Swing Trading Strategy for Consistent returns
Rules-
💠Look for Stocks that have made a moving average crossover after the stock has corrected significantly
💠After the crossover has happened , you need to wait for the stock to move 8-10% up , don’t enter on MA crossover Blindly
💠The stock should have made a base and then wait for base breakout on higher volumes
Stoploss should be below the breakout level

Example - #LaurasLabs

Stock made Crossover near April and resistance was at 1145rs , single candle broke the resistance that was entry 1
Do not enter in middle of the trend , always wait for base formation , that is breakout 2
Stock should trend above 21 ema , with structure of HH-HL not breaking previous swings

Example - #Divis Labs
Ma Crossover near 6250 but there was no base on the breakout
Base became visible after many months
Breakout was near 6700
2nd Breakout near 7400
Stoploss max 8% or Below Base whichever is lower

#SwingTrading #Post