PrashantSarnaik

Message Follow Following Unfollow
About me F & O AND STOCK TRADER, STUDY AND TRADING IS BASED ON PRICE AND VOLUME. BELIEVES IN SIMPLE TRADING SYSTEM
Joined India PrashantS1973
Markets Allocation
96 % stocks 4 % indices
Top Mentioned Symbols
BATAINDIA 4% | 2 FEDERALBNK 4% | 2 NIFTY 4% | 2 ONGC 4% | 2
PrashantSarnaik PrashantSarnaik JINDALSTEL, 1W,
JINDALSTEL: Jindal Steel - Uptrend May Resume
88 0 0
JINDALSTEL, 1W
Jindal Steel - Uptrend May Resume

Jindal Steel and Power gave a breakout from flag pattern on weekly chart, prior to this breakout the stock has successfully retested its earlier breakout from Feb 2015 high. Taking into account, the stock may resume uptrend, pattern would fail below 240.

PrashantSarnaik PrashantSarnaik ZUARIGLOB, 1D,
ZUARIGLOB: Zuari Global
40 0 0
ZUARIGLOB, 1D
Zuari Global

The stock broke out of four year range few months back, and retracement of the move seems to be completed. The stock price has now broke out an inverted head and shoulder pattern and may resume the uptrend. Pattern would fail if price closes below 180

PrashantSarnaik PrashantSarnaik MARUTI, D,
MARUTI: Maruti - Flag
45 1 0
MARUTI, D
Maruti - Flag

Maruti has given a breakout on intraday basis, (which needs to confirm closing basis). Stop should be kept below yesterdays low

PrashantSarnaik PrashantSarnaik VOLTAS, D,
VOLTAS: Voltas - May resume uptrend
54 0 0
VOLTAS, D
Voltas - May resume uptrend

The stock has been moving sideways from 28th Dec 17 forming a flag pattern. A close above 635-640 would confirm resumption of uptrend and pattern would fail on close below 605

PrashantSarnaik PrashantSarnaik TVSMOTOR, D,
TVSMOTOR: TVS Motors - Low Risk Setup
45 4 0
TVSMOTOR, D
TVS Motors - Low Risk Setup

TVS Motors formed hammer at 50 EMA and on lower channel of BB. It can be low risk trade with stop below hammer and entry above high of today's candle.

PrashantSarnaik PrashantSarnaik L_TFH, D,
L_TFH: L&T FH
32 0 0
L_TFH, D
L&T FH

The reversal has been activated on intraday basis, a close above 180 would confirm the reversal and price could then test levels of 210, stop should be placed below 170 on closing basis.

PrashantSarnaik PrashantSarnaik OIL, D,
OIL: Oil India - Has More Oil to cover longer distance
19 0 1
OIL, D
Oil India - Has More Oil to cover longer distance

Pattern would fail on close below 370

PrashantSarnaik PrashantSarnaik GODREJIND, D,
GODREJIND: Godrej Industries - Could be a Buy on close above 608
13 0 0
GODREJIND, D
Godrej Industries - Could be a Buy on close above 608

The stock seems to give a breakout on close above 608 & if it happens stop should be below 599 on closing basis.

PrashantSarnaik PrashantSarnaik BATAINDIA, D,
BATAINDIA: Bata - Buy Signal on P & F Chart
34 0 0
BATAINDIA, D
Bata - Buy Signal on P & F Chart

Trying to analyze Bata on P & F chart, and it gave a nice Buy signal out of Triple- Top and also an Inverted Head & Shoulder pattern. If by close it holds the breakout, then stock could retest previous highs.

PrashantSarnaik PrashantSarnaik ONGC, D,
ONGC: ONGC - IT MAY MOVE TO 205 - 210
62 0 3
ONGC, D
ONGC - IT MAY MOVE TO 205 - 210

The stock gave a gap up three days back and help on the gap which now working as support. The stock is expected to test previous highs and GAP should act as support, any pull back should be using as buying oppurtunity

PrashantSarnaik PrashantSarnaik BATAINDIA, D, Long ,
BATAINDIA: Bata- Uptrend resumed ?
37 0 1
BATAINDIA, D Long
Bata- Uptrend resumed ?

Pl refer chart

PrashantSarnaik PrashantSarnaik HINDZINC, D, Short ,
HINDZINC: Hindustan Zinc - Pull Back Over Downtrend Resumes
20 0 0
HINDZINC, D Short
Hindustan Zinc - Pull Back Over Downtrend Resumes

Pl refer chart

PrashantSarnaik PrashantSarnaik INDUSINDBK, D, Short ,
INDUSINDBK: INDUSIND BANK - CHANGE IN TREND
17 0 1
INDUSINDBK, D Short
INDUSIND BANK - CHANGE IN TREND

PLEASE REFER CHART

PrashantSarnaik PrashantSarnaik ITC, D, Long ,
ITC: ITC - Time to Long is sustains above 50 EMA
28 0 0
ITC, D Long
ITC - Time to Long is sustains above 50 EMA

For the second time since 18th July ITC is trying to move above 50 day EMA and this time positive RSI divergence is indicating that ITC may try to reach 290 - 295 levels. A close above 50 EMA would be a confirmation.

PrashantSarnaik PrashantSarnaik DHFL, D,
DHFL: DHFL - LONG OR SHORT ?
34 1 2
DHFL, D
DHFL - LONG OR SHORT ?

ON DAILY CHARTS DHFL LOOKS QUITE INTERESTING, A PROBABLE HEAD AND SHOULDER PATTERN AND A BULLISH FLAG. I DON'T KNOW WHICH ONE OF THESE TWO WILL GIVE BREAKOUT, SO LET DHFL TELL ME FIRST THEN I WOULD GO WITH THE FLOW

PrashantSarnaik PrashantSarnaik BHARTIARTL, D, Long ,
BHARTIARTL: Bharti Airtel - Looks Bullish
22 0 1
BHARTIARTL, D Long
Bharti Airtel - Looks Bullish

On daily charts Bharti Airtel reversing from 50/20 EMA zone which coincides with support zone, RSI (14) moved above 50 signalling momentum. So its signalling bullish momentum

PrashantSarnaik PrashantSarnaik TCS, D,
TCS: TCS - Can It retest highs ?
17 0 1
TCS, D
TCS - Can It retest highs ?

TCS looks ripe (but only after flag breakout on closing basis) to test recent highs. Will it occur, lets see

Show More Ideas 123
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
5
14
19
Message Follow Following Unfollow
Last visit
7
0
21
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
5
0
10
Message Follow Following Unfollow
Last visit
1
0
5
Message Follow Following Unfollow
Last visit
4
0
13
Message Follow Following Unfollow
Last visit
6
0
18
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
174
374
2179
Message Follow Following Unfollow
Last visit
1
0
15
Message Follow Following Unfollow
Last visit India
11
0
13
Message Follow Following Unfollow
Last visit
5
0
13
Message Follow Following Unfollow
Last visit
3
0
8
Message Follow Following Unfollow
Last visit
0
4
9
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
4
0
3
Message Follow Following Unfollow
Last visit
96
214
576
Message Follow Following Unfollow
Last visit Germany and traveling the world...
1690
0
123
Message Follow Following Unfollow
User has no following symbols
Market
Browse
Type
Browse
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out