🚀 Top 2 Swing Trade Stocks for Monday, 11 August – KARURVYSYA & DCMSHRIRAM 📈🔥
Swing trading is all about catching short to medium-term moves in stocks with the potential for strong upside while controlling risk. 📊 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 🏦 – Bullish Hammer on Support
📌 Trade Setup
🔸Entry Price: ₹265.50🧐 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.
📍 The price also bounced from a previous horizontal support zone, adding confluence to the setup.
📊 Volume Analysis – The hammer candle had slightly higher volume compared to the previous day, showing buyer participation.
💡 Related Post: 🚀 IPO Mania 2025! Most & Least Subscribed IPOs This Year – One Got 210x Bids! 😱📊
🎯 Trading Plan
🔸Enter near ₹265.50 after confirmation on intraday charts.⚠️ Risk Factors
🔸A break below ₹256.50 could lead to deeper correction toward ₹248.
🔸Avoid chasing if the price gaps up too high; wait for a retracement.
2️⃣ DCMSHRIRAM 🏭 – Support Zone Reversal
📌 Trade Setup
🔸Entry Price Zone: ₹1350 – ₹1360
🔸Target 1: ₹1405
🔸Target 2: ₹1440
🔸Stop Loss (SL): ₹1320
🔸Reason: Price reounded from a major support zone after consolidation.
🧐 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.
📍 Why this is important:
🔸The support zone coincides with previous breakout levels.
🔸The stock has been consolidating after a massive rally in July, which could be a healthy pause before the next move.
📊 Volume Analysis – The bounce was accompanied by a slight rise in volume, which could indicate accumulation.
💡 Related Post: 💰 487 के आसपास मिल रहा है Jackpot Swing Stock – RHIM for Tomorrow 21st July
🎯 Trading Plan
🔸Enter between ₹1350–₹1360, keep SL at ₹1320.⚠️ Risk Factors
🔸If the price breaks and sustains below ₹1320, it could slide toward ₹1280.📊 Swing Trading Tips for This Week
🔸Always trade with a fixed stop loss – capital protection comes first.💡 Related Post: Traders, These 7 Stocks Could Make You Rich by Tomorrow!
📅 Final Watchlist for Monday, 11 August
| Stock | Entry Price | Target 1 | Target 2 | Stop Loss |
|---|---|---|---|---|
| KARURVYSYA 🏦 | ₹265.50 | ₹277.77 | ₹283.50 | ₹256.50 |
| DCMSHRIRAM 🏭 | ₹1350–₹1360 | ₹1405 | ₹1440 | ₹1320 |
🔍 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.
📢 Tags:
#SwingTrade #StockMarketIndia #SwingTrading #TechnicalAnalysis #PriceAction #NSEStocks #KARURVYSYA #DCMSHRIRAM #TradingTips #StockMarketNews #SwingTradingSetup #MultibaggerStocks #TradingPlan