DSKF16
Long

TCS: FANTASY of FIBONACCI

NSE:TCS   TATA CONSULTANCY S
529 13 23
TCS: FANTASY of FIBONACCI

Some Fibonacci FACTS: (R => Retracement)
C = Fib R 0.701 of AB, (Median of 0.618 & 0.786)
D = Fib R 1.618 of AB
E = Fib R 0.771 of CD, (Near 0.786)
F = "Fib R 1.272 of CD" & "Fib R 1.93 (Near 2.0) of AB"
G = Fib R 0.84 of EF, (Near 0.886)

Projected "H" = 2768.25
F = "Fib R 1.13 of EF" & F = "Fib R 1.414 of CD"

Extended H = @ 2819 to @ 2855
"Fib R 2.272 of AB", "Fib R 1.618 of CD" & "Fib R 1.272 of AB"

Ext. H = @ 2819 to @ 2855
Projected "I" = #1. @ 2493.15 (Projected 0.618 Fib R of "GH"),
Projected "I" = #2. @ 2418.35 (Projected 0.786 Fib R of GH             )
If Two Condition Fulfilled.
Condition #1: "H" Must Reach to NEAR @ 2768.25
Condition #2: As Thumb Rule "HISTORY REPEATS".
If we see in Previous Three Instances,
ONE is "A-B-C", where C = Fib R 0.701 of AB, (Median of 0.618 & 0.786)
SECOND is "C-D-E", where E = Fib R 0.771of CD, (Near 0.786)
& THIRD is: "E-F-G", where G = Fib R 0.84 of EF, (Near 0.886)

Projected Extended "I" = @ 2373.85 (Projected 0.886 Fib R of "GH")

Though I use Point "G" on today's LOW @ 2325.50 ( Rs             . 2.40 Higher Than LOW of 30 th             JUN 2017)
for better configuration of the Chart.
Go LONG / BUY: Aggressive upto +0.50%
BEST LONG: HZ #1 & @ 2304.80 (Much Attractive Level)
SWING / Positional Levels Given Below:
RES (Weekly): Phase - I : @ 2348, @ 2357.95 -@ 2365 HZ #1), @ 2383.90, Phase - II : @ 2400, @ 2410 - @ 2417.6 (HZ #2), 2437
SUP (Weekly): @ 2316, @ 2306 - @ 2299 ( BZ             #1), @ 2280.
Clarification of Giving SUPPORT Levels:
as "G = Fib R 0.84 of EF," but Nearer Fib R Ratio is 0.886,
to Fulfill the Criteria STOCK may HIT @ 2304.80


FnO STRATEGY UPDATED LATER along with Intra / SWING / Positional Levels.

If Helpful, Post Comment.

Needs LIKE for Motivation.

Disclaimer: Only For STUDY.
For taking Trade Decision Consult Financial Advisor.
Daily Chart witnessing UP trend.

Trade active: LTP: @ 2402+
made a HIGH @ 2407
Achieved All TGT of mentioned "Phase - I" & TGT #1 of "Phase - II"
Trade closed: target reached: TILL MOW + 4.4%
"Is it is FANTASY !!!"
LTP: @ 2437 (In FUT) at 1.55 pm
Made a HIGH @ 2449+
Achieved All TGT of mentioned "Phase - II"
Comment: "FANTASY of Thumb Rule."
LTP: @ 2480 at 2 pm
Made a HIGH @ 2514.80.
VIEW Provided in WEEKEND @ 2331.
Watch correction LEVEL @ 2493.15.
(In Uptrend RES. & in DN Trend SUP)
Today Crossed & Now traded Just Below.
Going as expected. !!!!
Reply
DSKF16 RaMb0
Reply
Interesting, Thanks.
Reply
Good work bro. Seems to be a good fitment of the pattern.
Will be good to know if actual fits this prediction.
Reply
DSKF16 umangrdoshi
@umangrdoshi, Market is Place of Probability. We can predict using Techno-Fundamental Tools. To trap retailers or to create Panic may Trade nearer 2300 Level.
Reply
awesome bro.. Support Level Pretty Strong and i am Believe in History will repeat bcoz i m GOT Fan :)
Reply
DSKF16 srinivas_dee
@srinivas_dee, @pk29121976,Thanks, I have tried my best.
Reply
great observations n analysis
Reply
DSKF16 pk29121976
@pk29121976, Thanks.
Reply
Good study
Reply
English (IN)
English
English (UK)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out