Research Report: NSE CROMPTON, SJS, SHAILY & More

NSE CROMPTON: Selling Pressure Remains Strong

On the weekly chart, the CROMPTON is in a strong downtrend, respecting the falling trendline from the 500+ zone. The price has clearly broken below the key 330 level and the moving average, indicating weakness rather than consolidation. The current fall is the wave C of wave (Y) with a support level of 210 – 200. The overall trend is bearish to neutral.

After the completion of wave (Y), traders can long for the following targets: 305 – 362 – 408+.

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NSE SJS: Bulls Back in Control After Correction

NSE SJS is in a clear uptrend, forming HHs and HLs on the daily timeframe. The price has reclaimed and is holding above the key resistance-turned-support near 1830. Recent buying interest indicates demand returning after the correction.

If the price sustains above 1795, traders can long for the following targets: 1856 – 1910 – 1939+. Free subscribers can take the previous day’s low as an invalidation level.

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Shaily Engg: High-Volume Breakout Confirmed

NSE SHAILY has rebounded strongly from the 1800 demand zone. A high-volume breakout candle has cleared the 2120 resistance, showing fresh strength. Volume buildup confirms buyer participation. Holding above the breakout level can lead to further upside continuation. A failure to hold may result in a retest or short consolidation.

If the price breaks above 2120, traders can long for the following targets: 2260 – 2375 – 2490+. Free subscribers can take the previous day’s low as an invalidation level.

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DYNAMATECH: Volume Build-Up Hints Next Move

DYNAMATECH is in an existing uptrend, maintaining higher highs and higher lows. Price has formed a clear basing pattern, indicating accumulation after a correction. Recent candles show volume buildup, suggesting renewed buying interest. The stock is now moving toward the major resistance near 9,875. A clean breakout above this level can lead to trend continuation on the upside.

If the price sustains above 9167, traders can long for the following targets: 9,520 – 9,788 – 10,035. The price must confirm after the breakout due to the hard gap.

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