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
JSPL has doubled since its july low. Risk reward is poor on fresh longs Longs might want to exercise caution here. More of a long exit than shorts For buyers, better levels should emerge with time
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
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
SPX is at the upper bound here Shorts may be tried (positional ) between here and 4110 SL as per your appetite
Eicher potentially deep into an ABC corrective. The 5th wave of the C looks extended. If counts correct snap back will be sharp Can Try longs hereon, do manage your stops
USOIL is at some major trendline and indicator based support zone. Worth looking for longs here around 85.4 SL 84.2
Crude is at this trendline. Was stopped out of earlier trade around 84.2 This still looks like a bottoming structure. Fairly maddening moves last couple of months
Stock has reached multiple support parameters Good risk reward on longs here. SL on hourly close below 3600
50% rally from the june lows. Stock is overdone. Longs should book out here Aggressive traders may scale in shorts