praveen.bhatiya

Message Follow Following Unfollow
About me My 10 years of trading experience with many ups and downs have taught me deeper lessons about trading. There is no short cut to be rich. I use technical analysis for finding a trade that offers reasonable risk to reward ratio. I hope to be helpful
Joined India BhatiyaPraveen
Markets Allocation
94 % stocks 6 % indices
Top Mentioned Symbols
NIFTY 3% | 12 BANKNIFTY 2% | 8 TATASTEEL 2% | 7 ICICIBANK 1% | 6
praveen.bhatiya praveen.bhatiya RELIANCE, 1D, Short ,
RELIANCE: Double Top Reversal Breakout
170 0 8
RELIANCE, 1D Short
Double Top Reversal Breakout

The chart has formed classical double top pattern and broke the neckline today. This simple pattern does not need much explanation so one can trade it easily. RSI below 50 is also confirming the trade. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya RPOWER, 1D, Long ,
RPOWER: Wolfe Wave Good RR trade
85 0 2
RPOWER, 1D Long
Wolfe Wave Good RR trade

The stock has nicely formed Wolfe Wave with in parallel Channel. One can trade the stock for a good Risk to Reward Ratio. One can trade the Future as under or make suitable strategy using options as the stock is active in Options also Entry 34.30 SL 32.20 Target 39.80 RR 5.50 Disclaimer : All ideas and comments are my personnel view. Please take ...

praveen.bhatiya praveen.bhatiya COALINDIA, 1D, Long ,
COALINDIA: Action/Reaction Multiple Support/Candlestick Matching Low/RSI
145 0 9
COALINDIA, 1D Long
Action/Reaction Multiple Support/Candlestick Matching Low/RSI

Currently price is at multiple support. Action/Reaction set is also suggesting a reversal at this level. RSI is coming out of Oversold Zone. It has formed a reversal Matching low candlestick yesterday. All these are suggesting to buy the stock at current level and expect minimum target of 280. Disclaimer : All ideas and comments are my personnel view. Please take ...

praveen.bhatiya praveen.bhatiya SIEMENS, 1D, Long ,
SIEMENS: Small risk 3LR Pattern/PF setup
80 0 4
SIEMENS, 1D Long
Small risk 3LR Pattern/PF setup

The stock is in downtrend but it has made a 3LR pattern yesterday. One can use the today's dip to buy the stock for a short term target of 1100 by providing small stop loss of low of yesterday. it offers a good RR ratio of above 3. Risk 20 Expected reward 65 Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading ...

praveen.bhatiya praveen.bhatiya RELINFRA, 1D, Short ,
RELINFRA: Rectangle Channel Breakout !
194 4 10
RELINFRA, 1D Short
Rectangle Channel Breakout !

Nicely formed Rectangle Channel gave breakout today and trading below the lower Trend line. One can short the stock by providing the SL of High of today and expect the target around 360. It may be a good RR trade. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya ICICIBANK, 1D, Education
ICICIBANK: Learning 1-2-3 Reversal Setup
148 0 6
ICICIBANK, 1D Education
Learning 1-2-3 Reversal Setup

Victor Sperandeo has created a beautiful Trend Reversal method known as 1-2-3 Reversal Setup. It is a reliable reversal setup and it occurs very often in all time frames. Drawing 1-2-3 is very simple as explained below Draw a trendline from the highest high Point A to the lowest low (B) on the chart such that price does not cross the trendline until after the ...

praveen.bhatiya praveen.bhatiya HAVELLS, 1D, Short ,
HAVELLS: Pitchfork Short at UML
135 6 5
HAVELLS, 1D Short
Pitchfork Short at UML

Pitchfork is catching the frequencies of price movement. It has retested the Upper Median Line and engulf the previous bar. It looks a good setup to short the stock for a target of 512.50. RSI is also confirming the shorting. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya ASHOKLEY, 1D, Long ,
ASHOKLEY: Inverted 3LR Pattern/RSI
242 8 7
ASHOKLEY, 1D Long
Inverted 3LR Pattern/RSI

If the risk to reward ratio of 3 suits, one can consider shorting the stock at current level with the SL of recent high for a target of 150.50. Reasons 1. Inverted 3LR pattern 2. RSI coming below from overbought 3. Small risk Trade Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya CHENNPETRO, 1D, Long ,
CHENNPETRO: Broadening Wedge
137 0 2
CHENNPETRO, 1D Long
Broadening Wedge

Stock has been moving in the Broadening Wedge boundaries making nice alternate touch. It has bounced from the lower boundary and retested it again today. RSI coming out of overbought zone. Ideally any closing above 309 should trigger a long trade however aggressive trader can buy the stock now for a target of 335. Disclaimer : All ideas and comments are my ...

praveen.bhatiya praveen.bhatiya IRB, 1D, Short ,
IRB: Big W Reversal Pattern !
182 0 8
IRB, 1D Short
Big W Reversal Pattern !

Stock has formed trade able big W pattern. One can short the stock with the SL of 271 for a target of 238 which gives a 2.2 RR ratio. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya BPCL, 1D, Long ,
BPCL: Engulfing @ significant Zone
381 7 12
BPCL, 1D Long
Engulfing @ significant Zone

It seems that 374 level is strong demand zone. Parallel Channel, double bottom, RSI coming out of overbought zone and latest Engulfing bar suggesting a long trade with small stop loss. One can easily expect 2.5 times reward of risk being taken in this trade. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading ...

praveen.bhatiya praveen.bhatiya APOLLOTYRE, 1D, Short ,
APOLLOTYRE: Action/Reaction Head & Shoulder Trade Setup
194 2 4
APOLLOTYRE, 1D Short
Action/Reaction Head & Shoulder Trade Setup

The stock has broken all time high but could not sustain. AR set is suggesting price reaction at current level. It is forming Head & Shoulder pattern. One can short the stock here for a target of 260 by providing a stop loss of 301 on closing basis. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya RELINFRA, 1D, Long ,
RELINFRA: Perfect Rectangle Pattern Trade !
160 0 4
RELINFRA, 1D Long
Perfect Rectangle Pattern Trade !

The stock has formed Rectangle pattern nicely. It has shown strength at bottom trend line with increased volume so one can buy the stock with strict stop loss and expect the target to other side. One can also keep it in their watch list and eventually trade the breakout. Disclaimer : All ideas and comments are my personnel view. Please take financial ...

praveen.bhatiya praveen.bhatiya SBIN, 1D, Long ,
SBIN: 3LR Pattern at significant Support Zone
321 5 8
SBIN, 1D Long
3LR Pattern at significant Support Zone

The stock is in downtrend but now showing sign of reversal. It has formed a 3LR pattern at significant support zone. RSI is also coming out of overbought zone. It seems to me a good trade setup with affordable stop loss. One can buy the stock for a target of 262 by providing SL of 236. Disclaimer : All ideas and comments are my personnel view. Please take ...

praveen.bhatiya praveen.bhatiya RPOWER, 1D, Long ,
RPOWER: Bullish Engulfing/2B Pattern Reversal
110 0 2
RPOWER, 1D Long
Bullish Engulfing/2B Pattern Reversal

2B Reversal pattern formed as Bullish engulfing so it seems buyers are emerging at current level. One can buy the stock with SL of low of last bar for a target of above 40. Reasonable risk to reward ratio trade. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya TATASTEEL, 60, Long ,
TATASTEEL: Nicely Bullish Wolfe Wave in Progression
186 5 8
TATASTEEL, 60 Long
Nicely Bullish Wolfe Wave in Progression

Tata Steel has correctly formed Wolfe Wave and it seems to reach the target level of 600 - 610 in coming days. I was quite busy during the day so could not post it timely and early low risk entry is missed but mates can still take advantage of it. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya PTC, 1D, Long ,
PTC: Low risk Trade with GOOD RR ratio !
170 0 10
PTC, 1D Long
Low risk Trade with GOOD RR ratio !

There are multiple supports at current level suggesting a good possibility of emerging buy so one buy the stock as mentioned below. Entry 88.65 SL 86.40 Target 94.50 RR ratio 2.50 Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya BEL, 1D, Long ,
BEL:  Bottom Fishing : Risking small amount in direction of market.
372 3 9
BEL, 1D Long
Bottom Fishing : Risking small amount in direction of market.

Price has already made 3 down drives, now coming out of RSI oversold zone, Engulfing bar at double bottom zone today. It may not be a high probable trade but still worth risking small amount. One can expect at least thrice the reward of risk being taken. Stop Loss some ticks below the recent low on closing basis. Disclaimer : All ideas and comments are my ...

Show More Ideas 123456...18
Last visit India
1
5
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
7
1
18
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
7
0
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
2
3
0
Message Follow Following Unfollow
5
14
24
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
6
0
5
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit India
89
124
839
Message Follow Following Unfollow
Last visit
23
51
202
Message Follow Following Unfollow
Last visit
312
371
1403
Message Follow Following Unfollow
Last visit
104
97
509
Message Follow Following Unfollow
Last visit
56
96
238
Message Follow Following Unfollow
Last visit India
217
322
2436
Message Follow Following Unfollow
Last visit
17
17
81
Message Follow Following Unfollow
Last visit
479
203
749
Message Follow Following Unfollow
Last visit
7
10
48
Message Follow Following Unfollow
Last visit India
102
62
994
Message Follow Following Unfollow
Last visit
212
154
1659
Message Follow Following Unfollow
Last visit Jurassic Park
978
532
8621
Message Follow Following Unfollow
Last visit India
98
105
819
Message Follow Following Unfollow
Last visit
11
13
40
Message Follow Following Unfollow
Last visit
74
144
468
Message Follow Following Unfollow
Last visit
13
25
48
Message Follow Following Unfollow
Last visit
976
262
3705
Message Follow Following Unfollow
Last visit
114
258
996
Message Follow Following Unfollow
Last visit
38
56
261
Message Follow Following Unfollow
Last visit India
32
4
69
Message Follow Following Unfollow
BALRAMCHIN
BALRAMPUR CHINI MI
Follow Following Unfollow
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