parasharmanthan243

parasharmanthan243

ONGC has reached to the 100 percent retracement levels and there is is no major support . As soon as the chart gives strong signals we could go long on ongc. The rsi is also travelling at 15. This gives us a clear signal that it is oversold. target 1 - 147 target 2- 153 stoploss - 139

parasharmanthan243

Today nifty had shown clear signs for strong bearishness in the market . there are two support zones currently in the nifty 50 .the breaking of the first support will give us the target of the second support i.e. at the level of 16450. the time frame must be 5 min . The RSI has also shown he bearishness. The prices are also travelling at the support levels of the...

parasharmanthan243

Wipro has formed a head and shoulders pattern in the weekly chart and it has broken its neckline with a great volume . Almost half of the region is covered and we might see a downfall of upto the levels of 385 within the next few weeks . Although it has to first break the support of 460 level in order to reach the desired target . The long term trendline is also...

parasharmanthan243

By analyzing the long term view in the monthly , weekly and daily chart , bank nifty is likely to follow the current downward trend . The trend will continue for one week and after that we could see an upward trend . Also the current prices are below 200 moving averages , so currently we could not be bullish on nifty , considering the long term view . The RSI is...

parasharmanthan243

The market from a long time is creating a pattern for falling wedge within which all levels are been respected . In continuation with the long term trend and the short term trend the market will be in a bullish mode for the next 15-20days . The next target to be achieved by the market is upto the levels of 17600 . Talking about the indicators the moving averages...

parasharmanthan243

A breakdownn and reversal happened on 1 hour time frame . short price - 125 target - 119 duration -1-2 weeks

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a zone was broken in nifty bank after continuimg it fo almost 7 months. This parallel channel had its pullback and reversal . short price - 36860 target price - 34312 Duration - 2-4 days

parasharmanthan243

broken which was formed from august was broken and pull back occured short price -881 target price - 829 duration - 2-3 days

parasharmanthan243

took supprort on the parallel channel buy price - 143 target - 152 duration - 2 days

parasharmanthan243

Breakdown happened in tata motors in 1 hour time frame . shorrt price - 493 target price - 473 duration - 2-3 days

parasharmanthan243

A double bottom pattern is formed on bitcoin us dollor chart . Buy price - 57452 target 1 - 60302 target 2 - 60950 target 3 - 66386 duration for t1 and t2 is 2-3 days and duration for third target is 1 week

parasharmanthan243

A major breakdownn occured on the lower trendlne of 1 month. The breakdown could be figured in 1 hour time frame. Short Price - 170 Target Price (T 1) - 150 T 2 - 140 Duration - 15- 20 days

parasharmanthan243

Nifty showed the Signs of bullishness by breaking out the parallel channel on intraday . Target 17878 SL- 17830