Agnostic Swings
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A qualified CFA & Technical Analyst

Welcome to my Trading Journal

I share my equity swing trades regularly here

Not a SEBI registered advisor

Posts are for educational purposes only

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#Nifty has broken crucial 13800 level today. We may see 13600 and 13400. major support at 13200
But we have successfully avoided taking any long positions this week, i.e, saved our trading capital from the correction.
#BankNiftyFutures is going for a retest of 31300-31500-31700.
#Nifty 13550 levels will be crucial. A break below that and we could see a slide towards 13200
A confirmed breakout above 13790 in #NiftyFutures and we can see 13975 today. A break below 13700 and we can see 13585-13440 today. Do not take any trades between 13700-13790 until market gives a breakout on either side.
Agnostic Swings
#BankNiftyFutures is going for a retest of 31300-31500-31700.
A high of 31680 done! All targets achieved. #BankNifty futures may recede from here
Short covering underway in the market due to absence of negatives in the budget.
All indices at their resistances now. Bulls will need a breakout for the rin to continue and bears will need a rejection of these levels
Nifty Bank : 32700
Nifty: 14250
Bullish market structure confirmed. Bulls taking back control. Expect buy calls going forward.
#KEC
CMP: 386
STOPLOSS: 360
TARGET : 425 - 440
RETURN : 7 - 14%
#JKCEMENT
CMP: 2255
STOPLOSS: 2120
TARGET : 2385 - 2525
#ZEEL
CMP: 240
STOPLOSS: 225
TARGET : 260 - 285
Cement and Infra stocks breaking out.
#PTC
CMP: 62.25
STOPLOSS: 59.5
TARGET : 65.5 - 68
#CIPLA
CMP: 860
STOPLOSS: 820
TARGET : 900 - 940
To reiterate for the new subscribers:

WE SHOULD NOT RISK MORE THAN 1% OF YOUR CAPITAL PER TRADE.

STOPLOSS = Buy Price - Sell Price

POSITION SIZE = (Total Capital * 1%)/Stoploss

Strictly follow position sizing and stop losses in a disciplined manner.