ParamjitMahapatro

ParamjitMahapatro Updated 

in weekly, round bottom formation and breakout with good volume, tgt - 160+

ParamjitMahapatro Updated 

in weekly, wave C is going on. in closure look, there are a lot much left of wave C. wave B retraced 50% of wave A, so wave C should be extended. Now counting the fractals of wave C shows that, sub wave going on. looking at the retracement levels it can plunge below 560 levels. So one should exit in every bounce. Note: this is for educational purpose.

ParamjitMahapatro Updated 

cup and handle forming in cadila healthcare watch for breakout. pattern tgt 590 - sl - 517 in weekly BB is upward and candles are showing strength.

ParamjitMahapatro Updated 

in weekly, price is moving sideways, it looks like a symmetrical triangle. price recently bounced from the trend line support with good volume, in daily , there is a symmetrical triangle formation and then break out with good volume. there was a BB squeeze , now price closed above upper BB with good volume and BB is now expanding. sl - 260, 1st tgt -...

ParamjitMahapatro Updated 

in weekly - price bounced from channel support and moving up, it can go up to the channel resistance. sl - 4010, tgt - 4852

ParamjitMahapatro Updated 

in daily, price broke out with good volume, after consolidating in a horizontal channel, also BB is expanding. in weekly, after a BB squeeze, price closed above upper BB, and BB is expanding.https://in.tradingview.com/x/fxIlBukX/ Also it broke the resistance zone after a long consolidation.https://in.tradingview.com/x/RXizbYav/ with a sl - 492, 1st tgt - 565,...

ParamjitMahapatro Updated 

the level of 58 played a crucial role in Andhra bank. Initially it acted as a resistance then broken, and gave support in couple of instances, Now as it is broken and price retraced to this level, now it should act as a resistance. If this crucial level is saved then price may slide down to 54 - 53 levels. Note: this is not a short selling advice, as fno...

ParamjitMahapatro Updated 

Round bottom is formed here in weekly time frame, confirmed by breakout with good volume, recently price retested the breakout level and reversed to resume its uptrend. also hidden bullish divergence seen in weekly sl - 61, tgt - 100-110 range

ParamjitMahapatro Updated 

It is in a weekly channel, and price bounced from the channel support and moving up, it can go upto channel resistance in medium term.

ParamjitMahapatro Updated 

details in chart.

ParamjitMahapatro Updated 

it was range bound and consolidating since 2015, now it has given breakout with good volume in weekly time frame, unless it is a fake breakout it has good upside potential. with a sl of 650, 1st tgt to expect - 965

ParamjitMahapatro Updated 

in weekly, pvr bounced from uptrend channel support and horizontal support. sl - 1286, 1st tgt - 1643, 2nd tgt - 1780

ParamjitMahapatro Updated 

details mentioned in chart.

ParamjitMahapatro Updated 

double bottom formed after a prior downtrend, broke out with high volume, now retesting. sl - 316, 1st tgt - 370

ParamjitMahapatro Updated 

symmetrical triangle is forming in daily time frame. look for a breakout. we ll discuss on sl and tgt post breakout.

ParamjitMahapatro Updated 

price is in uptrend channel in weekly time frame. and current trend is up, So it can go to the channel resistance easily sl - 1070 1st tgt - 1210 2nd tgt -1280

ParamjitMahapatro Updated 

it is in uptrend channel in weekly time frame, sl - 30.2, 1st tgt - 34.5 2nd tgt - 35.5

ParamjitMahapatro Updated 

price was consolidating in horizontal channel in daily, now there is a breakout with good volume, in weekly hidden bullish divergence seen sl - 360.5, 1st tgt - 421