DoublebassmaniawithPranav

DoublebassmaniawithPranav

I am posting a review after a while. I was looking into various books to see what pattern Nifty is making. THe Closest I got was to United Technology Price chart of 1992. The book is encyclopedia of charts and patterns. The CO. got merged and I could not find more details on its chart, but one picture in the book. But, after analyzing our own Nifty, I could...

DoublebassmaniawithPranav

One of the most fantastic metal catalyst shares which has a monopoly. Also 99% shares are not available to public. This pattern is my favorite broadening bottom pattern. We should see 500 levels very very soon. There is nothing but good things I have to say about this company. This is just a chart pattern discussion. Please trade your hard-earned money on...

DoublebassmaniawithPranav

Quite a fantastic week ahead of us. Looking at crypto weakness, I am assuming Bank Nifty to touch 36000. This should give opportunity for traders to go long at least till 37,000. Quite an interesting week ahead. I think this week does not belong to option buyers, but who knows. Make no mistake we are bank in Bull mode and Banknifty can is all poised to touch...

DoublebassmaniawithPranav

So, let’s not forget the great power crisis we were in just few weeks back. India did not have enough coal they said. Let’s not forget March starting AC will be running and we will need gigantic supply of power. Let’s also understand that everything else has ran up quite significantly and needs a breather. Coal India and NTPC have not run so much. Best time to...

DoublebassmaniawithPranav

Nifty is in a simple downtrend. Two Dots of Fibonacci can tell you the next target. Price Regression has given the top which Nifty has reached. If some new cash printing etc is done, then Price can break this regression channel otherwise I foresee significant selling till 15900. This is just a chart pattern discussion. Please trade your hard-earned money on...

DoublebassmaniawithPranav

New Virus scare - Not so much. Omicron Scare - Not so much. Strategic Reserve band aid approach - Not Working. Proper Cup n Handle Pattern on 4 Hours ? - Yes. Oil and markets to come back now - Possible! This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)

DoublebassmaniawithPranav

So, we all heard that they will be giving a major portion of children vaccine. I said let’s see the charts. Hmm... one hour there is a very good bullish positive divergence. But then how much movement we should expect. So, the blue line gives cup and handle target, and the two white lines are Fibonacci retracement on weekly gives the two white line targets....

DoublebassmaniawithPranav

Just a quick look at hourly timeframe, I think Nifty can touch 16700 quite quickly. Also, this is a good time to evaluate if you want to stay in markets for a long time with minimal returns. Road ahead is a bit broken full of surprises. In long term, or very long term, things should be obviously better, but I have a feeling markets are not for the faint hearted...

DoublebassmaniawithPranav

So DJI has reached its corona maxima. This is it. I do not see markets going up for a long time. This correction will be for a long and annoying time. If the red line is breached significantly then consider this failed and ignore. But it’s going down today or next coming weeks! Best of luck to all of us. This is just a chart pattern discussion. Please trade...

DoublebassmaniawithPranav

Thanks to a friend and mentor, I looked at this share. Iski term life policy toh maine bhi lee hai, Second wave main senti hokar lol Very large target of 4600+ This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)

DoublebassmaniawithPranav

Pretty simple Inverted HNS formation. I may have seen it in a YouTube Video, Not sure. So not taking full credit for this. But yea, looks like a good candidate to run. I think YouTube video was on Bandhan Bank. Note sure. May be this is original. lol This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock...

DoublebassmaniawithPranav Updated 

Simple broadening bottom pattern last noticed in Tata consumer. If Bears don’t kill the market next week / Month, Apollo Hospital is in for a very big move. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)

DoublebassmaniawithPranav

While this mad bull rally is on, while I am youtubing every single market crash video periodically, it doesn't hurt to think or a moment with the trend. So, what I observed every expiry, Nifty chart watching is a waste of time. Just Watch both Reliance and HDFCBANK on split screen. If either of them is giving a large move, that’s Nifty's expiry. So much a 10% can...

DoublebassmaniawithPranav

The great energy crisis. Its global. What does Suzlon do - Manufacturing of wind turbines. What has changed, Coal Scarcity, Brent is at $85, best, Parali burning (Crop Burning) season is back on. So, we need clean energy more than ever, do read Chris Martin's no concert pledge since 2017. He is coming up with jump and create charge concert (Fantastic and...

DoublebassmaniawithPranav

With rising disagreements between India and China, HAL definitely gain furthermore momentum. I will advise to trade in cash as this is extremely volatile stock. 1800 will come quite quickly. One of the best flag patterns I have seen. Also, RSI has been declining and stock has required acceleration space. This is just a chart pattern discussion. Please trade...

DoublebassmaniawithPranav

Simple glance at Advance decline ratio gave me confidence of bullishness on this stock. Diwali mandatory shopping + Back to office rush - Bata got to run. It’s a no brainer. 2300 then 2400. try to book profits, at least some post 2400 level. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market...

DoublebassmaniawithPranav

Perfect triple cup in cup setup. This formation is rare. This share looks like a steal at this price. If bears don’t crash the global markets this stock will touch 2400 very soon. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)

DoublebassmaniawithPranav

While it was running, I thought why?? Why is it running so bad? Then I realized, it’s just a pattern to chaos theory. See its very simple. Everyone will learn right now on where to invest in inflation, simple answer will be consumer stocks / Utilities. So, more retail buys tata consumer, more selling will come, until this hits June 2021 levels. When actual...