Dev Motwani

Active equity trader | 22 years old | Swing and positional trades | I share charts and my personal views only

[Dev Motwani @DevMotwani22]

#ZENTEC (W) - One defence stock definitely worth having in your PF for the next few weeks/months.
Given a clear breakout from a long symmetrical triangle, and currently taking support atop the Ichimoku cloud.
IMPULSE MOVES can begin anytime💥

#ZenTechnologies

[Dev Motwani @DevMotwani22]

#PremierExplosives - Gave it to you when nobody wanted it, right after multiple red candles at the retest zone.
Now everyone on Twitter will start chasing and posting about it.

If you bought at 630-640, you have an insane Margin Of Safety and can ride the stock stress free.

[Dev Motwani @DevMotwani22]

ONE POSITIONAL SETUP THAT HAS CAUGHT MY EYE - #PremierExplosives 🧨

Broke out of a long base with good volumes, now trading near the retest level and 10EMA.

Seems good to add between 630-680, for a new ATH within some months.
Structure breaks below the blue line.

[Dev Motwani @DevMotwani22]

#SBCL (D) - Stock is in a strong uptrend/momentum phase.
Previously reversed from its 21EMA to create new highs, now again giving a similar reversal from there.
Good opportunity to enter in this current pullback for 15-20% in short term.
CMP - 725 #ShivalikBimetal

[Dev Motwani @DevMotwani22]

ONE PENNY STOCK THAT CAN BECOME 2x-3x IN THE NEXT 1 YEAR🤔

The monthly chart of #GTLInfra is looking very interesting.
Do note I’m saying nothing about the company and its history, just what I see on the charts.
Not a BUY/SELL reco, extremely high risk company - DYOR.

#GTL

[Dev Motwani @DevMotwani22]

Quick take on #Nifty -

POSITIVES are that all gap ups are being filled immediately, and not left open to revisit in the future.

NEGATIVES are that every significant up move is coming via gap up, which makes it hard for market to follow through as gap has to be filled.

[Dev Motwani @DevMotwani22]

@stockspicker_ Small caps will not cross that line so easily…

[Dev Motwani @DevMotwani22]

#OLA - Recommended at 41 recently, made a high of 49 and now giving another chance to accumulate between 42-45 levels.
Stock gave a successful breakout and begun a new HH-HL structure, which is now being retested.
Keep an eye for a reversal from the 10/20EMA in #OlaElectric 👀

[Dev Motwani @DevMotwani22]

#OLA - The masses will call it another dead cat bounce, but the charts are quietly showing something else.
On the weekly TF, the stock is on the verge of crossing its previous swing high, something that it has always failed to do so since listing.
Keep an eye on #OlaElectric 👀

[Dev Motwani @DevMotwani22]

#OLA - Up by 10% today✅

Like I said, trend is changing on charts and the important level of 42-43 has been crossed.
All the people abusing it today and calling these moves dead cat bounces will buy in extreme FOMO tomorrow.
Just remember who called it early😊
#OlaElectric

[Dev Motwani @DevMotwani22]

#OLA - The masses will call it another dead cat bounce, but the charts are quietly showing something else.
On the weekly TF, the stock is on the verge of crossing its previous swing high, something that it has always failed to do so since listing.
Keep an eye on #OlaElectric 👀

[Dev Motwani @DevMotwani22]

@ArindamPramnk I am not talking about those stocks. I myself made money in Apollo and holding premier explosives at the moment for a momentum trade because the setup is just too good. The biggies GRSE COCHIN and MAZDOCK are lagging despite no red flags or concerns. These should lead

[Dev Motwani @DevMotwani22]

@arc1471 Sadly it won’t be much fun. Too extended and RSI won’t let it give a good run up again

[Dev Motwani @DevMotwani22]

ONE POSITIONAL SETUP THAT HAS CAUGHT MY EYE - #PremierExplosives 🧨

Broke out of a long base with good volumes, now trading near the retest level and 10EMA.

Seems good to add between 630-680, for a new ATH within some months.
Structure breaks below the blue line.

[Dev Motwani @DevMotwani22]

Like I said, nothing will happen until we are below that trend line resistance.
Longer we stay below it, longer our PFs will stay turbulent and sideways.
#Smallcap250 #NiftySmallcap #Nifty50

[Dev Motwani @DevMotwani22]

#SmallCap250 - Zoom out and it's very easy to understand why smallcaps are still not able to move up with all their firepower.
If we want to see a fresh bull run emerge in smallcaps and our PFs, we need to take out 17500 and break out of this falling trend line.
#NiftySmallcap

[Dev Motwani @DevMotwani22]

#OLA 👀
Everything is seen on the charts first, news follows.
Flow of good news has started for #OlaElectric, let’s hope market provides some support so the price action of the stock can do its thing.

[Dev Motwani @DevMotwani22]

#OLA - The masses will call it another dead cat bounce, but the charts are quietly showing something else.
On the weekly TF, the stock is on the verge of crossing its previous swing high, something that it has always failed to do so since listing.
Keep an eye on #OlaElectric 👀

[Dev Motwani @DevMotwani22]

@syedbahjatr Why would I care about money or PR or customers when I’m literally talking about price action and technical analysis???

[Dev Motwani @DevMotwani22]

#OLA - The masses will call it another dead cat bounce, but the charts are quietly showing something else.
On the weekly TF, the stock is on the verge of crossing its previous swing high, something that it has always failed to do so since listing.
Keep an eye on #OlaElectric 👀

[Dev Motwani @DevMotwani22]

#SmallCap250 - Zoom out and it's very easy to understand why smallcaps are still not able to move up with all their firepower.
If we want to see a fresh bull run emerge in smallcaps and our PFs, we need to take out 17500 and break out of this falling trend line.
#NiftySmallcap

[Dev Motwani @DevMotwani22]

@stocky725 It will

[Dev Motwani @DevMotwani22]

#IDEA has successfully closed above 12.6 in May, which was the much needed monthly closing level.
This confirms a monthly breakout from the Ichimoku cloud, an event that has not occurred since the listing of this stock.
Stay ready for the months to come🚀🚀🚀
#VodafoneIdea #VI

[Dev Motwani @DevMotwani22]

#IDEA on the monthly chart is breaking out of a thin Ichimoku cloud, something that has never happened before.
If it closes above 12.6 by end of May and sustains the monthly breakout, unprecedented things can happen in this stock.
Good times ahead #VodafoneIdea #VI

[Dev Motwani @DevMotwani22]

@___kaustubh ₹20 should come first. It’s a monthly chart so don’t expect it to be too quick