ParamjitMahapatro

ParamjitMahapatro Updated 

in weekly time frame it is at strong resistance zone, also regular bearish divergence is formed. It may come to 1670, 1600 level. Note: this is not a short selling advice, as future trading is quite risky.

ParamjitMahapatro Updated 

price is moving in a uptrend channel in weekly time frame, and the current trend is up, so it should easily go to the channel resistance. sl - 274, tgt1 - 310, tgt2 - 330

ParamjitMahapatro Updated 

in longer time frame it is in strong uptrend. in daily it is in uptrend channel, also bounced from horizontal support. with a sl - 230, 1st tgt - 261 2nd tgt - 285

ParamjitMahapatro Updated 

price reversed from downtrend channel resistance level. it should come down to the channel support level. sl - 386.5, 1st tgt - 355.5, 2nd tgt - 345. Note: this is not a short selling advice, as future trading is quite risky.

ParamjitMahapatro Updated 

in daily - price broke out of consolidation with good volume and closed above upper BB, now BB is expanding. if we see the longer time frame, 1570-1605 was a resistance zone, which is crossed now, next level to watch for 1800-1810 one should ride the uptrend with a sl - 1509

ParamjitMahapatro Updated 

in daily, price bounced from uptrend channel support. sl - 293, 1st tgt - 330, 2nd tgt - 340

ParamjitMahapatro

in weekly - it is forming staircase pattern, it is reversed from the support, in monthly - round bottom is formed and breakout already happened. sl - 260 (below horizontal support) 1st tgt - 342, 2nd tgt - 390

ParamjitMahapatro Updated 

in weekly it is in strong uptrend, in daily, hammer formed at uptrend channel support + horizontal support, price should reverse and go up from here. sl - 1573, 1st tgt - 1732, tgt2 - 1800

ParamjitMahapatro Updated 

in monthly, it is in strong uptrend, and has crossed 2008 peak and is in all time high. in weekly, it is in strong uptrend and price is riding upper BB. in daily, it has given a breakout with good volume and closed above upper BB and BB expanding. one should ride the trend with a sl under the previous low. initial sl - 70. one should ride the trend with a...

ParamjitMahapatro Updated 

in daily, it has given a breakout with good volume and crossed previous high. Also BB is expanding with good volume after a long squeeze/consolidation. with a sl -17.3, 1st tgt - 23.2

ParamjitMahapatro Updated 

symmetrical triangle formation going on in daily and weekly volatility decreasing and BB is squeezing, breakout to be followed soon. since it was in an strong uptrend, upside breakout expected here. safe traders should wait for breakout. Risky traders may enter with a sl - 91. we ll discuss on tgt after the breakout.

ParamjitMahapatro Updated 

it is in a strong up trend in monthly and weekly time frame, in daily, there was a breakout with good volume, now retesting, should reverse soon. sl - 683, 1st tgt - 780, since its in strong up trend one should hold it with a trailing sl.

ParamjitMahapatro Updated 

breakout of resistance zone with high volume, now retesting it. It should reverse soon. SL - 265, 1st tgt - 302, 2nd tgt - will revise later in longer time frame it is in strong uptrend,

ParamjitMahapatro Updated 

there is a breakout from a downtrend channel with good volume in daily. Also BB is expanding and price closed above the upper BB. sl - 503, tgt - 575

ParamjitMahapatro Updated 

in daily, price broke out of congestion area with good volume, also price broke out of horizontal resistance with good volume and BB is expanding . sl - 4265, 1st tgt - 4630, once price goes to all time high , it ll be quite bullish

ParamjitMahapatro Updated 

in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend. Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on. here sl should be - 102 (below morning star low), 1st tgt - 131...

ParamjitMahapatro Updated 

cup and handle formed in daily , then breakout happened today with above average volume. short term tgt of 1601 is possible here. sl should be below handle low - around 1371.

ParamjitMahapatro Updated 

price is moving in an uptrend channel in weekly time frame. Recently morning star candlestick formed at the channel support, and price is reversing , so 1st tgt - previous swing high - 90.5, and sl - below the channel support - around 76.7 .