jatin_agarwal

jatin_agarwal

CBOE:SPX is at a very crucial zone. This is the old high and it is very important for this index to close higher if we want to see further momentum in the US markets. US Markets have not been in the strongest of moves recently and hence, it is imperative that some strength is shown here.

jatin_agarwal

NSE:XPROINDIA has given a strong breakout and is looking good at these levels. Keep a stop loss at 1100 and go long. Risk to reward ratio is very favorable as the stock has ended a long consolidation.

jatin_agarwal

NSE:FLUOROCHEM has given a double breakout! Firs tit broke out of its long consolidation in a triangle and then it took out another trendline which now gives us our stop loss. Keep stop loss at 3150 and hold this one. Chemicals are making a comeback.

jatin_agarwal

NSE:HCLTECH has given a strong breakout on weekly charts. This is another IT company that is looking strong. One can invest here with a stop loss at 1250. Go long.

jatin_agarwal

NSE:ZENSARTECH has given a clean breakout. The whole IT pack is moving and Zensar looks like one of the stronger companies out there. Buy with a stop loss at 560.

jatin_agarwal

On a day when major Indian Indices saw major rallies, Nifty 50 Equal Weighted Index grew over 9% in a single session! This shows the true strength of the rally that we witnessed today. In a traditional market capitalization-weighted index, stocks with larger market capitalizations have a more significant impact on the index's performance. In contrast, an...

jatin_agarwal

NSE:MAXHEALTH has given a clean breakout and a simple stop loss at 620 can be followed for this share. Fundamentally we can see Hospital Stocks doing really well (business) and the numbers are definitely translating into stock price performance.

jatin_agarwal

NSE:DATAMATICS has given a clean breakout and a stop loss at 660 can be followed for this share. It should do well over the next few weeks. It went under a strong consolidation and is now on the up-move.

jatin_agarwal

NSE:BOSCHLTD looks very good on monthly charts. Bosch is a bit complex because the ticket size is big and therefore, price movements can be erratic. So if the chart shows a clean breakout above current levels (20,700) one can go long while maintaining the current level as stop loss.

jatin_agarwal

NSE:BASF has given a solid breakout on weekly charts and investors and traders can look to buy this share with a stop loss at 2800 and target of 3640. Beautiful Chart Structure.

jatin_agarwal

NSE:ZOMATO continues to look strong and one can keep a stop loss at 114 and go long in this counter. The stock is in a good up-move. Zomato as a business is a duopoly and is now profitable as well. Looks good.

jatin_agarwal

NSE:ABBOTINDIA has been at this zone before, but this time there is a rally in the pharma sector itself. Keep an eye on this share at the current levels of 24,000. Any breakout above here can be a great opportunity to buy.

jatin_agarwal

Chemical companies are bottoming out and there are clear signs of reversals here. NSE:AARTIIND even after poor results gave a strong move. However, I would prefer to buy only when the lower high formation gets broken. In this case that is above the 535 level. Keep this and other companies of this sector on your radar. Can be an end to a big correction.

jatin_agarwal

NSE:MCX has given a very strong move and a big breakout on monthly charts. This breakout should not be ignored. BSE has run up significantly and NSE should list in the next 1-2 years. MCX is the undisputed leader in commodities trading in India. MCX is also fundamentally looking very strong with higher revenue coming in from Options Trading Contract.

jatin_agarwal

NSE:SENCO has given a fresh breakout and the revised stop loss here is 700. One can hold this share and I do expect this company to do well in the future. Very bullish share since listing.

jatin_agarwal

NSE:MARKSANS has given a triangle breakout on a shorter time frame. I am using 4h candles here as I believe this is the best time-frame to see this correction coming to an end. We can clearly see a clean breakout of the triangle. A stop loss can be kept at 110.

jatin_agarwal

NSE:INDOCO is forming a triangle and current levels are good for bottom fishing. Keep a stop loss at 310 and one can go long here, alternatively one can wait for a confirmation of breakout of the triangle.

jatin_agarwal

One can do Bottom Fishing in NSE:RAJRATAN at these levels. A stop loss at 720 can be observed. 850-860 would be the first resistance from here. Good risk to reward ratio. Go Long.