ParamjitMahapatro

ParamjitMahapatro Updated 

in daily, Symmetrical triangle formation and breakout with good volume. sl - 57, tgt1 - 70, tgt2 - 80

ParamjitMahapatro Updated 

In weekly, there has been a multi-year resistance breakout , then retesting of the breakout level. in daily hidden bullish divergence is seen, sl - 1005, tgt1 - 1166, tgt2 - 1267

ParamjitMahapatro Updated 

In daily, we have horizontal resistance breakout with good volume, sl - 143, 1st tgt - 195, 2nd tgt - 210. also there is a probability for U pattern formation,

ParamjitMahapatro Updated 

In daily, price broke out of descending channel with good volume, also price is pushing above upper BB, and BB is expanding, sign of bullishness. 1st tgt - 245, 2nd tgt - 257 final tgt - 270 sl - 203

ParamjitMahapatro Updated 

In daily, price bounced from trend line support with good volume, regular bullish divergence formed here, also BB is expanding and candles are riding the upper BB also in weekly, good probability for round bottom formation sl - 845, tgt1 - 1100, tgt2 - 1180

ParamjitMahapatro Updated 

hidden bullish divergence seen, and price bounced from lower BB with a hammer, BB is moving sideways. sl - 223 tgt1 - 243, tgt2 - 251.

ParamjitMahapatro Updated 

In daily, price bounced from channel support, it can go to the channel resistance.

ParamjitMahapatro Updated 

In daily, price bounced from channel support, hidden bullish divergence also seen. In weekly, it is at trend line support sl - 710, tgt1 - 795, tgt2 - 820

ParamjitMahapatro Updated 

Bullish crab formed here in daily time frame. It is satisfying all required criteria - • B point that is a 0.618 retracement of XA or less. • Extreme BC projection that is typically a 2.618, 3.14, or 3.618. • Alternate 1.27 or 1.618 AB=CD pattern required. • 1.618 XA projection as the defining limit with the structure. • C point with range between 0.382 and...

ParamjitMahapatro Updated 

I am considering 2009 dip as the starting point for the analysis. So as per the analysis, sub wave iii of wave (v) of wave is either going on or completed. now, wave iii is at the 100% fibo extension here is a probable count for the fractals of wave iii,which suggests that wave iii is complete and iv is started here.https://in.tradingview.com/x/vVGsGLxT/,...

ParamjitMahapatro Updated 

Its long term trend is quite bullish. In weekly, it just bounced from a trend line support. Also lower BB is moving up, and price bounced from lower BB. with a sl below the trend line support, one may aim for 305 as 1st tgt.

ParamjitMahapatro Updated 

EW analysis in weekly, shows it is in wave 3 now, wave 2 was a flat correction, with a shallow retracement. So wave 3 should be extended here. wave 3 projections shown here.

ParamjitMahapatro Updated 

In weekly, price bounced from ascending channel support. sl - 633, tgt1 - 785, tgt2 - 825 hidden bullish divergence formed in weekly. price reversed near lower bb , which is moving up.

ParamjitMahapatro Updated 

In weekly, price bounced from ascending channel support and moving towards the channel resistance. sl - 525 tgt1 - 705, tgt2 - 740.

ParamjitMahapatro Updated 

In daily, price at ascending channel support, it can move up to 6300, 6700 levels

ParamjitMahapatro Updated 

EW analysis shows that sub wave 5 of sub wave (3) of wave is going on here. probable tgt of wave 5 is 245 - 255. long term tgts can be 290 then 370.

ParamjitMahapatro Updated 

EW analysis shows it is in wave in longer time frame. Currently sub wave 5 of sub wave (3) of wave is going on here. probable target for sub wave 5 comes around 140-150 levels. long term tgts derived from fib projections are here,

ParamjitMahapatro Updated 

In daily, hammer formed at trend line support, it should bounce from here, sl - 235 tgt1 - 255, tgt2 - 265