


Tata chem is at 50% retrace of the rally from june to october and also entering a support zone Worth looking for positional longs here. SL on close below 950
Crude has reached a potential resistance zone Sell between CMP (80.4) and 81 With SL 82 for lower levels
Natgas is mega oversold at the moment Seasonality is usually good in april Look to go long hereon. Either manage risk with SL or puts risk reward is good hereon
After decent correction, nifty is at a point that bulls will want to defend Let's see if they are up to it. Neutral view. If we take out the highlighted curve will get bullish
Silver has seen a sharp correction from the top around 24.5 Now approaching major support zone Accumulate between CMP and 20.4 SL as per individual appetite (around 20 for me)
PSU bank nifty had a high momentum 3rd wave that terminated around 4600 Since then it has corrected 20%+ in what is likely a 4th wave Accumulate the names in anticipation of a 5th wave that should lead to highs towards 5000 on the index Invalidation point for the wave count is red line
Brutal decline in Natgas Wave A=wave C. Momentum has crossed the signal line but price action is missing? Bears should be cautious hereon
Gold around 1930 now. Longs should be cautious Trendline can be moved around a bit, depending on which points you want to pick but the point is still that we are at a risk zone
OFSS - the bias is bullish. The waves can be labelled as 1, 2 done and early stage 3rd or an A,B done and C higher going on. SL 2980
Netflix had a turnaround qtr The gann fan structure suggests stock can move towards 350-375 over the coming weeks/ months
NR has fallen off the cliff vs DXY starting sep end and coming off some extremely oversold readings Overdone IMO. Expecting INR strength on mean reversion
Stck is trading close to its recent support Zone. Decent risk reward on longs here for a move towards 1550-1600
This would be the likely wave count (bullish) Redline is a must hold. below that other (bearish) options open up
Importance of 17780 for the bulls. This has been the support/ resistance indicator since the COVID lows. Minor breach OK, major not OK for the bulls. Expect bulls to defenc this
Manappuram is at a potential support zone With gold, silver close to recent highs expecting a decent bounce here Also good as a long term buy
Maruti - almost corrected 50% of the june - october rally and is at potential support zone Looking for a contrarian bounce here
Tata motors has a good long setup in the ST timframe. SL on close below 410 We can move towards 445 if it holds mentioned support
SPX is at the upper bound here Shorts may be tried (positional ) between here and 4110 SL as per your appetite