alphafound

alphafound

Sumitomo is taking 200 DEMA support. Also bullish engulfing seen on DTF. Good for long.

alphafound

Sanghvi Movers took support at 100 DEMA, gave a nice break out. Re-tested the BO level and moving up. Looks good for long

alphafound

Bosch is at an interesting level. 3 reasons: #1. Stock price is taking support at the fibo golden ratio. This level has acted as a strong support earlier. #2. Multiple attempts at breaking the TL from Feb 2021. A breakout from this TL has good RR. #3. 20 day EMA has just crossed 50 day and 100 day EMA along with good volumes.

alphafound

3MINDIA broke out of a falling channel and is re-testing BO level. If it sustains above 25000, could be a good candidate for going long. Volumes on the rise too. (For educational purpose only. Not a recommendation)

alphafound Updated 

After hitting a high of 1026 in mid January, the stock has retraced to 870 levels. Currently at a good support level, 50% Fibo level. Automotive ancillary sector is expected do do well in the forthcoming quarters, since Auto sector is seeing good demand. Weekly TF also indicated good support

alphafound

If automotive stocks are moving, auto suppliers cant be far behind. Upper TL is from Nov 2019. Stock has reversed from 61.8% Fibo and closed above 78.6% Fibo.If it holds above 13400, good for long

alphafound Updated 

Dish Tv rallied 25% in the week gone by. Could correct to 13 levels. Could be a positional buy

alphafound

Aarti Drugs is at a pivotal level. Taking support at 61.8% Fibo. Above 791, supported by strong volumes, can move up. Target of 800, 820