psumita108

psumita108 Updated 

Here's the 15 mins chart for you, which shows that the bear's aren't powerful enough to break the bull's neck by crossing the MACD centre line. If you look at the weekly chart, you get to see that our first resistance is at 132.25 (R1) and the other one is at 137.70 (R2). Tomorrows opening should be above or equal to the close of today's closing. More details...

psumita108 Updated 

R1 will be the first hurdle for the bull run. It's a small target yet it is in favorable condition for Risk/ Reward ratio so put the SL according to the daily chart. more details will be updated

psumita108

No doubt the script has performed exceptionally well and we are yet to witness more of it but before that we are also going to witness some sort of correct. Market always gives you second chance and you can consider this as one of it. On back-testing the historical records of this script it confirms this bearish move in script. On analyzing the monthly...

psumita108

This script without a doubt has performed well all this years even after gargantuan companies entering it's market it still has managed to stay in it's position and business. This script is near it's all time high which was recorded back in Aug 2018. We'll have to wait to see if this script manages to break herd psychology for the resistance level. We need to keep...

psumita108 Updated 

Here are the levels extracted for the weekly chart system which is one of the most reliable technique for measuring any of the breaking level. R1 will turn into new support level and R2 is acting like new resistance. Look at the level, position according and if accordingly book profits or partial profit if you're more bullish about this stock. Details and buy...

psumita108 Updated 

The circular marked candle stick is acting as a dominant candlestick with it's opening acting as support level and closing acting as resistance. This happens usually when there's clash between bulls and bears to prove there dominance over the trend we also call it as side ways market. This is what you need to understand before taking any position in the market....

psumita108

We have seen that the script has been in the bearish market for a while. From technical perspective, EMA's plays a very crucial role in determining the overall sentiments of the herd. You don't want to trade against the herd, always trading the direction in which they trade in for. TA- price action has crossed the EMA's and took the support which insinuates...

psumita108 Updated 

Details will be updated soon.

psumita108

Divergences are caused when the price action deflects in different direction than the direction it should be moving in. Monthly charts are the best and one of the most reliable chart system to know the direction of the herd psychology. monthly charts shows that the price action is bearish while the MACD lines are saying the complete different story. Divergence...

psumita108 Updated 

There was a breakout that came under my filter with volume supporting the move. As the resistance has been broken with the tremendous force the resistance has turned into a new support line and if there is any pull back than it would be till that level. As I always insinuate on applying the requisite SL to avoid any uncertain move and also use trailing SL so you...

psumita108

If you look at the pattern that has formed from march 2020 till date you'll get to know after the great fall in march there is a constant endeavor for the stock to get away from the range of the gargantuan bearish candlestick that was formed back in march. You'll have to wait before taking any position for this script. Rightnow to have more detailed view if you...

psumita108

The script shows the profit booking and the supply zone at same level from past few months which indicates a flat market for this script in monthly chart system. But there is an opportunity to earn some even when there's a flat market for swing traders the lower low that has formed on the daily chart system is with the low power which has been derived from the...

psumita108

There is a breakout which has been confirmed by the monthly chart, which is one of the most reliable time-frame. You might witness a big move after this or some sort of retest as market always gives another chance to the ones who have lost the first opportunity. To get a bull run or to see higher high than the daily bullish candlestick that has formed near the...

psumita108 Updated 

There's a tremendous momentum that has been witnessed in this script. Here are the level at which the script may face pofit booking and can reverse and move between the new support and resistances range. more details will be updated after studying the brief details about the mass behaviors through candlestick pattern. Hold on!!!!!!!

psumita108

Stock is in the uptrend with weekly chart supporting this run. You can enter the trade once the closing of the candlestick is above the blue line as that bearish candlestick is powerful according to the directional movement system. Do apply requisite SL to avoid whipsaw. more details will be updated.

psumita108

On weekly chart the higher high is made is with or next to no power which can be witnessed on MACD historgram. The stock will remain in correction, best time to look for short position. If you are looking to take a position than you'll have to wait and even I'll update the details if I see best position for going long. Till than wait for the right opportunity....

psumita108 Updated 

price action in the script has formed lower lower but with less power indicated by MACD histogram. Best time to hope in once you look at any bullish candle forming. more details will be updated

psumita108 Updated 

Breakout has been detected on in my filter system with volume supporting the break through but needs a confirmation if the script closes above the resistance line drawn and the opening of the candlestick after that has to be above the new support line (previous resistance i.e blue line). The trending line is drawn according to the weekly chart which is the most...