PraffulAgarwal

PraffulAgarwal Updated 

1. RS positive 2. stock above long term moving averages 3. two iterations of volatility contractions 4. falling falling during contractions 5. respecting recently formed demand zones 6. volume spurts during upmove 7. short term moving averages not holding the stock trade plan- wait for a bullish candlestick pattern above 50 dema to enter (follow a strict risk...

PraffulAgarwal

Shakti Pump has a low cheat breakout with in a long consolidation cup of deep retracement of 59 %, wait for close above 600 for a higher high to be formed then position can be build at breakout levels.

PraffulAgarwal

low cheat breakout in uptrend cup formation. RS has turned positive.

PraffulAgarwal

A 399 day consolidation and price is comfortably sitting above 50 ema and approached upper end of the box with volumes and solid bars, whenever it breaks look for new rally.

PraffulAgarwal

Raymonds has its uptrend intact and took support at 50 WEMA. All time high weekly close backed with volumes. Near and far RS positive. Price broke out of base. There are two contractions of 33 and 15 %, wait for a single digit contraction base formation.

PraffulAgarwal

ALKEM is forming a cup on weekly chart around the corrections from top, recently it has broken falling trendline and made a higher low, look for trade till cup completion and later follow price action to hold.

PraffulAgarwal

TATAPOWER is undergoing flag contraction on monthly chart and price is currently at upper band of flag channel.

PraffulAgarwal

post a 21% fall from top, falling trendline is broken with a strong candle following a small build up.

PraffulAgarwal

ATUL is forming a base at prior congestion support area, with rsi divergence and a good RR for longs

PraffulAgarwal

volatility is contracting with each dip, wait for breakout after a single digit contraction phase to enter long

PraffulAgarwal

stock is in long term consolidation and breakout will be fast and furious.

PraffulAgarwal

NATIONALUM is into base consolidation on weekly timeframe with a 1:3 RR post breakout (condition).

PraffulAgarwal

ZEEL is hovering near to the support where Big Bull initiates his buying interest in the stock. A fair RR to play with

PraffulAgarwal

a pause before the breakout is always a good sign for breakout to sustain, wait for a pullback to build positions

PraffulAgarwal

A deep cup of 26 % correction is completed, wait for correction till 88 for entry for major targets of 122 and beyond

PraffulAgarwal

Cup is completed at the highs, wait for a pullback/handle formation to build positions. Volumes are telling a positive story with high on buying and low on selling.

PraffulAgarwal

1. breakouts not sustaining 2. fakeout candles have higher volumes

PraffulAgarwal

Post an upmove price is making a nice base after contracting 22% in first down iteration, currently the base is forming in cheat area of the cup.