pradipandsuvra

pradipandsuvra Updated 

NSE:PETRONET is showing an interesting breakout pattern. It is breaking out a pennant pattern formed since last 3 yrs with an excessive high volume. Structure wise it is also creating an higher high patten. Lets wait for the price to correct upto it's support level of 240. Then its a good price to acquire for a potential price target of 300. SL can be kept at 210.

pradipandsuvra

In the Daily timeframe, this less known mid-cap Technology stock NSE:ACCELYA is showing confluence of multiple bullish chart pattens. A beautiful rounding bottom formation happened over last 4 months. Followed by a breakout with very high volume on 15th Jan. Followed by consolidation and re-test of 1750 level. During this consolidation between 15th...

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Lets discuss the interesting trading proposition for the Israel's benchmark index TASE-35 $TASE:TA35. It's the Tel Aviv Stock Exchange's 35 shares composite, weighted average index. Lets first talk in technical parameters in Daily chart. After the 8th October'2023, the index touches the lower band of the Bollinger Band. Then it started recovering. On 14th Nov...

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Amid today's 333 points Nifty Selloff, the only Nifty stock gave a bullish engulfing breakout is NSE:SUNPHARMA . Multi timeframe analysis gives various aspect to be bullish for at least 1:1 Risk-to-Reward target: In W chart, it's a clear breakout of a rounding bottom patten created over last 8 years (since 2015). During this course it breaks out...

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Somehow I have seen when there is an issue with monsoon (below par) this stock keeps on popping up in my radar. Reason: It's a AgroChem company (phosphate fertilizer producer #1). I saw some analysts also giving Buy call in this. So before putting long term bet, was looking at the Funda-Techno Analysis of NSE:UPL Here are my thoughts: Fundamental : DVM...

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How NSE:NIFTY1! looks like going forward? Weekly (-1) This week's close is lowest of last 4 week. There was a red doji last week. Which gets clear confirmation on this week's closing. (-1) Weekly volume is highest of last 4 weeks. Daily (+1) Nifty comes back to the uptrend channel with bullish kicker candle formation. (+1) If you follow BB...

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Very Interesting: in 30m chart, it seems this is the 4th time Nifty is testing 17125 level. Typically it is told: the more price hits a level - the intensity of the level to provide support/resistance is reduced. However can not see any divergence. Rather the price uplift to correct the yesterday's RSI +ve divergence is over. And price is negotiating 17125....

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Swetha madam shared today one nice observation about a down slopping channel in Nifty since last 3 months. Extending the analysis with a few other observations with some more price-action tools. Swetha madam's charing: My charting: Observations : H&S formation with a base at 16800. So for the sake of price-action, 16800 has to be retested. This is 2nd...

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No other trade Other than 28th March Straddle/Strangle Or Iron fly/condor. Range: 82.25-83.00, pivot at 82.75 Means: IronFly: 82.75 call & put sell, 83.00 call, 82.25 put hedge leg. Per OI: 83.00 upper, 82.50 lower. Per lot margin: ~2000

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Levels: Support: 195, 180. 173, 163, 150 Resistance: 200-205, 210, 215, 220 OI Data (24rd March Expiry): Nearest Major Resistance per OI data: 220 Nearest Major Support per IO data: 180 Trade setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 210 | 210 | 220 |...

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Levels: Support: 5500, 5450, 5350 Resistance: 5500-5575, 5625, 5700, 5750 OI Data (17th April Expiry): Nearest Major Resistance per OI data: 5700 Nearest Major Support per IO data: 5500 Trade setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 5600 | 5560 | 5650 |...

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Levels: Support: 39600, 39450, 39250, 39000, 38600 Resistance: 39800, 40000, 40150, 40300, 40550 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 39598.1 ATM: 39600 , ITM: 39500, 39400, 39300 , OTM: 39700, 39800, 39900 ---------------------------------------------------------------------| Highest...

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Levels: Support: 17100, 17050, 17000, 16950, 16850, 16800 Resistance: 17150, 17225, 17325 OI Data: ---------------------------------------------------------------------| Nifty => Price: 17100.05 ATM: 17100 , ITM: 17050, 17000, 16950 , OTM: 17150, 17200, 17250 ---------------------------------------------------------------------| Highest OI...

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OANDA:XAUUSD trade setup for next Trading session, Monday: Sideways, choppy movement may be in card. Reason: The wide CPR. The volume profile PoC (point of control) is at 1982 level. The one sided bullish movement of Friday has the PoC region on the upper side only (1980/82). The trending leg does not see significant participation. Fib Trend extension...

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NSE:AUROPHARMA has quite a few interesting setup traits: In the volume profile one can see the two PoC (Point of Control) - one during downtrend - another during uptrend - placed at 444 and 474 level. The PoC at 474 is really interesting. Means the interest is at the sustained levels of price. Absolute high volume Uptick in Momentum (RSI). Price...

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Levels: Support: 39170, 38900, 38750, 38600 Resistance: 39450, 39800, 40000 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 39132.6 ATM: 39100 , ITM: 39000, 38900, 38800 , OTM: 39200, 39300, 39400 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty...

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Levels: Support: 17000, 16900, 16860, 16750 Resistance: 17050, 17150, 17250 OI Data: ---------------------------------------------------------------------| Nifty => Price: 16985.6 ATM: 17000 , ITM: 16950, 16900, 16850 , OTM: 17050, 17100, 17150 ---------------------------------------------------------------------| Highest OI Call in Nifty per...

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Levels: Support: 38900, 38750, 38600 Resistance: 39150, 39450, 39800 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 39051.5 ATM: 39100 , ITM: 39000, 38900, 38800 , OTM: 39200, 39300, 39400 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty per OI...