🚀 Top 3 Swing Trade Stocks for 16th August – High Probability Setups 📈💰
Swing trading is one of the most powerful strategies for traders who want to capture short-to-medium-term price movements without sitting in front of the screen all day.
In today’s analysis, we’re bringing you three high-probability swing trade setups for 16th August that you can keep on your watchlist.
We’ll break down Entry, Stop Loss (SL), Targets, Risk-Reward Ratio (R:R), and the reason behind each trade idea. 📊
📌 1️⃣ GMRAIRPORT – Ready for Takeoff? 🛫
Stock Name: GMR Airports Infrastructure Ltd.
📍 Entry Price: ₹91
🛑 Stop Loss: ₹88
🎯 Target 1: ₹97
🎯 Target 2: ₹99.47
📊 Risk-Reward Ratio (R: R): ~1:2
Technical View:
🔸Price has shown a strong bullish candle after consolidating at a support level.💡 Trading Plan:
Buy near ₹91 with SL at ₹88. Trail your stop loss once Target 1 is achieved for a potential ride towards ₹99+.
📌 2️⃣ ASAHIINDIA – Glass is Half Full for Bulls 🪟
Stock Name: Asahi India Glass Ltd.
📍 Entry Price: ₹828
🛑 Stop Loss: ₹810
🎯 Target: ₹860+
📊 Risk-Reward Ratio (R:R): ~1:1.8
Technical View:
🔸The stock has been respecting its 50-day moving average and showing higher lows.
🔸Recent price action confirms support hold at ₹810 with a green bullish breakout candle.
🔸The breakout is supported by above-average volume.
💡 Trading Plan:
Buy near ₹828, SL at ₹810. If the breakout sustains, we may see ₹860+ in the short term. This can also be a positional trade if the market remains bullish.
🔗 Related Post: 📊 Monday’s Jackpot Picks: KARURVYSYA & DCMSHRIRAM Swing Trade Levels Inside! 💰
📌 3️⃣ LTF – Banking on the Bounce 💰
Stock Name: L&T Finance Holdings Ltd.
📍 Entry Price: ₹200
🛑 Stop Loss: ₹198
🎯 Target: ₹210+
📊 Risk-Reward Ratio (R:R): ~1:2
Technical View:
🔸Price has bounced from a demand zone and successfully retested the breakout area.
🔸A series of higher highs and higher lows indicates an uptrend.
🔸Short-term moving averages are aligned positively.
💡 Trading Plan:
Buy at ₹200 with SL at ₹198. Target ₹210+, and trail your SL if momentum stays strong.
🔗 Related Post: 🔥 “You Won’t Believe What Bitcoin Did TODAY!” 🚀
📊 Summary Table – Swing Trade Watchlist for 16th August
| Stock Name | Entry Price | Stop Loss | Target 1 | Target 2 | Risk-Reward Ratio |
|---|---|---|---|---|---|
| GMRAIRPORT | ₹91 | ₹88 | ₹97 | ₹99.47 | ~1:2 |
| ASAHIINDIA | ₹828 | ₹810 | ₹860+ | — | ~1:1.8 |
| LTF | ₹200 | ₹198 | ₹210+ | — | ~1:2 |
🛠 Pro Tips for Swing Trading Success
🔸Always Define Your Stop Loss – Protect your capital first, profits will follow.📈 Why Swing Trading Works in the Indian Market
Swing trading works well because:
🔸The Indian market has clear price patterns.
🔸High retail participation brings strong momentum in breakouts.
🔸Volatility offers multiple entry and exit opportunities within weeks.
🏷 Tags:
#SwingTrading #StockMarketIndia #NSEStocks #SwingTradeSetups #PriceActionTrading #IndianStockMarket #SwingTradeIdeas #StockMarketNews #GMRAIRPORT #ASAHIINDIA #LTF
⚠️ Disclaimer – This is for educational purposes only. Always do your own research before investing.