good zone to go long, but still depend upon how price entry into zone.
Plotted Fibonacci retracement for 2016 lows of 6825 and 7893 with 9100 as highs. 10020 on the downside and 10596 on the upside seems to be crucial levels for markets...so crucial they can decide future trend. Wait and watch...
ITC LOOKING BULLISH AS PER FIBONACCI LEVELS AND HULL STRATEGY CROSSOVER OF SIGNAL LINE TO UPSIDE ZONE. EVERYTHING MENTIONED IN CHART.
Looks like fall is getting saturated at current levels. Not expecting further fall because of earning season started in pharma sector. Declaimer: Not a trading idea. Only for educational purpose.
If any company shares weak, the chart tells you! Tata motors have been investor’s favorite stock since ages but have continued to disappoint with its performance over the past 2 years. The share touched 600 in the Sep 2016 and has been in a continuous downtrend since then. Now here arises 2 questions : 1. Why is it investor’s favourite share? 2. Why it has been...
TCS Cmp -1992 Buy for 2019 SL 1968. SL and Target 20+ points Gud for watchlist
GodrejProp Cmp -489 Positive divergence Can test 506,564 ,618 SL 463. Gud volume near trendline. Watchlist Nifty realty fallen 41% from Jan.Be cautious.
Please stay away from fresh longs for a while.
... levels(Spot & Fut) Plotted & mentioned on Chart.
..... Levels plotted & mentioned on Chart.
Nifty Pharma- My retest support - 38.2% - 8946.
.... detailed on chart
Nifty as per the analysis in the chart could be near a major reversal zone around 11900-11930. Most indicators are overbought and we can also see divergence in RSI. Advise traders and investors to stay cautious and trade with appropriate SL on all long trades. Chances of this happening in early September is very high.
..... levels plotted & mentioned on chart. RBI Credit Policy (04 - 05 Oct 2018): Impact -> Possibilities of increasing Volatility.
.... levels plotted & mentioned on chart.
LT -Near support selling pressure. Short below 1250 for 1167 and 1074. Sl-1283