Many charts are looking Bullish but bottom is not yet formed so better to be cautious if Trading

It can take few weeks/months to form Base & Than only can see upmove

Follow strict SL &
Keep booking Profit On Time for Traders

Focus on stock specific Approach - as per Earnings,Growth & Macros

For investment Focus on Quality,Earnings & Best to add on SIP

Only on close above 16200 we can see sustained upmove,Till then it's just pull Back Rally

Though Nifty has rallied from 15184 To 15800 - 15850 zone

RESISTANCE- 16000/16200

https://wealthcreatures.com/2020/04/06/sterling-wilson-solarsws-new-ipo-from-shapoorji-pallonji-group-and-khurshed-yazdi-daruvala-available-at-90-discount-to-ipo-price/

SW SOLAR

Had a Great Run up from 84 To 509 💚

Now again available at Almost 45% off from ATH

Cmp - 291

Good To add on dips in sip

Aggressive Investors- 230 To 240 zone

Safe players - 200 To 225 zone

Test Levels- 500/755/1000+

TF - 24/36/48 Months

S/L - 160 on cbsl

Immediate support on Nifty @ 15700/15650 zone, only on close below that wld open more downside or else can trade in 200 to 300 points zone for this week

MFL

1350 💚

Polyplex corporation

2372

NAVIN FLOURINE

Our Conviction pick for pure Delivery

We are Not breaking Support that's Good

Nifty lows @ 15688

Can we see +ve close

Auto Ancillary on upmove

NIFTY

Recovered almost 160 points from Days Low

Now Nifty almost flat @15850

PRAJ INDS

Showing Resilence

Not going Down in Deep Red mkts

Need to watch Q1 very closely

Can shoot up if Q1 Numbers are Good

HOPE THIS MIGHT HAVE HELP

Nifty @ 15526

Strong 💪 support @ 15400 - 15300 zone

Superb comeback By bulls

Can July Month belong to Bulls??

15400 - 15450 support

15900 - 16000 zone Resistance

As of now Nifty stuck in 400 To 450 points Band

Deepak Nitrite

Plant To start working Gradually

Closure Notice Revoked

TIME TO LOOK AT DMART AGAIN

Corrected from 5900 To 3150

Now @ 3389

Strong support@ 3000 zone

Few Important Updates

🔅CrudeWTI@ 108$ Consolidates around 110$ Since last Two Months.

🔅U.S. 10Y Bond Yield Slipped Down Over -11% Last Week @ 2.889; Lost Over -17% in Three Weeks

🔅Dollar Index tested highs of 105.440 Before Slipping Down Again to Current 104.80$

Just an observation :

Day starts with U.S markets & UK futures in Deep Red

Nifty Opens in Red and Than Gradually Recovers

By mid afternoon UK gets in green and US also starts recovering

All Dips in Nifty Getting Buyout

If we close Today also in Green than this might be 5th Consecutive Green Candle on daily basis

Base Building Process in progress

Are Bears 🐻 Getting Trapped??

ITC

Fresh 52wk HIGH 292

MFL

Cmp - 1340

This time shld close above 1361 in this week

Next Resistance 1415/1460

Above that Shld See ATH

MFL CROSSING 1361

Now at Days High @ 1376

PRAJ INDS

Strong Base formation in process for Bigger upmove

Just need to give 2 - 3 - 4 Years of Time patiently