Potentially a bearish divergence setup is emerging in TVS Longs should watch out. Stock is anyways a major outperformer and there is better value elsewhere in mkt
10-11% dividend yield. Prices in 60usd WTI Few value stocks available in mkt. This is one of them
Longs can be tried on Shree for a counter trend bounce SL can be 2-3% away from trendline
Fresh long generated in last couple of trading sessions CMP and any dips should be buying opportunity SL 1740
MNC co. PE around 10x. Good dividend yield / policy More of a fundamental buy but RSI structure looks very positive
Tata steel - bulls may want to wait patiently a bit longer Expecting a rally towards 1110, then decline towards 950
Strides is on the edge of breaking out of this mega wedge Next few sessions will give clarity. On watch for longs
Zydus reversed downtrend in force since Jan 19th Longs can be tried. Conservative SL 351. More liberal SL 334
Tata communication corrected almost 40% from the top Decent RR on longs here. SL 945
Pharma seeing some renewed interest on Monkeypox fear mongering Close to trendline. Long with SL 4070
Upper end of the trendline comes around 286 and rising If it gets there, longs may want to exit
Aurobindo likely to move higher in a wave C according to this wave count Look for to accumulate into any further weakness. SL point 0 of wave A
The parabolic curve on DXY stands broken. Bears have a chance to take it down Move below 102.4 should see accelerated downside. If happens you can expect relief in risk assets, commodities, EMs
Assumed EW structure on DRL is bullish The decline is on low volumes. SL will be recent swing lows around 3600
Likely gann Fans on Aurobindo Major support nearby. Good RR for longs here
Stock broke out of LT downtrending curve Cheap on valuations (invest in Britannia is huge)
The recent bounce from around 3600 corrected to 50%. Stock has tried to hold that. if held, next wave should target 4800+ zones and fast. Buy
Stock broke downtrend and is adding momentum. Moving averages have given positive crossover