Prasenjit

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About me Well I am regular collage boy, love to code and aiming to become financially free.
Joined India PrasenjitPawar
Markets Allocation
62 % stocks 31 % indices 8 % forex
Top Mentioned Symbols
NIFTY 30% | 4 AXISBANK 15% | 2 TATASTEEL 15% | 2 TATAMOTORS 15% | 2
Prasenjit Prasenjit RELINFRA, 60, Long ,
RELINFRA: Awesome potential in RELINFRA
91 1 2
RELINFRA, 60 Long
Awesome potential in RELINFRA

T1 535, T2 550 & T3 580 with having stop loss near 504.

Prasenjit Prasenjit AXISBANK, D,
AXISBANK: Axis-bank - One way or other way
48 0 4
AXISBANK, D
Axis-bank - One way or other way

One can trade in the blue range pattern with fixed stop lose or go with the trend as soon the channel is broken which is having high probability of a swing trend.

Prasenjit Prasenjit NIFTY, D,
NIFTY: Under pressure
86 0 3
NIFTY, D
Under pressure

At the current level of the nifty, it is under pressure. As I have mentioned before if this level soon is not broken it will likely consolidate before giving us new highs. I will highly recommended to go long if only this level is broken, till then have patients.

Prasenjit Prasenjit NIFTY, D,
NIFTY: Is this is it
95 0 2
NIFTY, D
Is this is it

Currently having main resistance at 9682. If it is not broken soon enough, their is high possibility of consolidation. In any case I believe it has not hit the actual resistance, but their is time for it.

Prasenjit Prasenjit TATAMOTORS, D,
TATAMOTORS: Keep it simple (TataMotors)
81 0 4
TATAMOTORS, D
Keep it simple (TataMotors)

Waiting for it to come 10 points down more, then going to go long position. Target 458.00

Prasenjit Prasenjit NIFTY, D,
NIFTY: Nifty view don't get ahead of your position.
71 0 3
NIFTY, D
Nifty view don't get ahead of your position.

Again before giving us new high it is going to come at its 61% entrancement. Currently at 23%, so i do recommend to wait for 100 points correction.

Prasenjit Prasenjit USDJPY, D, Long ,
USDJPY: A look at USDJPY
59 0 2
USDJPY, D Long
A look at USDJPY

its seems it is looking to get back to its 114 level.

Prasenjit Prasenjit TATAMOTORS, D, Long ,
TATAMOTORS: trading in the channel tatamotors
50 0 2
TATAMOTORS, D Long
trading in the channel tatamotors

Main support at 458 and the target is likely 483.

Prasenjit Prasenjit AXISBANK, D, Long ,
AXISBANK: Axis bank having great potential.
64 2 2
AXISBANK, D Long
Axis bank having great potential.

Now the MA are looking in favor for the price to lift up, besides Axis bank have great potential to move upwards.

Prasenjit Prasenjit HINDALCO, D, Short ,
HINDALCO: Hindalco struggling at higher level.
33 0 1
HINDALCO, D Short
Hindalco struggling at higher level.

If it doesn't manage to break its 200 level, soon it come back to its 190 level. Better to keep watch on!

Prasenjit Prasenjit TATASTEEL, D,
TATASTEEL: new update on Tatasteel!
45 0 1
TATASTEEL, D
new update on Tatasteel!

now it looking totally bearish.

Prasenjit Prasenjit NIFTY, D,
NIFTY: Back to down level
94 0 4
NIFTY, D
Back to down level

Before giving us new highs, Nifty is likely to come near its 9550 level. From their fresh new positions can be taken.

Prasenjit Prasenjit TATASTEEL, D, Short ,
TATASTEEL: Tatasteel not holding ground!
34 0 2
TATASTEEL, D Short
Tatasteel not holding ground!

If it remains to hold the 490 level, we can hope new highs. Otherwise it may again go for its support level. But on the looks of it, it is not looking bullish as per the market. Looking for the target 470.

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