The Nifty just flexed.
A clean 1% jump on Wednesday. Closing at 24,021. Banks roaring. IT humming. Crude cooling below $70.
And suddenly, the chart whisperers are back at the mic. 🎤
Amol Athawale of Kotak Securities has dropped his short-term hit list.
Three stocks. One to two weeks. Tight stop-losses. Crisp targets.
Not buy-and-forget. Trade-and-watch.
The multiplex giant has been bruised. Then quietly, it reversed off a key demand zone.
On the daily chart? A rounding bottom forming. RSI nodding along. Bulls warming up the popcorn.
Above ₹955, the script stays bullish.
This one already ran hard. Now it's catching its breath.
But here's the tell — it's consolidating above its short-term moving average. Classic bullish continuation setup.
Hold ₹490, and the uptrend resumes. Break it… and bulls bail.
For weeks, it went sideways. Boring. Range-bound. Traders yawning.
Then — breakout. With volumes. Higher bottoms stacking up like floor plates on a luxury tower.
Above ₹1,690, the building keeps rising.
Athawale's read on the index is just as sharp.
👉 Above 23,900 → rally extends to 24,150–24,200.
👉 Below 23,900 → expect a retest of 23,800–23,750.
The macro tailwinds are real:
The one wildcard? A weak monsoon. Too early to call its damage.
Three stocks. Three stories. One playbook.
A cinema chain mid-reversal. A housing financier mid-pause. A realty heavyweight mid-breakout.
Short-term trades aren't about conviction — they're about discipline.
Know your target. Honour your stop-loss. Don't fall in love with the chart.
That's the entire game in one line.
That's all for now!
