pratik2358

pratik2358

federal bank analysis on basis of chart formations and result on the way on 15 july , a consistent outperformer in banking space

pratik2358

1001 as per formation on charts with 550-560 as base and stop loss

pratik2358 Updated 

PVR: WITH 1560 trail sl a long for 1840/2029/2300 Stock relatively an outperformer against benchmark stock took a descent support at fibo imp area stock gave a descent upmove from the base

pratik2358

Vedl Trading after 12 long years near life high copper near breakout Vedl is a clear play for 500 areas . on downside strong support at 300-310 areas on longer horizon outperformed metal index and nifty from past few months

pratik2358

A strong breakout candidate copper set for resuming the uptrend after a thorough consolidation

pratik2358

the biggest private sector lender looks tired at as far as i see although dont expect a very heavy fall a time correction possibility in the counter seems very high i see it in range 1340 to 1580 for coming 1 year ahead my view will negate on closing above 1567 mark on weekly frame

pratik2358

syngene and its peer biocon both showing signs of one side upmove the stock looks great at cmp for a 15 % up-move to the least it was into a deep consolidation. from a good amount of time the best part about this time is it gave a good spike rejection and that too at lower ends of the box although sl should be respected

pratik2358

the stock recently broke its life high ie a multiyear breakout seen after 3 years . with a risk of average 20 % approx (which is least if considered a period of 1 year _) for a target not less than 50 -55 % i see the structure is nothing wrong and the stock ideally should perform

pratik2358

mafatlal industries good technical formation although one should check fundamentals before entry

pratik2358

As per above structure there are two things to note 1)Nifty formaing a bearish h&s pattern 2)nifty given a breakdown NOW positive things to note is:- 1)Nifty already made 8.4 % correction from Life high areas 2)Nifty is in good uptrend thus a correction not more than 15 % visible anyhow in worst case in normal case we can still see max 2-3 % (ie 400-550...

pratik2358

zomato mcap of 1.5 L cr a technical bearish aggressive scenario shall take place as there are already enough peers against it and the craze of the same might fade away and margins are shallow i see stock moving south accordingly

pratik2358

usdinr as per chart usd getting power while inr loosing the same the pair given a breakout thus shorting inr and buying usd as per above will work usd may move beyong 75.5 zone as well while support at 73 areas

pratik2358

negative breakdown in spx the bollinger band shown an overbought territory and spx h=given a breakdown below the 20 period mid band security areas is a negative sign technically

pratik2358 Updated 

ITC the heavy weight and is underperforming and now after taking support n times at 200/205 base zones and now above 208 resistance , it is trying to give signs of upmove greater than equal to 230++ and as results are done , chances are higher that ove shall suatin and stock shall participate in index upmove or atleast support the index going forward

pratik2358 Updated 

Titan dual top done , chart is weak broken trendline retesting , stock can give a good slide from current zones to 1570 as well

pratik2358 Updated 

icicibank working on a new strategy on that basis target comes exactly at 719.55 lets see if works or not

pratik2358

VIP holding 400 consecutively and some strength shown today too i see stock breaking out of consolidation and inch higher

pratik2358 Updated 

nifty trading first time out of trendline , but chart stll dont show negativity thus woukd stay withtrend for long play with small sl at 15700 for 16300