Only 1.75 % of the shareholding is with DII & Public, remaining 98.25 % is retained by the promoters. Today price closed just above the yellow trendline resistance with huge volume. Good to buy at CMP with Stop Loss at 30.70 for the …
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Swastik24 replied to Projjwal Maiti's comment
Swastik24   
Aug 9 8:46 PM
Swastik24 replied to own post
Swastik24   
Aug 8 6:15 AM

What does the net profit of 2 crores signify for 83,953 crores market cap company? It's just 0.002%, a drop in the ocean.
Tsunami will not come bcz of that drop 😜
Be logical.
If somehow the company will generate good numbers in the future, u will still get many buying opportunit...
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Reputation: 9,379  •  Aug 8 6:05 AM
ZOMATO   be FEARFUL when others are GREEDY! for NSE:ZOMATO by Swastik24
ZOMATO be FEARFUL when others are GREEDY! for NSE:ZOMATO by Swastik24
It's simply the best time to exit ZOMATO according to me. I have updated the wave counts for your reference. It's most likely to form a WXY pattern on a cycle degree. Wave Y may form ending diagonal in 5 wave formation with a downside of upto 26 level. A fall of around 73% from CMP. I am just sharing my views here. You do your own due diligence before taking any action. Peace!!
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Reputation: 9,379  •  Aug 7 6:19 AM
Prince Pipes Fittings Swing Opportunity for NSE:PRINCEPIPE by Swastik24
Prince Pipes Fittings Swing Opportunity for NSE:PRINCEPIPE by Swastik24
A rounding base (saucer bottom) has formed in which a reverse H&S pattern is clearly identifiable. As per the chart pattern, it's technical target is near it's ATH at 897 which seems achievable in the short term. Good to buy at CMP for a target of 897 with SL below 635 (35.6% ROI with 8.9:1 R:R) For best results, buy while the breakout is happening with huge volume above the white trendline resistance drawn for reference. Sometimes I draw trendlines on line chart to ignore the wicks of …
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Reputation: 9,379  •  Jul 30 6:40 AM
Star Cement Ltd potential Cup with Handle pattern for NSE:STARCEMENT by Swastik24
Star Cement Ltd potential Cup with Handle pattern for NSE:STARCEMENT by Swastik24
A nice giant saucer bottom has formed over a span of more than 5 years. Expecting a small handle formation before blasting off towards it's technical target of 240+ Good to enter around 130 levels for a target of 240 with SL below 115. 84.6% ROI with 1:7 R:R Stable fundamentals. Do your own due diligence before taking any action. Peace!!
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Swastik24 replied to Hardeep's comment
Swastik24   
Jul 28 1:37 AM
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Reputation: 9,379  •  Jul 27 6:29 AM
Fineotex Chemicals Ltd short term swing setup for NSE:FCL by Swastik24
Fineotex Chemicals Ltd short term swing setup for NSE:FCL by Swastik24
A nice Cup with Handle pattern formed as highlighted. Better to enter after trendline breakout with increase in volume for more conviction. Technical target is around 446.5 (46.97% ROI from CMP) Stop Loss below 268.5 (1:4 R:R) One of the best fundamentally sound chemical stocks to invest for long term. ROCE 37.3 % ROE 28.9 % Debt to equity 0.02 Current ratio 3.58 Quick ratio 2.83 Piotroski score 9.00 Do your own due diligence before taking …
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Reputation: 9,379  •  Jul 19 7:10 PM
Clean Science & Technology Ltd Trend Analysis for NSE:CLEAN by Swastik24
Clean Science & Technology Ltd Trend Analysis for NSE:CLEAN by Swastik24
Fundamentally sound, debt free but little overvalued. In my opinion the higher degree corrective move is over now as per the wave counts highlighted (WXY). Currently price is forming a higher high and higher low formation which confirms trend reversal. RSI showing bullish divergence on daily TF and many other confluences you can observe in my chart. The wave form is most likely to be an ABC wave with a target around 1980. Good to buy at CMP for short term target of 1980 (50% ROI & 7:1 …
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Reputation: 9,379  •  Jul 17 5:16 AM
Olectra Greentech Trend Analysis for NSE:OLECTRA by Swastik24
Olectra Greentech Trend Analysis for NSE:OLECTRA by Swastik24
285% rally in 141 days is good enough rally to attract retail traders. Stay away and thank me later. As per ABC corrective pattern, Olectra already achieved its target. I am not expecting any upside in short term. 50% correction coming which can push the price lower towards 700 odd levels Once peaked at PE of 370, now available at a PE of 172. Even the forward PE is around 100. Think about it. Do your own due diligence before taking any action. Peace !!
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Reputation: 9,379  •  Jul 12 7:27 AM
Global Education Ltd Trend Analysis for NSE:GLOBAL by Swastik24
Global Education Ltd Trend Analysis for NSE:GLOBAL by Swastik24
High probability trade setup!! To keep it short, this education sector microcap company has robust fundamentals with highest ever net profit in FY2022-23. Technically, price is forming a potential reverse H&S pattern. Strong bullish divergence with RSI on 4H & Daily timeframe. Good to buy at CMP for a target of 293+ in short term (75% ROI with 7:1 R:R) Mandatory stop loss @ 150. Do your own due diligence before taking any action. Peace!!
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Reputation: 9,379  •  Jul 11 7:48 AM
Bull trap or Buying opportunity? EASEMYTRIP Trend Analysis for NSE:EASEMYTRIP by Swastik24
Bull trap or Buying opportunity? EASEMYTRIP Trend Analysis for NSE:EASEMYTRIP by Swastik24
Currently price is moving below 200 DMA after death cross and head & shoulder pattern formation. Everything is good about the fundamentals except valuation. Around 6% of the promoter's holdings were disposed ahead of General Sales Agreement with Spicejet Airlines. Looks like a 35% dump is on its way to achieve the target of H&S pattern around 28 odd levels. Any upside momentum will be a bull trap. Will update targets after price comes to the buying zone highlighted in green. Do your own …
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I post insights of stocks and indices for both long and short term. Personally I don't prefer F&O and Intraday however if you are an F&O trader, you may find my insights useful.

You should try to test your trading strategies using my insights in Frontpage demo trading platform to see if it can help before trying with real money.

My trading strategies are high reward to risk setups. Using proper money management techniques can definitely keep you profitable.

Advice for beginners: Never put all your eggs in a single basket. Try to maintain a well diversified portfolio of at least 15-20 stocks for the long term.

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Username: Swastik86

Sharing Chart Insights and trade ideas on Frontpage since 4th April 2022.

For any queries or doubts, feel free to chat.
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The insights I post here are purely for educational purposes.
Do your own research before placing any trade.

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