Trade Happiness with Jatin Sharma

SHORT TO MEDIUM TERM TRADING PICK

DISHMAN CARBOGEN PHARMA
NSE CODE- DCAL

BUY ON DIPS BETWEEN 145-150

ADD MORE NEAR 135-140

NEAR TERM TGT- 170

Medium to long term TGT is 200

HAPPY TRADING

REGARDS..
Jatin Sharma

NALCO

Both Ist and IInd TGT 🤑🤑🤑🤑🤑🤑

ENGINEERS INDIA LTD.

SECOND TGT OF 131 ACHIEVED TODAY

Short to Medium term Investment

Faze Three Limited

Cmp- 405

Upside potential is upto 10-15% minimum from here.
SL- 390

Analysis

China-plus-one theme: Post the imposition of tariff on Chinese textiles and the supply-chain disruption during Covid, the need to diversify the supply base is gaining currency. This “China plus one” trend has led to demand shifting towards India. Walmart committed to triple its sourcing from India. This trend should favour domestic players like FTL in value-added textiles.

Castrol india made high of 134 today.

Todays SWING TRADING PICK

BUY CASTROL INDIA AT 125
SL 122
TGT 1 - 130
TGT 2- 137
FINAL TGT 142

Stock name: NFL

Pattern: Rounding bottom

Time frame: Weekly

Observation:

The stock has broken out of the rounding bottom pattern.

Once the stock breaks out of such a pattern, the stock travels a distance equal to the difference between the neckline and the bottom of the rounding bottom pattern. Since this is a weekly time frame, it is usually perceived that these positions can take many weeks / many months of time to move.

As there is weakmess persist in the Global market and in indian market too. We will n9t be trading anything till market stabilises. Jiski jo bhi position hai ise hold rakhiye kyoki aaj nahi to kal market phir upar aayega.

Haan agar aur neeche jata hai to kuch stock me buying opportunity ban sakti hai. Jaise hi aisi koi pick aati hai bata dunga.

Till then hold your hard earned money.

Indusind Bank

Buy at CMP

TGT 1280

SL- 1120

Analysis-
Stock has been trading in a range between 1100 and 1280 for 6 month. Recently it has broken down lower level of range but again entered in to range.
So stock may retest the upper range of the channel.

Swing trading pick:

BHEL

BUY-CMP

Tgt 1- 85

Tgt 2- 98

SL-75

Analysisi-

BHEL has broken out from its multi level resistance of 77.
Also showing a breakout of falling wedge pattern.

Trade accordingly

ARVIND LTD. first tgt od 92 is achieved. 10% in just 3 days

One can buy Bank Nifty 41200 PE at 130 level. Tgt for the day is 200 and SL will be 100.