BSE:MARICO shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover
Target 1: 553.40
Target 2: 562.30
Stop Loss: 535.25
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
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CROMPTON | Channel + Pivot + 200 EMA supports - 10-15%
CMP : 446
SL : 425
Target : 495, 535
Almost 1:3 risk reward setup for 1st target
Second target is based on Fib
wih this wonderful support of fibnocci 61 level
it is versy strong , to go through
this month cnxpharma is also taking support
so we can hope this 500 level target
RIL ind looking good before results. A long term trend line break out on 4H charts and taking support on 61.8 fib levels and 50 EMA showing a great buying on those levels. A perfect confirmation for if closes above 200EMA. WE can buy at cmp and can see a target of 2034 and 2082 with a SL of 1976. RSI above 60 showing a momentum bias for the same and a positive RSI...
NIFTY | Recovered 50% from the Wednesday fall. Lets try to catch up a 70 points.
CMP : 12970
SL : 12930
Target : 13070
Fib is just used to track the recovery percentile.
1:2+ risk reward setup
Today Nifty opened gap up and invalidated assumption of impulsive down moving Elliott wave.
At gap up 11248 it confirmed since wave 4 touched wave 1 now its forming a wedge or parallel channel.
Where wave 4 should end near 11268 which is 0.618 fib level. Next fib 0.786 11311.
Stop loss 11325
Resistance 11270-85 will be difficult to cross.
Wave 5 should start...
Hi all,
Adani gas is in consolidation mode.. expecting one more touch @ the level of 96 rupees..
Price swings past 21 days between 11 rupees...
It shows consolidation..accumulation zone...
As per chart it will go...
Trade with stop loss....
Bank Nifty has formed symmentric Triangle pattern formed..
This will move either down side or upside & important thing is support and resistance are perfectly matching with Fib 1.618 level..
Still 2 days remaining for weekly Bank nifty expiry.. Surely there will be 1800 volatile.
As per my calculation it may bullish trend...
Vedanta Chart formed Bullish Pennant.
Entry 168.4
Stop Loss - 165.65
Target.. 175
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