๐ Top 2 Swing Trade Stocks for Monday, 11 August – KARURVYSYA & DCMSHRIRAM ๐๐ฅ
Swing trading is all about catching short to medium-term moves in stocks with the potential for strong upside while controlling risk. ๐ In this article, we’ll discuss two hot swing trade setups for Monday, 11 August – KARUR VYSYA BANK LTD (KARURVYSYA) and DCM Shriram Ltd (DCMSHRIRAM) – based purely on price action, support levels, and technical analysis.
1️⃣ KARURVYSYA ๐ฆ – Bullish Hammer on Support
๐ Trade Setup
๐ธEntry Price: ₹265.50๐ง Technical Analysis
The daily chart shows that KARURVYSYA has been in a strong uptrend since April, forming higher highs and lows. Recently, the price pulled back towards the ascending trendline support, creating a Bullish Hammer candle – a sign that buyers are stepping back in.
๐ The price also bounced from a previous horizontal support zone, adding confluence to the setup.
๐ Volume Analysis – The hammer candle had slightly higher volume compared to the previous day, showing buyer participation.
๐ก Related Post: ๐ IPO Mania 2025! Most & Least Subscribed IPOs This Year – One Got 210x Bids! ๐ฑ๐
๐ฏ Trading Plan
๐ธEnter near ₹265.50 after confirmation on intraday charts.⚠️ Risk Factors
๐ธA break below ₹256.50 could lead to deeper correction toward ₹248.
๐ธAvoid chasing if the price gaps up too high; wait for a retracement.
2️⃣ DCMSHRIRAM ๐ญ – Support Zone Reversal
๐ Trade Setup
๐ธEntry Price Zone: ₹1350 – ₹1360
๐ธTarget 1: ₹1405
๐ธTarget 2: ₹1440
๐ธStop Loss (SL): ₹1320
๐ธReason: Price reounded from a major support zone after consolidation.
๐ง Technical Analysis
DCMSHRIRAM recently tested a strong horizontal support zone near ₹1320–₹1330, which has acted as a demand zone in the past. The stock formed a reversal candle on this zone and closed near ₹1352.30, signaling potential upward momentum.
๐ Why this is important:
๐ธThe support zone coincides with previous breakout levels.
๐ธThe stock has been consolidating after a massive rally in July, which could be a healthy pause before the next move.
๐ Volume Analysis – The bounce was accompanied by a slight rise in volume, which could indicate accumulation.
๐ก Related Post: ๐ฐ 487 เคे เคเคธเคชाเคธ เคฎिเคฒ เคฐเคนा เคนै Jackpot Swing Stock – RHIM for Tomorrow 21st July
๐ฏ Trading Plan
๐ธEnter between ₹1350–₹1360, keep SL at ₹1320.⚠️ Risk Factors
๐ธIf the price breaks and sustains below ₹1320, it could slide toward ₹1280.๐ Swing Trading Tips for This Week
๐ธAlways trade with a fixed stop loss – capital protection comes first.๐ก Related Post: Traders, These 7 Stocks Could Make You Rich by Tomorrow!
๐ Final Watchlist for Monday, 11 August
| Stock | Entry Price | Target 1 | Target 2 | Stop Loss |
|---|---|---|---|---|
| KARURVYSYA ๐ฆ | ₹265.50 | ₹277.77 | ₹283.50 | ₹256.50 |
| DCMSHRIRAM ๐ญ | ₹1350–₹1360 | ₹1405 | ₹1440 | ₹1320 |
๐ Disclaimer
This article is for educational purposes only and not financial advice. Markets are risky, and past performance is not a guarantee of future returns. Always do your own research before investing or trading.
๐ข Tags:
#SwingTrade #StockMarketIndia #SwingTrading #TechnicalAnalysis #PriceAction #NSEStocks #KARURVYSYA #DCMSHRIRAM #TradingTips #StockMarketNews #SwingTradingSetup #MultibaggerStocks #TradingPlan
