pratikp9881

pratikp9881

RSI IS SHOWING CONVERGENCE ALSO CAN CUP AND HANDEL CLEARLY SEEN

pratikp9881 Updated 

THE COMEBACK OF NIFTY INIDCATES NIFTY TO STAY MORE IN BULLISH STATE , HOWEVER THINGS ARE BIT COMPLICATED NOW , THE WEAK STRENGHT INDEX INIDICATES UPSIDE MOVEMENT, NOW THE QUESTION WHERETILL UPSIDE ON `1HR TFWE CAN SEE A TRENDLINE WAS BEING FOLLOWED FROM QUITE LINE THATS EXPECTING IT TO BE TARGET . ALL LEVELS MARKED ARE FIBONACCI BASED .

pratikp9881 Updated 

THE COMEBACK OF NIFTY INIDCATES NIFTY TO STAY MORE IN BULLISH STATE , HOWEVER THINGS ARE BIT COMPLICATED NOW , THE WEAK STRENGHT INDEX INIDICATES UPSIDE MOVEMENT, NOW THE QUESTION WHERETILL UPSIDE ON `1HR TFWE CAN SEE A TRENDLINE WAS BEING FOLLOWED FROM QUITE LINE THATS EXPECTING IT TO BE TARGET . ALL LEVELS MARKED ARE FIBONACCI BASED .

pratikp9881 Updated 

AXIS BANK UPWARDS MOVE ONLY FOR INTRDAY (21ST JUNE)

pratikp9881 Updated 

Tata chem UPwards MOVE ONLY FOR 21 JUNE BIT BUSY TODAY SORRY FOR NO DESCRIPTION

pratikp9881 Updated 

DIVERGENCE IS SPOTED AND CAN SE REVERSAL FROM LOWER LEVELS I.E 1336 TARGET IS OLD 1 HR TRNEDLINE ALSO LEARNT FROM A MISTAKE IN YESTERDAYS INFY IDEA (RSI BASED) And takrn care of that in this idea. levels marked are fibonacci based.

pratikp9881

TALK IS CHEAP LETS SEE RESULTS

pratikp9881 Updated 

WE HAVE SEEN A BIT REJECTION FROM 52 WEEK HIGH MADE TODAY I.E 16/06/2021 , THE SUDDEN RISE IN VOLUME AND WEAK RELATIVE INDEX ( BEAR DIVERGENCE ) SUGGESTS INFOSYS TO MOVE DOWNWARDS TOMORROW , SOME MAY CALL IT PROFIT BOOKING . WILL BE BEARISH TOMORROW ON INFOSYS , FRESH BUYING CAN BE A LITTLE RISKY . LEVELS MARKED ARE FIBONACCI BASED . ALSO CNX NIFTY LOOKS A ...

pratikp9881 Updated 

YESTERDAY I PUBLISHED IDEA THAT HDFC BANK WOULD SHOW UP WARD MOVE EXACTLY THAT IS WHAT WE WITNESSED IN TODAYS SESSION I.E 15/06/2021. IT OPENED ON FLAT NOTE AT 1474 AND WENT 1496 , THE TARGET IN IDEA WAS 1502 . SINCE THE CLOSING IS AROUND 1490.25 WE NOW SEE A BEARISH DIVERGENCE I.E THE HDFC BANK WOULD MOVE DOWNWARDS TOMORROW . I WOULD AVOID ANY BUY TOMORROW , WE...

pratikp9881 Updated 

TOMORROW I.E 15/06/2021 I EXPECT THE TREND IN HDFC TO BE BULLISH REASON - 15 TF RSI BULLISH DIVERGENCE SPOTTED AND THE LONG TREDLINE MARKED CAN BE TESTED IF BROKED WITH VOLUME CAN GIVE GOOD INTRADAY PROFIITS . MY LAST HDFC ANALYSIS WAS 100% BASED ON SAME THEORY PS: SORRY FOR MESSY CHARTS I NEED LOTS OF THINGS ON CHARTS IN ORDER TO MAKE FINAL DECISION

pratikp9881

THOERY / LOGIC - RSI CONVERGENCE CAN BE SEEN , PRICE IS DECLINING AND RSI IS INCLINED SUPPORT TAKEN FROM MAJOR TRENDLINE ON 1HR MARKET TREND - BULLISH TIME FRAME : 15,5 MIN