traderparag

traderparag

DCB Bank has given positive signal on our proprietary fundamental + technical indicator. It could double from current levels of 130-135 to 260-270 within 12 months.

traderparag Updated 

US100 looks poised for a 1:3 risk:reward trade on 15 minutes chart. It needs to close below 20EMA to be confirmed. Stop Loss indicated on chart.

traderparag

Bajaj Finance could easily be heading for 5500 levels at least, if not lower...

traderparag Updated 

Many technical parameters have indicated that Firstsource Solutions Ltd (FSL) could double from current levels of around 120-130 to at least 240 within 1 year. Multiple TA indicators have aligned together, including volume increase between 9May23 to 14Jul23. It is a medium to long term buying opportunity for upto 100% gains with a Stop Loss (SL) of 112 (15%...

traderparag Updated 

AUDUSD appears to be getting ready for a Short opportunity with a good Risk:Reward ratio. Cross of 200 EMA from above will be a confirmation. Watch out for the same.

traderparag Updated 

INFY could be registering a new Lower High(LH) & then possibly go down and make a new Lower Low(LL). I'll be watching it closely for a possible reversal & then trade on the way down from 200EMA.

traderparag

AUDUSD could present with a short opportunity if it breaks below 1000 EMA on 4 hrs chart

traderparag Updated 

AUDUSD looks strong - Risk Reward ratio is favorable here.. If price goes below 200 EMA & is unable to come up again, we will come out of this trade, or else pull backs to 200 EMA is only an opportunity to add/enter.. 2 Targets are mentioned on chart...

traderparag Updated 

USDJPY is stuck in an important Support zone (on Daily/Weekly) - if it breaks above the same - and also above 200 EMA on 15 minutes, it can be bought on a pull back..

traderparag

Wait & Watch for now - however, break of the Weekly trendline could make USDJPY week, but a bounce back above the trendline would mean good upside..

traderparag Updated 

Although the recent fall in Yes Bank is purely due to the news and hence is fundamental, charts are showing the important Fibonacci levels Yes Bank has been touching on each of these falls in the past 3-4 weeks. If Yes Bank is to fall any further from here, then 78.6 levels (120) is on the cards, however, it is highly unlikely and most probably we would see a...

traderparag

BTCUSD - looking weak on Daily...

traderparag

AUDUSD could touch .6800 - as per MACD bearish strength and the trend-line support on Weekly charts. After which, I would wait for the 3 bar reversal and expect the next leg up...

traderparag Updated 

AUDUSD looks poised for 50-60 pips upward move minimum... Stop Loss and Target lines are based on Weekly candlestick, whereas Entry now is based on Daily & other lower charts..

traderparag Updated 

AUDUSD has talen support at 50 EMA on 15 mins and the same range is also pivot point of hourly chart - .69100 - which can be the Stop Loss. Target can be a new high on Hourly & 15 Min chart - as shown - around .69360 - which is also 200EMA area on Hourly chart..

traderparag Updated 

Aurobindo Pharma is another great company one should have in their investment portfolio and this is a very good time to buy/add this stock around 580-600 levels. Expecting it to give 20% + returns annually from here and wouldn't be surprised if it is much more than that..

traderparag Updated 

Price could retrace back a little here, which could be an ideal place to short with lower risk.. however, also watch price action and enter only on confirmation by an impulse on downside as price reaches upper side of trendline..

traderparag Updated 

Lupin is one of the top Pharma companies with an excellent Balance Sheet, Sales Revenue growth and a very good future. From long term investment point of view, this is an excellent company to have in your portfolio and current levels of 1250 are an excellent entry. One can add more if it dips further as this stock itself promises to give 20% + returns within or...