Ticker

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How To Trade : Bank of India, Force Motor, Cochin Shipyard, Cosmo Films, zee media, Welspun Corp, Zota Health, V2 Retail

Following are my chart studies for next few days, you can use these studies as per your risk appetite and advise by stock advisor. If you are interested in learning you can contact at 

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Zota Health : 

Stock was in downtrend for last 3-4 months but now looks like taking support around 285-300. Stock has also completed 50% retracement of entire previous rally from 137 to 448. On Friday stock made bullish engulfing candlestick pattern with double bottom formation. One can add here and more above 330 for short term target of 345-50 to 375 with stop below 300


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ZEE Media : 



Stock was recommended yesterday on Tweeter and closed at UC. Still the stock is looking good for short term targets of 20 and above while stoploss can be placed at 16.25 


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Welspun Corp 
Stock is in continuous uptrend since April, 2020, and during last week stock moved 20%. Still it is looking good and can be added for 195 and above that 216-30-42 with stop below 175. 



V2 Retail


Stock was in downtrend for last few months, but for last one month stock is getting some support around 138-45. One can add till stock is above 154 for 170-72 to 190-240 with stop below 147.


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Bank of India

Stock is looking good on daily as well as weekly charts. Stock is getting support around 45 and can be added keeping stoploss below 45 on closing basis. Add for 50-54 to 61


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Cochin Shipyard 


Stock is looking good for 8-10% move in coming days, stock has good support around 398-95 while stop can be placed below 390.




COSMO Films

Stock is trading near trendline resistance, once trades and sustains above 1800 you can expect 1900-2100-2250 in coming months. Stoploss can be placed at 1730





Force Motors : 



Stock was in downtrend for last few months and took support around 975-1000, recently stock made double bottom on daily/hourly charts which is a bullish sign. Add if sustains and closes above1110 with target of 1150-1200-1230-60-1300. Stock has support around 1060-50.