MAKARAND_CHOTHE

MAKARAND_CHOTHE

NIACL is showing good upside strength with positive divergance with RSI. NIACL is taking support at March 2020 levels. Hence long term players can also accumulate from this level for much higher target. For Swing BUY only above 83.6 for a target of 100-102 with an stop loss of 80 - 79.5 levels.

MAKARAND_CHOTHE

PAGE IND is showing positive divergence with RSI and also falling parallel pattern. The stock can show a good price movement above 44000. Can look for target around 50000 with a SL of 43000

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Astral is spotted for Swing trading as it is showing positive divergance with RSI. Above 1700 levels it can show a good volume supported breakout. Above 1800 it can go upto1955 levels. Check chart for more details.

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Retracement shown at 0.382 levels on a hourly chart. Supertrend also positive. Bounce is expected till 3305 levels for swing trading. Stop loss near 2920.

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Currently trading at 372. Forming a head and shoulders and also a W pattern on daily time frame. Can buy or go long for a target of 441 - 475 for swing trading. Stop loss near 350. Trade at your own risk.

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Trent has made tripple bottom and trading nicely in demand zone. Can buy at this level for a target of 1147 in SWING and 1280 for ST. SL at 4- 5% down.

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Sagar Cements looks good for Swing at CMP. Price has crossed 50 EMA on daily time frame and 50 and 200 EMA on hourly time frame. It has made a double top pattern in the past if it crosses then it might give a nice breakout. Can buy for SWING with a SL of 250- 240 and Target price of 288 for swing and 318 for ST.

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After testing to 200 EMA on a daily time frame. Bounce back is seen crossing 50 EMA supported with good volume. Buy with a stop of 588 and target of 697 on closing basis.

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Stock has shown weakness in price but no major volume selloff. We are bullish in this stock. If bounce shown from here then inverted head and shoulders pattern confirm.

MAKARAND_CHOTHE

Expecting a sideways trend for few days in the range of 706- 670. 616 is the major support zone. Above 727 we could be able to see a major upmove in axis bank.

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Ashok Leyland posted negative results in sept 2021. Hence the stock is showing weakness and huge selloff. If no bounce is shown from 117 levels then the view is not valid. Above 122 we can see a small upmove in the stock till 140.

MAKARAND_CHOTHE

Polyplex is in our watchlist to buy for SWING trading. Waiting for the dip till 1775 levels. Will publish new charts on dip.

MAKARAND_CHOTHE Updated 

Retraced from 38.2% levels with good volume. Also tested 50 EMA. Expecting a good upmove in this stock. Above 1210 this stock should shoot up. Entry 1210 with SL of 1100 and target anything near 1450 levels.

MAKARAND_CHOTHE Updated 

After a pull back from 0.786 fib retrancement target achieved at the extension. Now again testing 0.618 fibo levels, above this expecting a good upmove. Entry above 790 SL near 770 and target near 900 levels.

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Consolidating and testing 50 EMA multiple times, this will give a good upmove in coming days. Good buying also seen yesterday. Entry near 2850, with a Stop loss of 2750 and target near 3000 - 3050.

MAKARAND_CHOTHE Updated 

NIFTY FUTURES Chart SL - At Point X (17460) Target - 18348 - 18586

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Almost making a CRAB Pattern on the charts. Bullish on this stock for swing trade. Trade with strict Stop. Entry, Exit and Stop loss levels shared on the charts.

MAKARAND_CHOTHE Updated 

Huge selloff seen today (and in past few days) in NIFTY taking down nifty below 17900 levels ABCD pattern observed. NIFTY FUT can bounce from 17813 levels and can come near 18400 - 18600 levels in coming days. NOTE: View not valid if nifty fut closes below 17800 on daily time frame.