ParimalDevnath

Message Follow Following Unfollow
Joined
Markets Allocation
77 % stocks 23 % indices
Top Mentioned Symbols
NIFTY 23% | 3 SBIN 15% | 2 SRTRANSFIN 7% | 1 MGL 7% | 1
58 0 0
NIFTY, 1D
Nifty

Below 9DMA price took support at 15 DMA. A cut of 73 points. 11500 has been proved as the recent top and this will play a crucial role in coming days to decide the long term direction of Nifty. As per OI Table downside is limited. Bulls are guarding the levels of 11000 (highest Put OI) and 11200 Put OI. If Nifty has to change the trend to bearish, it has to meet ...

ParimalDevnath ParimalDevnath ITC, 1D, Long ,
69 0 0
ITC, 1D Long
ITC

ITC shot up quite fast and completed the 3rd wave up and now consolidating -- typical 4th wave-- in a narrow range with bullish undertone. Immediate resistance comes at 310 and 320 reaching which 5th wave up will be completed. Then there can be consolidation due to Negative Divergence to be developed. This may be a high probability trade setup. SL is essential.

ParimalDevnath ParimalDevnath INFY, 1D, Long ,
9 0 0
INFY, 1D Long
Infy

Technically price has broken out of the resistance (previous high) and also it has surpassed the OI resistance 1400 which has the highest Call OI position built by the bears. On fundamental count, price has shot up due to severe decline of INR against USD. Now holding above 1400, next technical resistance at 1420. If INR declines below 70 against USD, price of ...

ParimalDevnath ParimalDevnath SBIN, 1D, Long ,
83 0 0
SBIN, 1D Long
SBIN

Nice party was spoilt due to bad Q1 result. Technically 320 Call has the highest OI. So this is the strong resistance. This is also the Pitchfork resistance. And 300 is the good support since bulls have heavily written Puts at this strike and also at 290. Pitchfork Median lies at 295. So 295 to 300 should play as support. No recommendation till some pattern emerges.

ParimalDevnath ParimalDevnath NIFTY, 1D, Long ,
48 0 0
NIFTY, 1D Long
Nifty

Powerful Bulls were unable to push Nifty across the resistance created by the timid bears at 11500 Call strike. Price returned from 11495 on Thursday. 11500 is the resistance line Pitchfork. OI Table: On Friday bears increased their position at 11500 Call strike (total 433800 shares added). What did the bulls do on Friday? OI Table gives clarity. They booked ...

ParimalDevnath ParimalDevnath MGL, 1D, Long ,
18 0 0
MGL, 1D Long
MGL

We have to wait till there is a breakout of the Regular Flag.

ParimalDevnath ParimalDevnath NIFTY, 1D, Long ,
58 0 0
NIFTY, 1D Long
Nifty

A hammer candle is in the view indicating indecision at resistance zone of Pitchfork. What is noteworthy in the OI Table is that bulls today have built huge position at 11400 Put strike (total 703200 shares added) and bulls are guarding firmly the wall of strong support at 11000 Put -- the highest OI. Bulls are not much tired. Yet some consolidation is possible. ...

ParimalDevnath ParimalDevnath SBIN, 1D, Long ,
69 0 0
SBIN, 1D Long
SBIN

Price could veer through the resistance of 311 and remained below 321-- second resistance as expressed yesterday. Well done. Negative Divergence on Stochastic was mauled by strong bullish sentiment. What now? Pitchfork and OI Table should help us. Today bears built huge position at 320 Call strike (total 1593000 shares added) and this is standing as the big ...

18 0 0
RELCAPITAL, 1D Long
Reliance Capital

Regular Flag patter as has been recommended a few days ago has done well. Price reaching the doorsteps of 200 DMA-- crucial zone. Regular Flags often do quite well and fast.

30 0 0
RELIANCE, 1D Long
Reliance

After a handsome gain price moved in a small range today. The chart looks quite bullish though Oscillators are in the Overbought zone. Ascending Triangle has done well. Thanks to the MARKET. OI Table: Today bears have written huge quantity at 1240 Calls strike (total 1052000 shares added). So bulls could not push beyond 1232. Bulls are holding the level of 1100 ...

33 0 2
SRTRANSFIN, 1D Long
ShriRamTransFin

One Regular Flag give some upside and one more bullish Flag is forming which may take the price to our target of 5th wave and the resistance of Pitchfork. But first price should go above 100 DMA.

89 0 0
ICICIBANK, D Long
ICICIBank Long Trade

For last 12 instances 200 DMA is supporting the price. At present price has come very close to 200 DMA again. Holding onto the same (203), price may see 324.

52 1 0
BHARATFORG, D Short
BharatForg

Negative Divergence developed on Stochastic and MACD Indicators coupled with heavy selling of 800 Calls by bears. One can sell for the target at 760 and below. Stop Loss may be placed at 800. All the best.

Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
7
0
29
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
11
23
16
Message Follow Following Unfollow
Online
0
0
0
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
2
0
5
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
5
6
24
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
430
204
1873
Message Follow Following Unfollow
User has no following symbols
Market
Browse
Type
Browse
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out