Stock Phoenix

IRB-Stock is holding the support area zones which is expected to pullback in the coming sessions. However any breakdown below can drop to test the previous swing low zones..

Today also Premium Erosion is happening across the board - Good to stay light on the Positions.

Track Indhotel 800 CE at 3 Levels. Risk at the zone of 2.50.

Indian Hotels : Look for the breakout in this counter above the Resistance zone.

PHYSICSWALLAH-This stock has given a reversal trendline breakout on our timeframe and is already up by nearly 8% for the day, which is a strong positive sign. If the momentum sustains, the stock may extend its rally toward the previous swing high. However, if it breaks below the support levels, there is a high probability of forming new lows in the coming days. Let’s continue tracking this stock closely.

JSL-Let’s track this stock as it is currently at the midway zone. We need to watch whether it takes support and reverses or breaks below the support. Any reversal from the immediate support area may pull the stock back toward the resistance levels. However, a breakdown below the support zone can push it further to the next support levels.

ITC-The stock is trading near the bottom support zone, where a reversal is likely. Since it is moving in a sideways range, it may once again bounce back toward the resistance levels. Keep this stock on radar for a possible upside move.

SYNGENE- Stock looks bearish on chart being in sideways stock once again mid way halted and looking to retest the support area zones. Lets keep radar for the coming sessions.

IEX 150 Moved to 4 levels from 2. First 2X for the month of December. Kudos to Masters.

Many are holding IEX 150 CE from 2 Levels since Friday.

IEX-Beautiful upside move stock is giving fresh breakout on cards keep radar.

First Position for the December Month has started. Stop Loss placed at 0.70. Planning to add some more quantity shortly once stock breaks the days low.

JMFIN-Rejection and stock dragging from the important levels

Track LTF 280 PE at 0.85 Levels. Risk at the zone of 0.70. Very limited Risk.

INDHOTEL-The stock was in a downtrend but recently showed some recovery and has given a trendline breakout. It is now facing immediate resistance, which is important. If it breaks above this resistance, it may continue its upside momentum. But if it gets rejected, it could retest the immediate support levels. Let’s wait for clear confirmation before participating in the move.

JMFIN-Track the momentum in this counter if it breaks above the resistance in today’s session, it can zoom toward the previous swing highs. But if it gets rejected, it may drop and retest the support area again.

Waiting for the first Position for the day.

IEX-A triangle breakout is expected soon in this counter, as it is attempting one in today’s session. We can focus on this stock for the coming days.

NCC-The stock is holding an important swing-low level. Any reversal this week or in the coming sessions can be a good short-term opportunity to join the rally, but we need a clear signal. However, any breakdown below this level can lead to further downside.

LTF : Look for the Retracement in this counter. Risk at the zone of Lifetime high.