Hi Nagendra,
For Swing Trading I Would Recommend The Following Few, You May Adopt Whichever You Are Comfortable With:
a) If The Whole Candle Including The Wick Closes Above 20 EMA For Long & S/L Should Be If 70% Of The Candle Body Is Below The 20 EMA.
b) Second Strategy Is To Go Long 20/50 SMA Crossover, Where 20 MA Has Crossed Over To The Upside Of The 50 SMA
c) Third Strategy Is Go Long On 5/6 SMA Crossover
d) If Following Candlestick Pattern Then You Will Be Familiar With Bullish Engulf & Bearish Engulf Patterns.
e) Another One Is Based On BB If The Lower BB Is Pierced Followed By A Green Candle Immediately....For Long & If Upper BB Is Pierced Immediately Followed By A Red Candle To Go Short.
Happy & Safer Trading
SavantGarde