ParamjitMahapatro

ParamjitMahapatro

In weekly, after a strong uptrend, head & shoulder pattern formed then price broke the neckline and pattern confirmed. Bolinger band is in downtrend and price is pushing the lower BB downwards. So we can see selling pressure in metal stocks like tatasteel, hindzinc, welcorp, hindalco, vedanta etc.

ParamjitMahapatro

In weekly/daily, price just bounced from ascending channel support. Also price broke out of falling wedge with good volume, also price closed above upper BB. sl - 450, tgt1 - 545, tgt2 - 580

ParamjitMahapatro

In weekly, important horizontal support 555-542 broken, next support at 415-407 level. In daily time frame.

ParamjitMahapatro

In daily, price retraced then reversed from horizontal support, In weekly, price in an established uptrend, it broke out of ascending triangle pattern and going up.

ParamjitMahapatro

cmp - 82.40, in monthly it is has bounced from horizontal support zone. final support at 50. In weekly regular bullish divergence and morning star pattern formed. 1st tgt - 114, 2nd tgt - 160

ParamjitMahapatro

cmp - 253.65 In weekly, price at horizontal support, in daily regular bullish divergence seen at horizontal support zone. with sl - 239, 1st tgt - 299

ParamjitMahapatro

In weekly, price at horizontal + trendline support. with sl - 287, tgt - 360

ParamjitMahapatro

In weekly, price bounced from the trend line support. it can move up to horizontal resistance. with sl - 478 tgt - 620

ParamjitMahapatro

In weekly, price at horizontal and trendline support. In daily, price showing strength, recently it closed above upper BB and upperBB is starting to move up. with sl - 305, 1st tgt - 385

ParamjitMahapatro

In daily, after a 6 months long consolidation price was able to break out of horizontal channel with good volume. Then it came down to retest the resistance level , now moving higher. with a sl - 920, tgt1 - 1060, in weekly and monthly it is in strong uptrend, so one should ride the trend with a trailing sl.

ParamjitMahapatro

In monthly, price bounced from the ascending channel support. with sl - 2719, tgt1 - 3390, tgt2 - 3550

ParamjitMahapatro

In daily, price broke out of horizontal resistance with good volume, also closed above upper BB and BB is expanding. Both in weekly and monthly it is in strong uptrend. ride the trend with sl - 830

ParamjitMahapatro

In weekly, price bounced from horizontal support, hidden bullish divergence also formed here. sl - 2080, tgt - 3370

ParamjitMahapatro

In daily, price broke out of horizontal channel with good volume, In monthly, it is in strong uptrend. tgt1 - 473, once should ride the uptrend with sl - 355.

ParamjitMahapatro

After the recent correction in feb and mar month, most of the sectoral indices showing hidden bullish divergences in weekly time frame. They are: small cap mid cap realty energy commodity consumption service So we may expect a good recovery from the current dip and continuation of the medium term...

ParamjitMahapatro

In weekly, price moving in ascending channel and bounced from ascending channel support, sl - 62.5, tgt1 - 100, tgt2 - 118

ParamjitMahapatro

In weekly, price at horizontal support, it should bounce from here and resume its uptrend. sl - 1485, tgt 1 - 2060

ParamjitMahapatro

In weekly, price at horizontal support zone and hidden bullish divergence formed here. In daily, regular bullish divergence formed here. current correction retraced around 50% of previous rally. sl - 273, tgt1 - 363, tgt2 - 470