#089 | Swing Trades for the Week

Indian Equity Markets - Technical views on Nifty, Bank Nifty and 3 interesting ideas 🚀

Photo by Brian McGowan on Unsplash

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.

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Alpha Swing does not provide SEBI registered investment advice.

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Let’s dive in.

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Do Note

Important - Typically, a buy trigger is initiated when the hourly candle closes above Friday’s closing price.

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Nifty

In Nifty's chart we can see that we had a great run in the last 3-4 weeks.

Now it is right at a resistance level and since we had a good up move, a halt / pause is possible over here.