This week was hard to manage spread. 😅

Our take on market is, this recovery can be short covering.
From 2012 to 2022 track MMI takes double bottom and then we see fresh rallies.
MMI reading is improved yet not confirmed to take fresh buys.
We will wait for sentiment change.
Till then markets can be sideways for 2 weeks.

For reference

JBMA
Buy 500-520
Stoploss DCB below 490
Tgt 580-600-650

CCL
Buy 530-560
Tgt 700
Stoploss 470 WCB
Can wait for weekly confirm close, it should close abv 530.

Just found these trades strong so shared.!!

Nice trade, good to go. With WCB stop 770
Buy range 830-880.
Tgt open for 1000-1180.
WCB entry confirmation 850.

RCF what a recovery from retest zone 🔥❤️

See on weekly TF.
How every breakout failed, when MMI was at top.
This time breakout and MMI at bottom we getting breakout. This should move with market.
Buy range 180-200
Stoploss 150 WCB
Tgt 250-260

Chart update
INDOCO
Retested if close abv 400
Can be entered.
SL and Tgt as mentioned.

Back on track.
Tgts as mentioned after retest.

Back to normal. After retest up 7% today. 🔥🚀

After retest from 480 to 560. Up 16% in total, ❤️🚀

Can hold for first target of 600.

From same levels retest and bounce back. ✌🏻

JINDALSAW

Buy CMP
Breakout trade
T1 120 T2 130 T3 140

SL below 102 DCB

MOLDTKPAC

Breakout trade
Buy CMP
Target 1200
SL below 930 DCB

PNCINFRA

Breakout trade
Preferable and favourable risk reward at retest levels of 300
Will be open for targets of 350 and 395

SL below 275 DCB once buy is triggered

GICHSGFIN
Coming for retest
Can be entered around 215-220 levels
MMI also in comfortable zone

Tgt 285-350
Stoploss DCB below 209

One can book gains in PNB and go for GIC also.

Nice trade.
Buy can be 410-420
Stop DCB below 395
Upside 490-550