#050 | US Stocks

Checked out the Indian Newsletter? It has Technical views on Nifty, Bank Nifty and 3 interesting ideas 🚀

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Have you checked out our Indian Stocks Newsletter for this week?

We have now started a small section with a short fundamental take on the stock.

Click here to check out this week’s edition.

Indian Swing Trades

In this week’s edition we talk about three interesting stocks from three different sectors - Diversified Textiles, PSU & Branded Apparel.


Guess the Breakout Indian Stock of the Week 🚀

In this week’s 3 swing trades, we are back with the interesting guessing game.

If you can guess the stock right, you get a complimentary 1-month premium access to Alpha Swing.

This is one of the most favourite PSU stocks and recently the Government has also been pushing the peddle to have this divested.

The stock is available at a Forward PE of 7 times earnings.

While Operating Profit margin is at 33%, it is still a long way from the peak of 41%.

While 64% of the Company is owned by President of India, 7.3% is owned by LIC.

Guess The Stock.

Answer to last week’s quiz was Prince Pipes. If you made the guess right, kindly respond - you shall get the 1-month access.


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  • Indian Stocks - You get access to weekly swing trade newsletters - These include views around the benchmark indices and three interesting stocks from the Indian Markets. While Harneet charts out all the technical aspects of the trade, I try and put a short take from the fundamental side. Here’s a small snippet.

  • US Stocks - Two interesting swing trade ideas from the US markets. Presently, this is being given for free every week but we may soon put this behind the paywall exclusively for our premium subscribers.

  • Community Events - Until now, we have hosted multiple community events - Live Zoom call, Telegram Ask Me Anything (AMA) sessions and also Twitter Spaces. We will soon publish schedules for this.

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Apple

$AAPL has given a breakout to life high along with rising volumes and MACD is also positive.

Once something is at life highs, it can continue to keep trending upwards as there is no potential resistance. Any dip towards the marked levels could be a buying opportunity.

(Volume Shelf is an exclusive feature available only on Trendspider.)


Adobe

Attached chart is self-explanatory.

$ADBE has also given a breakout to life highs along with rising volume and MACD is also positive.

Only concern here is that it made a upper wick on Friday, so it would be better to initiate a position once it crosses that.

We are looking for a 10-12% move in it soon, once it crosses the Friday high.


Have you checked out our Indian Stocks Newsletter for this week?

We have now started a small section with a short fundamental take on the stock.

Click here to check out this week’s edition.

Indian Swing Trades


Disclaimer

The data/information available on this newsletter is for the purpose of information only and one needs to rely on their own judgment while making any decisions including investment decisions.

Any investments discussed or recommended are not intended to offer or solicit an offer to buy and/or sell any securities mentioned on this newsletter and/or is not an official confirmation of any transaction.

No content on this newsletter should be construed to be investment advice. You should consult a qualified financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only. The author / contributor accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.

Alpha Swing does not provide SEBI registered investment advice.

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Alpha Swing is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.