This is how to identify buy candidates with perfect timing.
Perfect timing was the topic of my last weekend's market recap. It is therefore appropriate to post a new stock on that topic today, Monday.
This is an Indian stock - the analysis and CUE tools and techniques are the same for all other markets and countries. My aim, as always, is to explain the CUE tools and techniques - not to provide stock tips. This explains the tools and techniques quite well.
$SUPI.NS $SUPREMEIND (India)
This shows the stock level analysis across multiple dimensions. This is a potential 360 trade provided it can go up the next day and break the nearby daily Memory resistance trendline. This CUE analysis helps traders to find candidate buys and enter them with perfect timing, probably using a Precision Entry real-time chart. It could also be bought with an end-of-day chart, with the best daily chart timing.
However, as I mentioned in last weekend's market recap, the most important part of swing trading profitably is being right on the market and preferred trading direction. Indian market is at a very high level (at or near an all-time high depending on which market index you look at). That is not a time to go all out on buying - at least not for me. I would rather wait for a pullback. I am not, therefore, sharing as a buy candidate here considering the market level.
However, it is as good a candidate stock as you can find to buy the next day if your market view is bullish.
I have marked the snapshots and they are self-explanatory. If not, you may review the learning videos on my YouTube channel.