Details on chart just for study purpose. Don't jump on trade in advance this is just forecast so relax.
In case Nifty breaks 0.618 Fibonacci and goes below 16000 then can consider dip started this has low probability.
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely...
To speak about the fundamental of the company, Sonacomstar is among the Top 10 Global Differential Bevel Gear Suppliers, Among the Top 10 Global Starter Motor Suppliers for PVs, and the Largest manufacturer of differential gears for PVs, CVs & Tractors in India. Sona Comstar has an 8.7% market share in the global market in Battery Electric Vehicle (BEV)...
#USDINR FX_IDC:USDINR . Move prediction for next 1 year. Very interesting double Wolfe waves formed and indicating a possible downside movement. Couple of strong supply zones ahead matching with the Fibonacci ratios.
Following points shows bottom formation of Zensar :
1. Monthly RSI support of 60.
2. Monthly fib. support of 61.8%.
3. Daily RSI bullish divergence.
4. Increase in Volume.
5. Spinning top candle on 1st Aug with high volume.
6. W pattern.
7. Volatility divergence.
Buy at ₹255
SL at ₹ 245
R:R = 1:3
This is for educational purpose only.
Perform your own...
Happiest Minds is one of the fundamentally strong multi-bagger stocks, which has corrected nearly 50% from its all-time high of 1581. It is an IT company, ranked 4 in IT Services which works on disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented...
DO PNB DESERVE A PLACE IN PORTFOLIO?
As everyone is mad with the behaviour of PNB, and with all the projections of it becoming zero, I feel it's my responsibility to add my bits. well PNB is not a stock for weak hearts to stick onto. It has underperformed our banking cycle. with all the boom and busts in the economy, PNB has resulted in losing its market cap. Can...
Godrej Properties is taking support at 0.382 Fibonacci level. Best entry will be near 1329 which is a trendline support as well as 0.50 retracement level.
1st target 1706
2nd target 2003
SL Below 1280 on closing basis which is 0.618 fib level.
Hello guys today after seeing the chart i got these things
1. If goes down then target could be taken at 1000 could be taken as a maximum target
2. Can be down as the Rsi Is also high and in the overbought zone
3. A Trend line is also showing to make a rising wedge and shows up also a sell signal
4. Time Frame :- ! Month
Go Long above 278.2 for Targets of 312.4, 346.6, and 380.8 with SL 244
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Engulfing (marked with...