π 13 Stocks Near Swing Support to Watch on June 3rd – Technical Setups You Can’t Miss!
1. ESCORTS π – Gearing Up for a Bounce?
ESCORTS is currently testing a strong horizontal support zone around previous price consolidation. Historically, this level has triggered buyer interest. RSI is cooling off, and a bounce here could push it back into an uptrend.
2. GPIL πͺ¨ – Strength at Base Building
Godawari Power & Ispat (GPIL) is forming a base pattern right at long-term support. With volumes tapering and price holding steady, this could be the calm before the rally.
π Support Zone: ₹720 – ₹740
π₯ Swing Trade Potential: Medium
3. IRCTC π – Back on Track?
The railway PSU giant, IRCTC, is sitting on a well-tested demand zone. It’s a favorite among swing traders thanks to its volatile yet predictable price action.
π Support Zone: ₹880 – ₹900
π₯ Swing Trade Potential: High
4. CESC ⚡ – Powering Through Support
CESC has reached its previous breakout level which is now acting as support. The candles are forming a hammer-like structure — always a good sign in swing trades.
π Support Zone: ₹97 – ₹100
π₯ Swing Trade Potential: Moderate
5. TATACONSUM ☕ – Brewing a Fresh Move
The FMCG major TATACONSUM is holding tight at its 100-DMA and horizontal support, forming a potential reversal pattern. Great setup for a defensive + growth-oriented swing.
π Support Zone: ₹1,030 – ₹1,050
π₯ Swing Trade Potential: High
6. CREDITACC π³ – Credit Where It’s Due
CREDITACCESS GRAMEEN is approaching its previous demand level, with declining volume — often a precursor to a reversal. Swing traders should watch for a confirmation candle.
π Support Zone: ₹1,000 – ₹1,020
π₯ Swing Trade Potential: Medium
7. TATAPOWER π – Ready for a Charge?
TATAPOWER is nearing its support from March and April. If this zone holds, a bounce toward ₹400+ could be on the cards.
Also Read - π 7 High-Conviction Swing Trade Stocks to Watch on Monday (June 2): Chart Breakouts & Momentum Picks
π Support Zone: ₹370 – ₹380
π₯ Swing Trade Potential: High
8. LICHSGFIN π – Housing the Next Bounce
LIC Housing Finance is testing its previous swing low and long-term trendline. Volume contraction here suggests selling pressure is drying up.
π Support Zone: ₹600 – ₹620
π₯ Swing Trade Potential: High
9. SAREGAMA πΆ – In Tune with the Trendline
SAREGAMA is a beautifully trending media stock that is pulling back to its trendline and previous breakout zone. If this level holds, expect a musical rally.
π Support Zone: ₹400 – ₹420
π₯ Swing Trade Potential: Medium
10. AMBUJACEM π️ – Cementing Support
Ambuja Cement is holding its ground near a major swing low. With the cement sector showing rotation signs, this could be a smart early entry.
π Support Zone: ₹570 – ₹580
π₯ Swing Trade Potential: Moderate
11. MAPMYINDIA πΊ️ – Mapping the Reversal
After a sharp correction, MAPMYINDIA is sitting at a crucial demand zone. If buyers return, the stock has ample room to bounce back toward ₹2,000+.
π Support Zone: ₹1,720 – ₹1,750
π₯ Swing Trade Potential: High
12. HDFCBANK π¦ – The Big Bank at Big Support
HDFC Bank, one of the Nifty heavyweights, is resting on monthly support. Often a laggard, but when it moves — it moves big.
π Support Zone: ₹1,470 – ₹1,490
π₯ Swing Trade Potential: High
13. CHOLAFIN π – Finding Traction
Cholamandalam Finance has pulled back right into its 200-DMA. With the finance sector still active, this could be a great technical retest.
π Support Zone: ₹1,040 – ₹1,060
π₯ Swing Trade Potential: Medium
π‘ Final Thoughts: Keep These Stocks on Radar!
Swing trading is all about timing, and spotting strong support levels can often give you a favorable risk-reward setup. These 13 stocks are showing signs of potential reversals or continuation bounces — ideal for short- to medium-term trades.
π Pro Tip: Always wait for confirmation with price action or volume before entering. Risk management is key.
π₯ Which stock from the list are you watching most closely? Let us know in the comments!
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