Trade Setup – MTARTECH, LODHA & DIVISLAB

NSE MTARTECH- Elliott Wave Projection

MTARTECH is still in an overall uptrend and is trading well above the 200-day average. The recent move looks like a correction after a strong rally, not a trend breakdown yet. The 2,300 – 2,350 zone is acting as short-term support, with buyers stepping in. The 2,550 – 2,600 area is a supply zone, so the upside may face resistance there. The trend stays healthy above 2,300, while a clear break below it can weaken the structure.

NSE LODHA – Unfolding Impulse

Lodha is in a clear downtrend, making lower highs and lower lows on the daily chart. Price is trading below the 200-day average, showing weak overall structure. The zone around 1,030 – 1,060 has acted as strong support, and buyers are reacting from there. As long as the price stays below 1,200 – 1,230, upside moves look like pullbacks only. After the breakout of the channel, traders can long for the following targets: 1240 – 1320 – 1435+.

We will update further information for premium members soon.

NSE DIVISLAB is Preparing for 7000

Divis Labs is trading above its 200-day average, so the bigger trend is still up. Price is stuck in a range near 6,500 – 6,650, showing hesitation and no strong follow-through yet. Multiple rejections near this level tell sellers are active, and buyers are not fully in control.

If the price sustains above 6530, traders can long for the following targets: 6690 – 6825 – 7000+. Free subscribers can take the previous day’s low as an invalidation level.

We will update further information for premium members soon.