Pranay Prasun's Threads | Buzz Chronicles

Pranay Prasun
@PranayPrasun

#HDFCBANK Good to accumulate in this range 1260-1300

Looks good against #Banknifty and may outperform as per monthly chart

~Trendline support
~ Previous swing high

Pranay Prasun
@PranayPrasun

#Maithanalloys #dailychart https://t.co/9TEjF684f3

#Maithanalloys #Publicdemand\U0001f600
Highlighted at 560\U0001f525 level and i'm going to cover all major timeframes \U0001f447
~ What next ?
~ When to add ?
~ Immediate target
~ stop loss https://t.co/v1qWY5TrYQ
— Pranay Prasun (@PranayPrasun) July 4, 2021

Pranay Prasun
@PranayPrasun

#POWRGRID why we should avoid such setup even if it's making new high everytime 👇

3. #powergrid
~Already gave multiyear breakout and doubled too\U0001f525
~Bullish price action but looks like overbought to me as per weekly/monthly chart
~Slope height is getting reduced.Near to top
Verdict : Consolidation expected in near term. pic.twitter.com/VVVA8mzR1F
— Pranay Prasun (@PranayPrasun) April 2, 2022

Pranay Prasun
@PranayPrasun

#TATAELXSI Weekly chart indicates we're near top as continuous profit booking . https://t.co/p5b5cYVtRP

Tata elexi
— Sachin Dhingra (@AchinDhingra) March 18, 2022

Pranay Prasun
@PranayPrasun

#ultratechcement #ULTRATECH Good support near 5900-6000
Reversal candidate 🧐

Pranay Prasun
@PranayPrasun

#JUBILANTFOODWORKS Near huge support else we may see precvoid level

ideally we see bounce from here👇

Pranay Prasun
@PranayPrasun

#RADICOKHAITAN
~ I H &S in progress
~ RSI breakout candidate
Target : 1000 (if breakout sustain) +175

Pranay Prasun
@PranayPrasun

How to find reversal in stock market 📉📈 ( Highlighted for both top & bottom) 👇
~ Please like & RT this thread if you find useful 🙏
~ Try to apply below logics in any stocks and post your feedback 🤔

To find top👇(Use Monthly chart)
~Bearish Price action (LH & LL)
~Bearish divergence
~Continous profit booking in every small rise after huge run-up.This indicates consolidation/bearish move in near term.Don't get confuse by breakout in daily chart.
~Huge selling pressure at top

Pranay Prasun
@PranayPrasun

#IEX Shared chart for reference 👇

Pranay Prasun
@PranayPrasun

#NIFTYIT #CNXIT
Date : 18th June
~ H&S Breakdown target almost achieved
~ Looks like it may underperform for another 2-3 weeks

You can refer below thread for other IT stocks.

#WIPRO Monthly chart says good to add at current level
MULTIYEAR Breakout channel retest

#TCS Good to accumulate near 2900 level

#INFY #Infosys Good to accumulate near 1350 as per weekly chart

More pain if weekly closing below 1310

Pranay Prasun
@PranayPrasun

#CNXPHARMA
Date : 27th may

Weekly chart says further consolidation at index level.
Long story short : Index management for next 2-3 weeks

Lets check stock specific action in this thread

#SUNPHARMA Chart says further consolidation . Don't expect any major move in near term

#DRREDDY Can we see 4850 level in near term ?
Reason you guys have to tell me and in what scenario 🧐

#CADILA #Zydus
Typical reversal pattern Price making LL /RSI making HH but one thing is missing
HH/HL pattern 😐

Good to add near 350 for 400

#LUPIN I can see many breakdown in this counter. Sell on rallies (Breakdown retest)

Pranay Prasun
@PranayPrasun

#CNXAUTO Now everyone is bullish on AUTO sector 😀
Time to pause ?
Even chart says the samething https://t.co/1OJTjqp0ay

Are we ready for BOOM BOOM in auto sector ?\U0001f9d0 #CNXAUTO
~ Weekly ratio chart against #NIFTY indicates bottom and going forward it may outperform \U0001f91e
~ Don't expect quick returns as its weekly chart pic.twitter.com/cUaugZBerL
— Pranay Prasun (@PranayPrasun) April 2, 2022

Pranay Prasun
@PranayPrasun

#UNITEDSPIRITS May outperform big time against #CNXFMCG (FMCG index) https://t.co/6xGk0dg5M8

#USL #Unitedspirits #DIAGEO Shared daily chart for reference \U0001f447

Here breakout candle is supported by volume https://t.co/MXsPJMNHDF pic.twitter.com/rTLQhfCXfg
— Pranay Prasun (@PranayPrasun) May 27, 2022

Pranay Prasun
@PranayPrasun

#jubilantfoodworks #Dominos #Dunkin #popeyes Bounceback candidate as its highly oversold.
We may consolidation at current level for any further move. https://t.co/zgs6fyIfAp

#jubilantfoodworks #Dominos #Dunkin #popeyes

I was expecting reversal from 3000-3100 level but didn't work and looks like we may see 2600-2700 level

~ Already booked small loss and waiting for right entry
~ Shared weekly chart for reference https://t.co/OFsuLsYN2z pic.twitter.com/ZUSZcf20OB
— Pranay Prasun (@PranayPrasun) February 19, 2022