Popular Today
Popular Today
Popular All Time
Newest
Charts and Videos
Charts and Videos
Charts
Videos

Fibonacci

Fibonacci was an Italian mathematician who came up with the Fibonacci numbers. They are extremely popular with technical analysts who trade the financial markets, since they can be applied to any timeframe. The most common kinds of Fibonacci levels are retracement levels and extension levels. Fibonacci retracement levels indicate levels to which the price could retrace before resuming the trend. It's a simple division of the vertical distance between a significant low and a significant high (or vice versa) into sections based on the key ratios of 23.6%, 38.2%, 50% and 61.8%.

Price tends to come back to these levels before continuing the predominant trend. Fibonacci extension levels indicate levels that the price could reach after an initial swing and retracement. TradingView has a smart drawing tool for Fibonacci retracements and one for Fibonacci extensions that allow users to visually identify these levels on a chart. Both tools are fully customizable and levels can be changed or added.
nano6yogesh nano6yogesh ASHOKLEY, 1D, Short ,
ASHOKLEY: Ashok Leyland – Has the downtrend resumed ?
99 0 2
ASHOKLEY, 1D Short
Ashok Leyland – Has the downtrend resumed ?

Ashok Leyland NSE:ASHOKLEY had a massive fall from 167.5 to 134 levels (I had posted an Idea on May 9 about shorting it) after which it has been moving up for past few days. However, I can see that it faced a strong resistance today at 61.8% retracement of the previous fall, near the previous support-turned-resistance. Took short positions here with a small stop ...

DSKF16 DSKF16 BANKNIFTY, 1D, Long ,
BANKNIFTY: BANKNIFTY: Is DIP Closer to an END?
261 2 8
BANKNIFTY, 1D Long
BANKNIFTY: Is DIP Closer to an END?

Bounce Level : 25610 Crucial Reversal Level 25490. (Closing basis) CUP & Handle Pattern. Near Short Term Trend Line (as Support) Keep in Mind: #1. Closing is Near Fib R 0.50 of "KF" #2. LOW is Median of Parallel Channel. Std, Disclaimer: Education Purpose Only. Taking Trade decision Consult Fin. Advisor.

DSKF16 DSKF16 NIFTY, 1D, Long ,
NIFTY: NIFTY: Is INTERIM Correction is OVER?
189 4 4
NIFTY, 1D Long
NIFTY: Is INTERIM Correction is OVER?

Reversal Zone: 10403 - 10451 Rev. Confrm Zone: 10494 - 10507 Levels mentioned here are Closing Basis or If stays above for 30 mins. Std, Disclaimer: Education Purpose Only. Taking Trade decision Consult Fin. Advisor.

fcsa fcsa ICICIBANK, 30, Long ,
ICICIBANK: ICICI - Probable start of Wave-III
130 0 2
ICICIBANK, 30 Long
ICICI - Probable start of Wave-III

ICICI Bank could be good for short/medium term Long position next week. I had placed a buy order @ 286 (futures) and am holding the position. Daily Chart: Fibonacci levels in the daily chart suggest that Wave-II is at an end and Wave-III could start sooner than later. SL & Targets indicated in the chart 30 min Chart: Money Flow Index in the 30 min chart is ...

fcsa fcsa AMBUJACEM, 1D, Long ,
AMBUJACEM: Ambuja - Price at crucial level
80 4 1
AMBUJACEM, 1D Long
Ambuja - Price at crucial level

Ambuja has hit the 127.2% extension of the drop from 12th September 2017 - 23rd March 2018 This extension level is quite often a reversal point. Correction is possible from here onwards - MFI is below 25 SL could be below 194

marzil marzil RAIN, 1D,
RAIN: Support Zones for RAIN [EW Count, algo targets & more]
60 1 1
RAIN, 1D
Support Zones for RAIN [EW Count, algo targets & more]

Primary Elliot count for RAIN Industries, with algorithmic targets for market makers to close their shorts . Support Range 1: 188-210 Very common for a wave on high degree to retrace at 61.8-65% fibonacci levels. Previous resistance factored into the zone. Prime targets for algorithms and market makers who bought in previous local high to close their short ...

fcsa fcsa TATAGLOBAL, 60, Long ,
TATAGLOBAL: Tata Global - on the way up again?
103 0 1
TATAGLOBAL, 60 Long
Tata Global - on the way up again?

Tata Global has been punished for its latest performance. It now may be time to go long. Take a look at the various time frames in the charts... Traded long ~ 242 (futures price)

DSKF16 DSKF16 USDINR, 1W, Short ,
USDINR: Indian Rupee: Possibility of Strengthen from Here.
175 1 1
USDINR, 1W Short
Indian Rupee: Possibility of Strengthen from Here.

All mentioned on Chart. Disclaimer: Take this information as study/education purpose only. If Useful Like & Share For taking trade decision Consult with your Financial Advisor.

DSKF16 DSKF16 GRANULES, 1W, Long ,
GRANULES: GRANULES: In LOWER Band of Molti-Year Parallel Channel.
183 0 2
GRANULES, 1W Long
GRANULES: In LOWER Band of Molti-Year Parallel Channel.

All mentioned & plotted on Chart. Multiple BOTTOM @ 102 to @ 98 zone. Though Closing above @ 100. traditional Indicator & Oscilators => OverSOLD Notice also in Daily timeframe. Disclaimer: Take this information as study/education purpose only. If Useful Like & Share For taking trade decision Consult with your Financial Advisor.

SafeTrader1976 SafeTrader1976 HDFC, D, Short ,
HDFC: HDFC - Break Out Below Cloud.
139 6 3
HDFC, D Short
HDFC - Break Out Below Cloud.

Trend Line Break Out. Price Below Cloud. Price Below 50 % Fibo. 21 EMA As Resistance. Positional View. Other Details Mentioned In Chart. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.

manavtechresearch manavtechresearch IRB, 1W, Long ,
IRB: IRB INFRA POSITIONAL TRADE
90 0 4
IRB, 1W Long
IRB INFRA POSITIONAL TRADE

IRB IS HOLDING ITS 200-WMA WENT THERE TO REVERT BACK!! 200-WMA IS @233 100-WMA IS @227 20-WMA IS HOLDING TEST OF 100-DMA ON DAILY CHART HOLDING UP FUTURES TRADE IN JUNE CONTRACT BUY @230-235 STOP @220 TARGET 1@248 TARGET 2@258 LOT:2500 SUGGESTED LOTS:2

fcsa fcsa TATACHEM, 1D, Long ,
TATACHEM: Tata Chemicals H&S ?
124 4 2
TATACHEM, 1D Long
Tata Chemicals H&S ?

Tata Chemicals may be forming a Head & Shoulders pattern Additionally the CMP is at a 127.2% extension of the current down wave. This is very commonly observed. It may go down further to 161.8% Overall I consider this a distinctly long opportunity

manavtechresearch manavtechresearch AJANTPHARM, 1W, Short ,
AJANTPHARM: AJANTA WEEKLY CHART BREAKDOWN
52 0 3
AJANTPHARM, 1W Short
AJANTA WEEKLY CHART BREAKDOWN

SHORT AJANTA PHARMA @LEVELS OF 1100 TO 1070 LOOKS LIKE GOING DOWN BROKEN CRUCIAL SUPPORT IN WEEKLY CHART FUTURES IN JULY CONTRACT SHORT @1100-1070-1050 STOP@1150 TARGET 1@1000 TARGET 2@900 TARGET 3 @850 LOT:500 SUGGESTED LOT:3

DSKF16 DSKF16 NIFTY, 15,
NIFTY: NIFTY: What's NEXT? Spot & FUT imp. Level Weekly(14/05/18) Basis
119 0 1
NIFTY, 15
NIFTY: What's NEXT? Spot & FUT imp. Level Weekly(14/05/18) Basis

...... Spot & Future Intraday, Future Weekly Levels Plotted & Mentioned on chart. Due To KARNATAKA Election Result, Volatility may increase. NIFTY Spot: 11084 - 11090, Crucial Before New All Time HIGH. Though Some minor Resistance 10847, 10940 is there. Trade as per Specified level with description. FUTURE Trader must take position with Hedge ...

fcsa fcsa BIOCON, 1D, Long ,
BIOCON: Biocon - Wave-I-Wave-II retracement complete?
156 2 2
BIOCON, 1D Long
Biocon - Wave-I-Wave-II retracement complete?

Biocon time to go long? 1. Daily shows 50% retracement of the rise since 23rd March 2. 30 min 3 Line break and 30 min Renko developing up bricks 3. Fairly tight SL below low of 7th May candle - 612 ...Perhaps after Karnataka election results and the Iran developments (both these are potential time bombs though markets seem to be ignoring it)

Einstein15 Einstein15 PTC, D,
PTC: PTC Head n Shoulders
262 1 7
PTC, D
PTC Head n Shoulders

PTC has been testing the neckline for a while, completing the head & shoulders yesterday with huge leg up. Finding resistance at 382FIB from few weeks. May flag up after two huge candles in last two days. Awaiting a breakout/reversal

akshay.lakhina akshay.lakhina GAIL, 1D, Long ,
GAIL: GAIL Buy Setup
82 0 2
GAIL, 1D Long
GAIL Buy Setup

GAIL has made a bullish candle and formed a base. Now its following the Fib levels as per chart I would buy above 329 for 338 348 and 356 SL 319.8

pratik2358 pratik2358 BSE, 1D, Long ,
BSE: good positive upmove in couple of days !!!!!!!
84 0 2
BSE, 1D Long
good positive upmove in couple of days !!!!!!!

will like to go long in the counter for a positive upmove ! with a STOP LOSS.

Show More Ideas 123456...38
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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
Browse
Video