This is a live swing trade I am taking in $MCDOWELL-N (United Spirits). The stock has shown exceptional relative strength by holding its post-earnings gap and is now breaking out of a consolidation range.
This post details the *full* mechanical framework I am using to manage this trade.
### 1. Indicators Used on This Chart
* **9 EMA (thin black line):** Short-term momentum.
* **21 EMA (thin orange line):** The **Key Trend Support**. The stock has repeatedly bounced off this line.
* **50 EMA (green line):** Medium-term trend.
* **200 EMA (red line):** Long-term trend.
* **Volume:** Confirming the move.
### 2. Decoding the "Gap Survivor" Setup
This is a story of strength:
1. **The Gap (Oct 31):** The stock gapped up powerfully on strong volume.
2. **The Survival (Nov 1-20):** Instead of filling the gap (which weak stocks do), it consolidated sideways. It *survived* the profit-taking phase.
3. **The Bounce (Nov 21):** The stock dipped to test the **21 EMA (orange line)** and bounced perfectly. This confirmed that institutional buyers are defending the trend.
4. **The Hourly Coil (Micro-Structure):** On the **1-Hour chart**, we can see a clear resistance range forming.
5. **The Breakout (Today - Nov 26):** The price is breaking above the hourly resistance and the daily consolidation high at `₹1,448.20`. This is our multi-timeframe confirmation.
### 3. The Mechanical Trade Plan (The "Swing" Playbook)
This is a cash "Swing" trade.
* **Bias:** Long
* **Entry (Purple Line):** `₹1,448.20`
* **Stop-Loss (Red Line):** `₹1,395.30` (Placed below the 21 EMA bounce and the recent consolidation low).
* **Risk (1R):** My risk is fixed at **`₹52.90`** per share (3.65%).
### 4. Our Exit Strategy (The "2R / 21EMA Hybrid")
1. **Target 1 (Base Hit):** Sell **50% of the position at +2R.**
* **2R Target = ~₹1,554.00**
* This pays for the trade and locks in gains into strength.
2. **The "Free Trade" Maneuver:** As soon as Target 1 is hit, the stop-loss on the remaining 50% is moved to **Breakeven (Entry Price).**
3. **Target 2 (The Runner):** I will trail the remaining "free" position using the **21 EMA (Orange Line)**. Since the 21 EMA has been the "guardian" of this trend all month, it is the perfect trailing stop.
*Disclaimer: This is not financial advice. This is my personal trade journal and framework, shared for educational and analytical purposes only. Always do your own research.*
This post details the *full* mechanical framework I am using to manage this trade.
### 1. Indicators Used on This Chart
* **9 EMA (thin black line):** Short-term momentum.
* **21 EMA (thin orange line):** The **Key Trend Support**. The stock has repeatedly bounced off this line.
* **50 EMA (green line):** Medium-term trend.
* **200 EMA (red line):** Long-term trend.
* **Volume:** Confirming the move.
### 2. Decoding the "Gap Survivor" Setup
This is a story of strength:
1. **The Gap (Oct 31):** The stock gapped up powerfully on strong volume.
2. **The Survival (Nov 1-20):** Instead of filling the gap (which weak stocks do), it consolidated sideways. It *survived* the profit-taking phase.
3. **The Bounce (Nov 21):** The stock dipped to test the **21 EMA (orange line)** and bounced perfectly. This confirmed that institutional buyers are defending the trend.
4. **The Hourly Coil (Micro-Structure):** On the **1-Hour chart**, we can see a clear resistance range forming.
5. **The Breakout (Today - Nov 26):** The price is breaking above the hourly resistance and the daily consolidation high at `₹1,448.20`. This is our multi-timeframe confirmation.
### 3. The Mechanical Trade Plan (The "Swing" Playbook)
This is a cash "Swing" trade.
* **Bias:** Long
* **Entry (Purple Line):** `₹1,448.20`
* **Stop-Loss (Red Line):** `₹1,395.30` (Placed below the 21 EMA bounce and the recent consolidation low).
* **Risk (1R):** My risk is fixed at **`₹52.90`** per share (3.65%).
### 4. Our Exit Strategy (The "2R / 21EMA Hybrid")
1. **Target 1 (Base Hit):** Sell **50% of the position at +2R.**
* **2R Target = ~₹1,554.00**
* This pays for the trade and locks in gains into strength.
2. **The "Free Trade" Maneuver:** As soon as Target 1 is hit, the stop-loss on the remaining 50% is moved to **Breakeven (Entry Price).**
3. **Target 2 (The Runner):** I will trail the remaining "free" position using the **21 EMA (Orange Line)**. Since the 21 EMA has been the "guardian" of this trend all month, it is the perfect trailing stop.
*Disclaimer: This is not financial advice. This is my personal trade journal and framework, shared for educational and analytical purposes only. Always do your own research.*
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.