PraffulAgarwal

PraffulAgarwal

1. price reacted positively from long term flip reaction line 2. first HH-HL after a downtrend confirmation waited from RS line to turn positive

PraffulAgarwal

1. Relative strength up wrt Nifty 2. RSI close to breakout, upward and trending 3. Long term and short term rounding bottom 4. Build-up near to resistance area 5. low cheat trendline breakout

PraffulAgarwal

BNf chart has formed a classic bullish divergence between price and RSI, time to look for bullish strategies/ candlesticks on lower timeframe.

PraffulAgarwal

1. price breaking trendline 2. RS turns positive 3. RSI trendline broken 4. Price forming long rounding bottom

PraffulAgarwal

after a mega run price is forming another potential base before continuing the mega uptrend

PraffulAgarwal

a good uptrend and price sustaining above previous breakout; the volatility needs to be contracted prior to next breakout for a sustainable structure development. However if volatility increases then fake breakout is a possibility

PraffulAgarwal

1. down sloping trendline break 2. RS turns positive and upsloping 3. RSI breakout

PraffulAgarwal

1. contracting simultaneous bases 2. volatility below 10 % 3. low cheat entry possible

PraffulAgarwal

1. steady up trend 2. price retesting 20 dema at previous minor top

PraffulAgarwal

1. volatility is contracting continuously 3 bases 2. price squeezing near a long term resistance 3. price taking support from 20 ema its a weekly chart so price movement can take long time to achieve target

PraffulAgarwal

Abbott india has reversed from resistance turned support zone and still has a good tradable RR till next resistance

PraffulAgarwal

where are buyers and sellers long base is forming and why tradingview isnt allowing me to publish this chart without a proper description.... look at chart there is nothing to describe in it ..... it came in scanner of 52 week high and i am not seeing why such long bases at the top

PraffulAgarwal

a precursor to a long term uptrend CARBOUNIV has made several bases with volatility contracting further and further, post breakout price is contracting into a triangle.

PraffulAgarwal Updated 

1.hardly a downside 2. very long base formation at top 3. volatility contraction 4. PE 19 vs industry PE 47 trede plan - based on price action post breakout

PraffulAgarwal Updated 

1. price closing above trendline on daily and weekly timeframe 2. short term RS turns positive; long term RS in uptrend

PraffulAgarwal Updated 

1. long term RS breakout 2. 3 volatility contractions

PraffulAgarwal

Zydus has broken a long term support which can act as resistance now on.

PraffulAgarwal Updated 

GRASIM has formed slanted inverse head and shoulder after a downtrend. depth 143 points 9% Disc- invested