Bounce Back!

Shorts should be booked.

Nice na? Timing is everything

Even if it comes back down the premiums wont be the same,

Sky Gold Back Above Entry Price.

Sectoral Movement Today

IT Was the Hero of the day.

1. STAR HEALTH INSURANCE - Break out Retest Setup - Needs closing above 494 for confirmation

2. SCI - Clean Breakout of 243 Resistance, Needs Strong Closing.

3. SAGILITY - Clean Breakout of trendline Horizontal breakout above 47.50 Closing.

4. PPL PHARMA - Trend Line Breakout in formation Horizontal Breakout above 209.50

5. LATENT VIEW - Trend Line and Horizontal Breakout above 444

6. JK TYRE - Clean Break out of Trend Line and Horizontal levels, Needs closing above 402 424+ even better.

7. ERIS LIFE SCIENCES - Perfect Weekly Hammer formation on 50 W-EMA + Old Horizontal Level, Needs strong closing

8. CESC - Perfect Trendline Breakout, Horizontal Breakout above 183.

9. BIRLASOFT - RSI Divergence Now in weekly, Bottom Fishing Setup.

10. MAMTA MACHINERY - Trendline Support Bounce and All EMA Break out Setup, needs strong closing

11. WESTERN CARRIERS - 27 EMA weekly bounce setup now above all emas, needs strong closing.

Nifty is near ATH and Small and mid are not performing with strength. Will remain vigilant, buying will be conservative and with confirmation only.

We have already bought SKYGOLD this week so will see if anything can be added or just watch the weekly closing.

Good morning 😁