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Short ETH CMP $3718. Trading below 20 and 50 SMA. Low volume. Just like BTC. Resistance around $4200 area . It will soon test 200 SMA level or area. Short Target $3300 area .

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Short $ARKK CMP $93.86. $ARKK failed to maintain the momentum. Volume is drying. Did not make higher high. Expect it to fall to $85 area or further down. Holding near very important level of support.

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Neutral $ZEEL CMP ₹337.05. Trading in a channel. Resistance around ₹345. Support around ₹290. May bounce back from 50SMA level. Channel range ₹290-₹345.

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Nifty CMP 17511.30. Nifty had broken down the long term channel and formed bearish head and shoulder pattern. 17600 level area will act as resistance in coming days. Very important to maintain 16700 level, else it could see 15370 area early next year.

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Long $FIVE CMP $216.48. Tight consolidation of price. Trendline support continue. Earning expectation can move stock price up to $230 area. Zig Zag 20 and 50 SMA price action is a sign of range bound price action. 50 SMA about to cross 200 SMA also known as golden cross indicating further upside. Short term target $230 area. If price falls then stock could see...

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Long $LOW CMP $252.35. Good long term stock. Nice uptrend. Continuation will take price to $260-$265 area. Expect price consolidation after run. Gap up on recent earning report. Price may come down a little after reaching $260 area.

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Short $SPY CMP $436.58. Appears to be head and shoulder formation on daily chart. Rejected from long term trendline. Next support ~$420-$425

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Long $URA CMP $28.47. Hot sector. Very high volume yesterday. May test trendline support from break out. MACD turned positive. Forming cup and handle pattern. Price support ~$23-24. Resistance ~$28-29. Target $35. Stop loss ~$23 area. Risk to reward 1:1

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Long $JINDALSTEL CMP ₹446.50. Has tested resistance couple of times. Trading just above resistance. Existing resistance could turn into support. May test previous high soon. Target ~₹485 Stop Loss ~₹402

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Long $NFE CMP $31.17. Broke the channel with good volume but rejected at 200 EMA. Will take support at $30.71 Energy sector is hot and with earning expectation it may re-test $35 area . Price target $35. Stop loss ~28-29.

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$TTE CMP $49.64. Crossed that red line price mark recently but coming down and testing that support price. Which means that price pull back. Support stock price is $49.50 means more buyers are willing to step in if price falls down further or at that level. Recently 50 EMA price crossed 200 EMA which is good sign for stock. General indication is uptrend. Stock...

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Long $RVLN CMP $83.21. Nice uptrend. Support around $$75 area. Recent breakout from the support area. Stock has seen some good positive movement after recent earning report. MACD green but little fading, maybe due to recent market sell off. Taking support at 20SMA. Target $92 area.

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Short $RCL CMP $79.21. Heavily affected by Covid news. Recent lockdown news in EU dragging the price down. Stock price is below 200 SMA . $75 area may act as support but heavy selling may take further down to $65 area in near future.

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Short $ATVI CMP 73.03. Bottom of channel. 50 EMA crossed down 200 EMA. Clear downtrend. Taking support at $73. Interesting to see whether it can make upward move on earning expectations. Next level of support if existing support broken on daily ~$65-67. Resistance ~$82-84

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Short $ROKU CMP $315. Repeating Head and shoulder pattern from past. Potential downside target is $270-275 area.

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Long $DOCU CMP $271.16. Though trading below 50 EMA. I am expecting it to bounce back from $260-270 range to major Fibonacci support level $293. Watching price to reclaim 50 EMA. Fading negative MACD histogram. Possible Target $310

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Short $MU CMP $72.14. Failed to claim 50 EMA. Downtrend continuation. MACD histogram turning negative. Bearish Pennant pattern. Possible short target $58-60

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Long $ULTA CMP $369.84. Trading above 50 EMA. Uptrend continuation. MACD histogram was fading but I guess recent market volatility turned it to negative. Bullish pattern. Expect breakout soon. Possible targets $390 and $420