ParimalDevnath

ParimalDevnath Jul 12, 2018

Long call given on 10th July-- partial target is achieved. One should be contented even if 50 percent of the target is achieved.

ParimalDevnath Jul 12, 2018

Short call given on 11.7.18, target is met. I have huge difficulty in this platform. So I shall publish my own site soon.

ParimalDevnath Jul 12, 2018

Long Call given on 11.7.18 is triggered. One may hold on to achieve target.

ParimalDevnath Jul 12, 2018

Buy 1403-5, Trgt 1425-30, SL 1395. Rationale: About to breakout at and above 1400, non-tainted bank, strong bullish chart, Multiple breakouts. Today trade did not trigger. So it is repeated.

ParimalDevnath Jul 12, 2018

SL triggered. I shall come out with my own site in a month time.

ParimalDevnath Jul 12, 2018

Target achieved. I have lots of limitations here. I shall come out with my own site in about a month time.

ParimalDevnath Jul 11, 2018

Breakout point and hesitating at the inflexion point. Bulls have bulls huge long positions at 10600, 10700, 10800 strikes, It is to be noted that today bears have increased their position at 11000 strike adding huge Calls. So Nifty is to face tough resistance now.

ParimalDevnath Jul 11, 2018

Buy 1403-5, Trgt 1425-30, SL 1395. Rationale: About to breakout at and above 1400, non-tainted bank, strong bullish chart, multiple breakouts.

ParimalDevnath Jul 11, 2018

Sell 580-83, Trgt 561, SL 486. Rationale: Downtrend, risen to resistance of 50 DMA, 580 the highest Call OI is strong resistance.

ParimalDevnath Jul 11, 2018

Buy 290-92, Trgt 300, SL 288. Rationale: Breakout from consolidation, bullish industry and scrip.

ParimalDevnath Jul 10, 2018

It seems Nifty is about to breakout. If this happens, target could be the previous high at 11161. OI study indicates that Bulls are overconfident at strikes 10600,700 and 10800 with huge additions today of Puts. Bears are lying low at 11000 Calls. Let us see how this pans out.

ParimalDevnath Jul 10, 2018

Sell at 1371-1375. Target 1345. SL 1385. Rationale: Down trend. 50 DMA is the resistance. OI steep resistance is at 1400 Call strike. Mild support at 1340 Put strike.

ParimalDevnath Jul 10, 2018

Repeating the trade. Buy at 830-834. Target 860+. Sl 818. Logic: 200 DMA may tell us that correction is through, Positive Divergence, 800 Put is the highest OI so this is a firm support.

ParimalDevnath Jul 10, 2018

Buy at 2147-49. Target 2190. SL 2139. 2200 Calls is the highest OI, so this level is the steep resistance. Rationale: Stock in the habit of multiple breakout, one more breakout is possible, one of the just a few non-corrupt banks having not much of nagging NPA issue, strong bull market.

ParimalDevnath Jul 10, 2018

First target of Dabur is achieved. One may like to book profit. It is important to have the profit in the pocket and not on the screen.

ParimalDevnath Jul 10, 2018

Gone out of hands! Expected. Please don't trade if given levels are not available. Because level are given with attractive Risk-Reward Ratio with reasonable SL. The buy price is yet to be known and it will be declared on 12of this month. Till then there is going to be lot of insider trading.

ParimalDevnath Jul 10, 2018

Price once more at resistance. Crucial point to breakout or correct.

ParimalDevnath Jul 9, 2018

Bulls taking good spirit from 50 DMA. Rose 80 points and held the same. Bulls are adding huge position at 10600 and 10700 Puts. Bears are stable at 11000 Calls. So Nifty may come to test the swing high at 10920. This is the breakout point as well as resistance zone.