PraffulAgarwal

PraffulAgarwal Apr 8, 2023

a 554 % rise followed by long term base formation that has 2 down iteration of 50 and 32 % look for further price contraction

PraffulAgarwal Apr 8, 2023

1. Post a meteoric rise of 1300+% price has consolidated making a long rounding base, the 85 week long base is in cheat area having made 3 contraction with maximum down move of 41% and least 10% and price is currently is horizontal range.

PraffulAgarwal Apr 4, 2023

1. Classic pattern has developed over a very long period 2. 3C entry 3. price squeeze

PraffulAgarwal Apr 4, 2023

Manappuram has given a breakout on daily and almost breaking out on weekly but we have some false break signs, so beware entering at breakout and wait for pullback or other confirmation. 1. the pattern is nicely setup but then a lower low has increased volatility and decreased chances of sustaining a breakout 2. 200 wema overhead 3. volumes hasn't pick yet not...

PraffulAgarwal Apr 2, 2023

VEDL is neutral at the moment with both bullish and bearish signs 1. a long term 600%+ rise - bull 2. 51 % correction from top - bear 3. classic bull divergence between rsi and price - bull 4. minor hidden bearish divergence between rsi and price 5. a down flag/pennant consolidation 6. RSI is in downtrend the price is moving with contracting bases challenging...

PraffulAgarwal Apr 1, 2023

1. structure change to LH-LL 2. entry can be planned for a retracement for 1:~2 RR 3. price reversed from pivotal support

PraffulAgarwal Apr 1, 2023

1. flag and pole on weekly 2. borderline retracement 25 % 3. breakout will trigger low cheat entry 4. structure of uptrend is intact

PraffulAgarwal Apr 1, 2023

1. possible cup formation 2. change of polarity worked as support 3. correction of 11.53% form high 4. low cheat breakout and entry triggered

PraffulAgarwal Apr 1, 2023

1. classic cup and handle on weekly chart 2. cup has 23% and handle has 15% retracement from high, 4600 points and 3170 points depth respectively. either a buy on dip or wait for breakout and buy on retest.

PraffulAgarwal Mar 31, 2023

a bullish wolfe wave is observed in COALINDIA with ambitious targets of 375

PraffulAgarwal Mar 31, 2023

Nifty chart is saying a lot today 1. Bounce from weekly demand area 2. W pattern on daily activated 378 points depth 3. Price is above 21 DEMA which can provide support and price has to close above it 4. change in structure HL is confirmed 5. RSI is also supporting with strength and shows no bearish divergence in upmove

PraffulAgarwal Mar 29, 2023

1. RS positive 2. cup is completed (25% correction) with a 85% uptrend from lows 3. symmetrical triangle consolidation post breakout 4. minor hidden bullish divergence

PraffulAgarwal Mar 29, 2023

price is at ATH resistance forming a cup on weekly time frame, wait for handle(correction) to plan entry

PraffulAgarwal Mar 29, 2023

a relative outperformer wrt to benchmark index is again showing signs of strength with price breaking falling trendline after a 13% correction

PraffulAgarwal Mar 25, 2023

triangular consolidation after an upmove of 22% range

PraffulAgarwal Mar 25, 2023

1. 37% correction post a bull run 2. low cheat trend line broken and retested 3. build up

PraffulAgarwal Mar 25, 2023

1. RS breaks zero line to upside 2. long term uptrend 3. low cheat trend line breakout 4. long cup in making 5. 29% retracement from top

PraffulAgarwal Mar 25, 2023

1. long term and short term rounding bottom 2. RS positive 3. build up near to resistance