pravinpatil26

pravinpatil26

Reccomend strongly to buy HUL for medium term becoz --- 1. Poised well at lower band of rising channel 2. completed 61.8% retracement 3. pick up in volume at lower band of channel 4. RSI also rising 5. Most importantly good mansoon & pay commission implementation will increase demand of FMCG produts 6. Good risk to reward ratio.

pravinpatil26 Updated 

Does TV18 come out of 4 year consolidation??

pravinpatil26 Updated 

Flag pattern observed in bank nifty. 19100-19250 important support. If sustained above 19250, we can see 19750 & then 20250 levels. If it breaks, 19100 levles it may see 18600 levels.... Lets watch what happens in coming days..... But I will go long in bank nifty, if it breaks flag...

pravinpatil26 Updated 

Bearish divegence observed in RSI..... Possible short set-up in TELCO....

pravinpatil26 Updated 

Consecutive flag pattern in Indraprashta gas limited...... Go long once it breaks flag... even 900 levl can be seen within short time (2-3 days) with strict stoploss of 838.

pravinpatil26 Updated 

Inverse H & S Pattern in CESC but closing above neckline is important.....

pravinpatil26 Updated 

Waiting for breaking flag will not result in favourable risk to reward ratio..... hence reccomend buying around 608-610 with stoploss of 600 & target 650 (risk:reward ---1:4)

pravinpatil26

Daily volume: increased 710% of daily avg volume Increase in open interest in Futures by 39% showing strong long build up Near breaking downword trendline...... It is likely to break the trendline after that we can buy for intraday as well....

pravinpatil26

Flag pattern about to breakout

pravinpatil26

Nifty likely to break channel on downside.... Can we see 8350 level???

pravinpatil26

Even in todays panic selling, infratel showed good strength. Today infratel closed up around 4%. Can we buy strength showed by infratel??

pravinpatil26 Updated 

TWO PINBARS FORMED SHOWED REJECTIONOF DOWNWARD MOMEMENT BY BULLS HENCE LOOKING FOR BULLISH BREAKOUT IN ARVIND..... PLEASE SHARE YOUR VIEWS....

pravinpatil26 Updated 

CHANNEL BREAKOUT OBSERVED IN SINTTEX........ CAN WE GO LONG ONCE S1 (RESISTACE) IS BROAKEN?

pravinpatil26 Updated 

BULLISH HARAMI PATTERN FORMED IN BANK NIFTY AT CRUCIAL SUPPORT LEVEL.... CAN BNKNIFTY GVE BREAKOUT FROM HERE? CAN WE BUY WEEKLY OR NEXT MONTH CALL OPTIONS? PLEASE COMMENT

pravinpatil26

IFCI on verge of breakout

pravinpatil26

BULLISH MARUBOZU CANDLE FORMED & FRESH BREAKOUT SEEN WITH DECENT VOLUME... IT CAN REACH 160 IN SHORT TERM...

pravinpatil26

GOOD BUYING VOLUME OBSERVED IN LAST THREE TRADING SESSION.... HEADING TOWARDS BREAKOUT ON LONG SIDE

pravinpatil26

Thermax 8.34% is showing clear indication of trend reversal since new higher high and higher low is formed hence I am bullish on Thermax 8.34% . Please share your views.