📈The swing trading strategy works well in trending markets.
📊Two major indicators used: Super Trend and Pivot Point.
📝Entry point is when price crosses above Super Trend and R1.
💰Target price is 10% profit, stop loss is 5% below entry point.
🕒Time frame for analyzing the setup is daily.
What are the indicators used in the strategy?
—The strategy uses Super Trend and Pivot Point indicators.
What are the entry points for the strategy?
—Entry points are when price crosses above the Super Trend and R1 in the Pivot Point.
What is the target price for the strategy?
—The target price is a 10% profit.
What is the stop loss for the strategy?
—The stop loss is 5% below the entry point.
What is the recommended time frame for analyzing the setup?
—The recommended time frame is daily.
00:00Introduction by CA Rachana Ranade.
00:36Introduction to the simple swing trading strategy for trending markets.
01:00Announcement to watch the video till the end and share it with others.
01:13Acknowledgment of viewer comments.
02:27Explanation of the two indicators used: Super Trend and Pivot Point.
03:04Entry points for the strategy based on indicator crossovers.
03:38Target price and stop loss for the strategy.
04:43Practical examples of trades with Bajaj Finance and ITC.
