Pranay73

Pranay73

Ramco Cements for the last weeks days has been falling steeply and has come back to its earlier support levels Analysis of candles of last few days clearly is indicating strength at these support levels as represented by the wicks on downside and strong upside closings. I believe it will reach its previous swing high again , and may also break that level to make...

Pranay73

Kotak Mahindra Bank has taken a support on the yearly pivot level , which is very near to yearly camrilla S3 level , making it a very crucial level. It can continue rising from here till the Yearly Camrilla R3 level @2300 Since this analysis is done on weekly charts , the trade will take time to finish , it might take upto 5 months for this trade to hit the...

Pranay73

Wipro Taking rest on 200 EMA , possible up move soon!

Pranay73

-> Bank Nifty was in a sideways zone since a lot of time -> it broke out of the sideways and is probably going to resume uptrend -> Bank nifty has retraced to 0.618 fibo levels -> it is taking support at 200 EMA -> Previous Resistance looks like turning into support now * Possible Long entry , if it breaks downward trend line Note : This is just my personal...

Pranay73

Cipla have retested its downtrend line , probably it will move up

Pranay73

Nifty is at its dynamic support of 200 EMA , it is about to break the short trendline indicating an upward move.

Pranay73

Escorts is very strong on monthly , weekly and daily charts. it is forming a triangle pattern right now. although it had not shown a breakout yet , but it may soon do . Keep an eye on the stock.

Pranay73

It is in a strong uptrend and is taking support at the 50 EMA . Today it has broken the short term downward trendline. Nice opportunity to buy now

Pranay73 Updated 

HDFCBANK is at support trend line and a crucial support level as well. This multi confirmation can be a great trade-setup.

Pranay73

SBI is at its support trend line. You may take a long position if it breaks it short downward trend line.