Best Swing Trading Stocks March 2021 | Best stocks for Short Term Investment March 2021
Through this video I will share with you about the stocks which you may keep in during March 2021 for swing trading, short term trading or investment I will explain the suitable entry and target level of that stocks one by one Before beginning of the video let check the status of calls given in my last video for Feb'21 whether the target made or the status of that stocks In my last video for Feb'21 In last month the first stock shared with you was POEWRGRID POWERGRID was recommended to buy at 200 However, the stock made low near 207 Target was 227 and achieved the target 2nd stock was IRCTC IRCTC was recommended for entry @ 1515 the target was set for 1995 It was recommended to hold this stock for 3-6 months However, this stock has made low @ 1592 (appx.) Target @ 1995 has been achieved within a month ! GODREJPROP was recommended to buy @1375 After publishing the video it has made low @1404 on 8th Feb'21 after that price started to print upward direction It has made high 1572 till date Target for this stock is still open The stock was recommended to hold for 2-3 months The target will be achieved in coming days 4th recommended stock was IFCI IFCI was recommended to buy @8.5 target was mentioned @18 after publishing the video this stock has made low @8.25 on 8th Feb'21 till date it has made high at 13.20
after that there is some sort of pull back move In coming days the target of 18 will be achieved Not only 18. If it sustain above 18 you may expect upward move to be continued at least Rs. 21 can be achieved However you need to hold this stock with patience. let start to discuss the stocks for Mar'21 which can be shortlisted for swing trading what would be the suitable entry and exit levels let discuss it I do request you to watch the video in full Don't skip the video you may keep BIRLAMONEY in your watch list for swing trading or short term investment The cycle in BIRLAMONEY has almost completed and it is on the verge of next cycle price is scaling toward upward direction This chart has been plotted on monthly time frame (MTF) to understand the price action let plot it on weekly time frame (WTF) now the chart has been plotted on WTF There is range bound trade for couple of weeks if you notice the volume found low volume if you see the chart on DTF it would be easy to understand price action while plotted the chart on WTF this range bound trading zone found with low volume in this level there was kind of accumulation done. price will definitely test the earlier swing high on breakout this zone will test the level at 52 let enable the chart with my predefined settings with fibonacci i will explain the entry and immediate level and what would be the next target and entry level you may see the fibonacci level the price has taken support on crucial level of .786
and after range bound trade it will breakout above and anticipated to test the swing high @ 52 You may enter @ 44 1st target will be @ 52 if price able to breakout and sustain above 52 then 2nd target will be @70 This stock has potential to give return from 18%-59% you may keep RAIN Industries in your watch list It has made all time high @475 it's base was near 37 during Jul' 2015 after that witnessed a rally It has made all time high @ 475 during 2018 After that there was distribution going on Price took support once it touched again it's base line and started it's next cycle of move price has started gradually printing upward direction It would be easy to understand price action on WTF chart price is continuing to print H/Lows and taken support on above 20DMA and tested 200DMA also after that witnessed pullback on WTF price has closed on above earlier swing high this level may act crucial support for this stock to make understand price action better let plot the chart on DTF on DTF price has taken support on its earlier swing high on above 20DMA and approaching to print upward direction the increased size bearish bar formed on 20DMA with low volume this level may act as crucial support for this stock you may consider this as entry level let me define the entry and target levels The pattern forming in this stock is quite attractive after testing the base line price has started to gradually print towards upward direction you may expect good return on this stock immediate target is 200 next target is 230 3rd target will be 300 the stock has potential to give return 25%-100% however you need to hold this stock with patience If you hold it for mid term -long term will get the return almost 100% JSLHISAR will be your next stock for watch list whatever the stocks i have selected all are completed its one cycle and from its base line ready for moving towards its next cycle there is accumulation still going on price is slowly moving towards upward direction price will test the earlier swing high in coming days to test the level @ 250 the chart plotted here is on MTF I will plot the chart on WTF and DTF also to analyse the stock to understand whatever price action is going on which would be convenient for you to understand the price action easily if you approach to analyse any stock in this way can decide where to make postion let plot the chart on WTF after completing its one cycle price has formed D/bottom and printing H/ lows price has taken support on 200DMA after crossing this level Price has started its pull back move once made a Swing high As the price taken support on 200DMA it is again ready for printing price towards upward direction and to test it's immediate swing high near 156 it has potential to test the level @ 250 let me plot the chart on DTF on DTF, when price printed on pull back move the volume was low the long size bearish bar formed with increased volume however, price has not gone further down that bearish bar's low and there was no further downward directional bearish bar formed it means the big players who are accumulating in this level do not want the price to be further go down and the volume has evidenced the same the price level marked by that big bearish bar is acting like shock absorber price is getting bounced from this level and trying to print further in upward direction at least to test it's immediate swing high price has taken support on .786 fibonacci level On DTF price is printing towards upward direction 1st target will be @156 2nd target @ 200 3rd target @ 250 entry level CMP/ 120 this stock has potential to give return from 23%-98% its depend up to you as per your emotion how you could hold the position accordingly you will be rewarded WABAG may be the 4th stock in your watch list after breaching the long time downtrend line on MTF price has gradually started to move in an upward direction price has made it's base line, low @ 151 it has made all time high @972.5 after that there was distribution started and the price has taken support exactly at its base line and started to move for its next cycle the stock is ready for next cycle of move you may keep this stock for swing trading or short term trading or investment on WTF price is printing H/Lows after breakout above this range bound trade price has started to print towards upward direction it will test 200DMA soon let me plot the chart on DTF to make understand price action better On DTF there is a pullback move with low volume from this level, we may expect the upward directional move let me tell the entry and target level Ideal entry level will be @ 250 immediate target is expected @345 2nd target @ 400 3rd target @ 450 the stock has potential to give return of 38%-80% all the targets mentioned here are based on market structures and based on price actions only next stock for your watch list is VIVIDINDIA the chart plotted here is on MTF there was accumulation near the price level @ 4.35 during 2014 after completion of accumulation there was up thrust move price has made all time high @70 after that distribution was started as when price tested its base line again started its next cycle of move whatever the stocks selected are based on the criteria of completion of one cycle and started for next cycle of move if you enter in these stocks there will be less correction further as because the price is printing near the bottom you may expect good return in these stocks in future now the chart has been plotted on WTF my video may be little bit of lengthy I could explain these in shortest way but my intention is that if you could yourself analyse any stock in this way you could too able to analyse price action in any stock or find out how to enter in any stock and the target also the lows are basically forming H/lows taking support on above 20DMA there is 200DMA above 20DMA it will test 200DMA soon let me explain how you could make entry and define target of this stock now the chart has been plotted on DTF there is a pattern forming called VCP ( Volatility Contraction Pattern) if you find VCP pattern in any stock then may expect good upward move in future stock has corrected 60% from its swing high after that there was accumulation going on with low volume though there was volume spike however price managed its high after making swing high it has again corrected 47% again after correction price has started to accumulate 3rd time price has attempted to make new high and corrected 37% from its present swing high now there is again accumulation going on you may expect that the price will test its immediate swing high or even higher entry level @ 19 1st target @ 30 2nd target @ 35 3rd target @ 42 this stock has potential to give return of 63% - 121% all the targets set here is base on MARKET STRUCTURES
2021-03-08 17:46
