prameshp

prameshp

ONGC is poised for a good base around this level of 65-70....! Good accumulation area. Below this even upto 50 it is still an addition Zone. Whenever fuel prices takes off from 25 $ upwards, ONGC will start getting back its lost glory. Oil Economy has still some steam left for another 5 years. Do not miss the Dividends.

prameshp

REC has always been in a tight range. Now at the multi year support line. Play the range 88-121. Dividened is additional bonus.

prameshp Updated 

SBI 25/11/2018 a divergence seen on OBV. Smart money accumulating at lower prices. Short Term Trend Line on OBV indicating a 273 SL. Can be accumulated at CMP and wait for a break out.

prameshp Updated 

Analysis mentioned on the chart.

prameshp

Vedanta Testing Times Re - Testing 200 Levels which was it multi year break out level 2 years ago. It tested 200 at its resistance then, took support at 200 after breaking out in 2016. IF taken out - 180 is the next stop and then again a support at 168. If sustains 200, for its next move need to cross 215 and 225 comfortably for an uptrend.

prameshp

RELIANCE CAN BE TRADED IN A RANGE TILL THE UPTREND EMERGES 1150 ON UPPER SIDE 1097 1075 1050 1020

prameshp Updated 

1. KUMO BREAK OUT DONE 2. CHIKOU SPAN ABOVE PRICE BUT WITHIN THE CLOUD AREA. WILL BREAK OUT THE CLOUD TOO. 3. FUTURE KUMO BULLISH 4. CAN BE ENTERED FOR A LONG HAUL. 5. STOP LOSS BELOW 150

prameshp Updated 

A Doji candle formed 19/11/2018. The stock took support of the Tenken Sen and bounced. All other Ichimoku Kumo Break out Bullish Trend intact: a. Kumo Break out b. Price above Kijun Sen c. Chikou Span fee above price d. Future Kumo still Bullish Those who missed near 150 break out zone may think of re entry Looking now to take a leap again. Now if it takes...

prameshp

A Doji candle formed 19/11/2018. The stock took support of the Tenken Sen and bounced. Looking now to take a leap again. All Other Ichimoku Bullish Kumo Break Out in place: a. Future Kumo Bullish b. Chikou Span Free above price c. Up Trend above Kumo Now if it takes a leap, next target is 175.

prameshp Updated 

1. On Verge of Kumo Break Out. One candle above cloud on closing basis. Conservative ones can look for 2nd candle confirmation above cloud. 2. Chikou Span will be free above 296 on closing basis. 3. Span A turning upwards and future Kumo likely to be bullish if above 1 and 2 happens. 4. 296 - 304-312-324 SL Below 282

prameshp Updated 

RELIANCE INFRA GETTING READY FOR A CUP AND HANDLE PATTERN. ENTRY POINT IF IT MATERIALIZES AROUND 373. IT IS ALSO ON THE VERGE OF A KUMO BREAK DOWN, SO THE PATTERN MAY NOT FORM EVEN. KEEP A TAB ON THE COUNTER. ABOVE FOR EDUCATION PURPOSE

prameshp Updated 

IS BANK NIFTY READY FOR A TAKE OFF. 1. ON VERGE OF KUMO BREAK OUT CONFIRMATION UPON CHIKOU SPAN GETTING FREE AND FUTURE KUMO TURNING BULLISH. IS THE RBI VS. GOVT TUSSLE (PERSONALLY FEELING IT IS MADE OUT MORE BY MEDIA THAN THE ACTUAL ONE), GOING TO BE JUST ANOTHER EVENT PASSING BY. COMMENTS INVITED. THANKS

prameshp Updated 

1. KUMO BREAK OUT DONE 2. CHIKOU SPAN ABOVE PRICE BUT WITHIN THE CLOUD AREA. WILL BREAK OUT THE CLOUD TOO. 3. FUTURE KUMO BULLISH 4. CAN BE ENTERED FOR A LONG HAUL. 5. STOP LOSS BELOW 150

prameshp

Looks it has gone into a deep sleep mode. Will have to wait till it breaks, 346. Keep a tab. Upward journey begins only after that.

prameshp

Bharat Forge moving ahead of all Lines towards a new ATH. Watch out for the first limit of 796 and then beyond. Stop Loss at the Leading Span B. Near future a small bullish cloud too. Stay invested. Views invited.