jatin_agarwal

jatin_agarwal

Domino's is down today due to the CEO resigning, I feel this can be a good opportunity to buy this stock at current levels.

jatin_agarwal

Lal Path labs has created a textbook morning star pattern and one can look to add for first target of 2750 and then the profits can be trailed. The stop loss is marked which is a very big support.

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Avadh Sugar has given a good solid breakout. keep a deeper stop loss at 400 and the first target should be 510 and then we can keep 510 as a trailing stop loss once the stock crosses that zone.

jatin_agarwal

A few days back I had posted a chart saying that since the channel in which Power Grid was moving has been broken, one should avoid/exit/short sell this. However, the stock has rebounded very very sharply and with the recent rally in energy, looks to gain further if the current level of 218 is broken. Hence, one can go long if the resistance is broken. The...

jatin_agarwal

Fine Organics has given a breakout at All Time High even in this market. Keep a stop loss at 4088 and go long in this counter. Giving targets at this stage look premature due to the current situation in the market. However, one can expect decent gains in the medium term (~3 months) if the current levels are held.

jatin_agarwal

While looking at the chart of Abbott India, it does feel like the bottom has been made. keep a stop loss at 16,000 and go long with a target of 19,500. It is a fundamentally strong stock and hence, I do expect a bounce in this one.

jatin_agarwal

Like a lot of stocks in this correction and volatility, Power Grid has broken its long term support line. It is a SHORT/SELL. A Lower Top formation would give a clear sign of how long this correction can be. If however, the chart bounces back above its channel in the next 2-4 trading sessions, there might be some respite.

jatin_agarwal

Astral has come back to its long term support and should rebound from here. Like a lot of stocks, I feel the bottom has been made here as well. One can accumulate it at the current levels of Rs.1940 for long term investing.

jatin_agarwal

I have marked the immediate support zones for Nifty Small Cap Index that has been hammered by the markets.

jatin_agarwal

HDFC AMC is one of the stocks where I feel a bottom has been made and there should not be any further correction. Accumulate for long term.

jatin_agarwal

LTI also looks like a counter where the bottom has been made. One can accumulate for long term. Bottom fishing level is clearly marked.

jatin_agarwal

LTTS is likely to reverse from these levels. Looks like the bottom is in place. I have clearly marked the level for bottom fishing in this counter.

jatin_agarwal

A massive breakout rally should begin in Jindal Steel and Power soon. It is a triangle pattern breakout and even horizontal trendlines are broken. Keep a strict stop loss at Rs.420 for targets of Rs.500-545-605 in the short to medium term. A decisive and strict stop loss is necessary in metal stocks as they tend to reverse sharply and are very cyclical in nature....

jatin_agarwal

Cholamandalam has given a big breakout above all time high and should be an easy pick giving 20% plus returns in the coming trading sessions. Stop Loss at 660

jatin_agarwal

OnMobile has given a massive breakout on the weekly levels and one can keep a stop loss at Rs.145 and the targets can be at Rs.190, once Rs.190 is crossed then we can see much much higher levels. Very clean chart but it might test patience.

jatin_agarwal

Maruti Suzuki has given a big breakout in this dull and bearish market. Buy for a Target of Rs.9300 and keep a deep stop loss at Rs.8200 due to the increased volatility.

jatin_agarwal

Bitcoin has broken a crucial support zone in this crypto crash. BTC should take support at $30,000 which can be a good accumulation zone. Avoid buying at every level and focus on price action.

jatin_agarwal

Indian Power and Energy sector is in a bull run of its own and we are seeing several stocks in this sector that are performing well. IEX also looks really good with a wedge formation. Wedges are essentially neutral patterns made up of a resistance and a support line. Breakout on either side should enable you to take a position. Since this particular stock and the...