Best Swing Traders in India

Your question is tricky and quite tough to net swing traders who are exclusively brilliant in short-term trade returns and still hold a low-risk profile.

The best stock trainers in the Indian market, who can mold you to become the best swing traders are

CA Rachana Phadke Ranade, and Pranjal Kamra.

In addition, you can consider experts like Asset Yogi, Sidharth Bhanushali, Sunil Minglani, Nitin Bhatia, Sahil Bhadviya, and Shariqaue Samsudheen.

Most of the top traders across all the stock exchanges in a global scenario, make use of intraday, futures, and options on their underlying assets to make huge trade returns.

Making a mention of a single swing trader to excel in the stock market isn’t possible but there are wonderful stock brokerage companies supporting their clients’ interests with multiple trading strategies.

Still, if you are inclined to find an answer that speaks about the best swing traders then the best way to search for reviews on brokerage companies that are providing swing guidance.

Best YouTube Channels for Swing Trading

Another area where you can find the best swing experts delivering their experiences to traders is YouTube channels. Over the Youtube social media, you can research for the best options applicable for the swing businesses.

If you have patience, you can identify several scintillating trainers daring to encourage you to absorb swing techniques that are suitable in a given scenario.

I can reveal the stock swing experts continually driving their strategic ideas so that you can equip yourself to wrestle the markets better in the real-time stock markets.

Tradersmith is one of the best stock market software providers that helps you analyze and strategize the best stocks in the given context. They do recommend the best stocks when you are essentially craving for.

Angel One, Zerodha, and Upstox, all are discounting brokerage firms that run their stock market business by not hurting the financial interests of their clients.

You can understand the best performer in swing stock trading and even find the leading stock trader exclusively working on stock market swings.

Moreover, in the Indian context, you will come across trainers who can give you the best insight into the swing short-term trades and you can seek knowledge gainfully.

How Long Should I Hold a Swing Trade?

You can hold swing trade and the corresponding positions of entry and exit by utilizing the strategies mentioned below.

1. Buy low, sell high (stocks)

2. Support & Resistance Levels (Price Action)

3. Counter-trend Trading

4. Pullback trading (shifting to previous resistance/support levels)

Buy low, sell high (stocks)

In stock markets, the volatility which is known as the price fluctuations of stocks form different trends on the charts. These charts are uptrends, downtrends, and sideways movements.

Uptrends:

The stock prices in the uptrend specifically move higher highs and higher lows.

Downtrends:

The stock prices in the downtrend specifically move lower lows and lower highs.

Sideways:

In this scenario, there will not be any trend set and shall be called a ranging market.

Conclusion:

An important portion of the swing charts that are to be identified for buying (entry) and selling (exit) of the stocks.

To sell your stocks, you must identify the highs of the lower highs when the stock market is experiencing a downtrend, and to buy stocks you must identify the lows of higher lows when the stock market is experiencing an uptrend.

Price Action Trading

When the stock prices in the stock markets move sideways, they form support and resistance zones and at a stage, they bounce off from these zones.

When a stock price does reach the resistance range it means it has attained the highest price and likewise, when it reaches the support zone, it means it has attained the lowest price.

At the support/resistance levels, a large number of orders do create huge pressure in the process of buying/selling.

When traders slowly stop selling their stocks to make profits it creates selling pressure and the stock prices begin to fall.

Similarly, when traders reduce their participation in the buying of the stock activity, it creates a buying pressure and the stock prices begin to rise in the stock markets.

Counter-trend Trading:

In the stock markets, traders conduct trading in a momentum, either they buy or sell prices as per the trading signals.

In case of a trend set that goes against the momentum that means the trading signals movement is in the opposite direction of a current trend what should be a trader’s action plan?

In such a situation, you must make use of momentum indicators, reversal patterns, and trading ranges to identify the best executable trades.

Traders must also utilize risk management techniques like stop-loss to limit the losses if trading signals cause them.

Pullback Trading:

In the stock market, when the trading signal levels break, the broken support level becomes the resistance level, and similarly, the broken resistance level turns to the support level.

The traders take advantage of this stock market phenomenon, they will have already placed selling orders around the previously-broken support level, and buyers will place buy orders at the previously-broken resistance level.

Best Time Frame for Swing Trading

In this article, I have explained the best time frame for swing traders to predict the accurate move.

Swing traders put their underlying assets on trade and wait for days to weeks just to make the best profits as and when the opportunity prevails.

You can make the best analysis of the ongoing trade patterns, uptrends, downtrends, and sideways swings by studying a timeframe. It is possible when you implement the time frame. What is a daily time frame or day bars?

You can obtain the trading activity (stock fluctuation) on a chart that occurs in a day from the beginning to the end of the day’s trading session. The chart represents the bar/bars of the trading signal reflecting a day’s trade/day’s trades. Each bar is confined to the trading activity for the whole day.

What Is the Significance of the Bar?

Institutions of various sizes, small/big/large conduct technical analyses of their chosen stocks before opening/closing of the market trades to locate the precise positions and shift them to the newer positions when it is necessary.

When you make use of a time frame in swing trading you will draw needful info depending upon the factors like primary trend, technical analysis, and price variations (swings).

Multiple Timeframes Support Pegging Positions:

As per the scenario, you must make a combination of multiple timeframes to define your trade plan, put it into action (execute), and monitor the trades.

A minimum time frame is 60-minute and they are conducted during the trading hours from 09:30 am to 04:00 pm.

Depending upon the strategy, and the company’s preferences you are free to analyze the timeframe of daily bars, 1-minute bars, 4-minute bars, or 5-minute bars or even more.

Each time frame derives something specific. For instance, a 4-hour chart is utilised to refine the trading signals.

A 1-hour chart helps you in managing the trading activity.

You as a swing trader must use different kinds of technical indicators, for instance if you are dependent on shorter time frames then oscillators function better and for longer time frames you will be adapting the moving averages.

Best Time Frame for Swing Trading?

Time frames of different periods are utilized by traders and you too can experience various issues that act as indicators to peg the right positions on trades.

Weekly timeframe:

1. In a weekly timeframe, you can observe with full clarity the stock volatility.
2. These charts exhibit support and resistance levels, trading signals that represent the direction and strength of the trading trends.

Daily Timeframe:

1. The daily time frame charts do reflect the price swings within the primary trend.
2. Daily chart trends provide you with the entry and exit trades that can be precisely identified through breakouts, pullbacks, price action signals, and reversals.

4-Hour Timeframe:

1. The 4-hour timeframe represents a short-term trend that comprises slight price swings within the intermediate trend.
2. In addition, the candlestick patterns, momentum indicators, and volume analysis enable you to define entries and exit positions.
3. By utilizing the technical indicators, you can also identify the optimal timing and various price levels of the current trade.

1-Hour Timeframe:

1. The 1-hour timeframes help you when you are actually in day trading, as the stocks react to the news, events, and market sentiments.
2. You can precisely make stop-loss modifications to make better profits in the highly volatile stock markets and you can maintain risk-reward ratio to optimum levels.

Disadvantages of a Mutual Fund?

Here are the major disadvantages of investing in mutual funds in India. Mutual funds help you to earn a decent profit with an element of risk factor imbibed.

Mutual funds are run by mutual fund companies by investing your investments in various kinds of funds that differ in their properties. You can invest your money in equity funds where your investments are directly placed in stock market equities by selecting a diversified portfolio.

Thus, reducing the risk factor considerably in times of high market fluctuations. You can further make a balanced investment in the hybrid funds, and they are a combination of equity and debt.

An experienced fund manager can plan a fund at a fair price for you and also place it in a way that is convenient and good at controlling risk factors.

In addition, a craftful fund manager can engage your investments in advanced portfolio management, reinvestment, and dividends.

In short,

Mutual Funds are growing popular in India, and it is enabling fund managers to run professional management of investments drawn from various quarters.

Another important expenditure you shall incur is the financial costs which are unavoidable while conducting businesses, and salaries spent by fund houses for their fund managing professionals/staff.

Disadvantages of Mutual funds:

You will find high fees like operating fees, switchover fees, and entry & exit load fees.

The return on the investment is taxed and there is a possibility of improper trade execution.

Your fund may lose its credibility when the fund operating managers fall prey to management pressures.

You May Lose Money in Mutual Fund Operations:

You may not obtain your expected return on a mutual fund as the fund management levies fees that include entry load, exit load, transactional charges, & expense ratio and they can be listed as follows.

Entry Load:

Asset Management Company, AMC, levies the distribution cost for promoting the MF scheme on you.

Exit Load:

Asset Management Company, AMC, levies the exit load expenses when you want to exit the fund prematurely and it is usually 1 percent on the redemption value.

Transaction Charges:

It is the cost collected by the fund management as the transaction fee at the inception of the fund and the fee would be INR 100 to INR 150 for an investment of INR 10,000 and above.

And, for anything below INR 10,000, the transactional fee is not charged.

Expense Ratio:

It is the annual fee collected on your investment and is a percentage of the fund’s daily net assets.

The value of assets deducted from the net asset is adjusted against the marketing expenses, fund manager’s fees, distribution fees, and administration fees.