1) Triangle pattern 2) Flag pattern 3) Volume pattern 4) Fib entrancement of 61.8 5) Earnings ahead , all indicating a big move ahead . My view is for upside I do not see further downside. from these levels.
NSE:VBL shows strong buy indicated by PSAR, MACD & Fisher crossover. Target 1: 1135.55 Stop Loss: 1028.30 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here....
1. Clear break of trend on the Weekly 2. 3rd touch on the daily red support trendline 3. As the weekly candle closes, if the new candle does not break the 618, this is a clear entry for the bullish side
1. A clear break of trend on the daily for the downside 2. The market is completing its retracement with it hitting the 618 on the fibs 3. Also have an engulfing bearish candle in current market
Hi Traders This is an good opportunity for both buyers and sellers. As price is corrective than sellers can short sell here for quick profit. Investors can wait for the correction as they will get the buy the stocks as much cheaper price. Anyway as i said in the chart this is an corrective structure. Form the looks like it is an flat structure so its should...
This is Monthly Timeframe. Finally ITC is showing some strength, sell-off started in July 2017 and it fell more than 60% from it's all time high and made a bottom in March 2020. And after that it started a retracement, but the retracement have crossed the 0.50 fibo level, and now approaching the 0.60 fibo level, that means it not a retracement anymore. It may...
Gail on a weekly time frame has crossed it resistance level and has closed above it. The stock looks bullish and can make new ATH. Daily time frame, there is a crossover of the moving averages which give another confirmation of a bullish rally. Support :- 165, 160 Resitance :- 170, 177 The resistance are taken from the fib levels and previous high. Wait for...
NIFTY 50 couldn't break the trendline and is looking weak with an evening star pattern on the weekly timeframe. With HDFC Bank and INFY results missing estimates slightly, this can add to the trend. One can short once an hourly candle closes under 17420 for Targets of 17350,17250 and 17030 with and SL of 17560 giving a RR of 1:3.
NSE:BANKNIFTY Hi This is an continuation forecast for nifty . Please follow us with likes and comments. Thank You Wave Forecast
Hello Traders! Thought target is for 80% the RR ratio in this trade is 5 which more than enough. Entry can be taken at CMP. It's the ideal place as price has given trendline breakout and closes above the 6ma. SL is small, 15%. This can give a quick profit. For more queries regarding any trade I posted, comment below.
NSE:DABUR Stock -> Dabur TimeFrame -> Weekly Hello all! Dabur has been traveling in a channel since May 2017. It is now again at the lower end of the trendline and thus it makes for a good opportunity to go long from here! There are multiple other factors apart from the usual price action: 1) Stock is in its support zone. 2) Stock has taken a bounce off of...
Bitcoin is trading around a crucial fib level on a weekly time frame of 41390 (0.50 fib level). It seems bullish on higher time frames of weekly as it has taken support form 0.382 fib level, for swing trades we can enter is a 4 hour candle closes above 41500. On daily time frame analysis, it is forming a lower highs and lower lows and has given a cross over of...
Overall it is in a downtrend. Market came back to my 61.8 entry area. And it’s rejecting on the zone. It also broke trend on a lower time frame to short
TL:DR - explained by lines and numbers Support and Resistance, 0.5 important Fibonacci level for BTC. Prior to this the golden pocket zone was more prevalent however things have changed since the March 20 crash it seems. Happy to provide a chart analysis if requested. Otherwise this is how I see BTC playing out, it's only what I see so wouldn't dare to call...
NSE:GAEL shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover Target 1: 313.80 Stop Loss: 243.95 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be...
Fibonacci retrenchment is universily verified thought that no body moves continuosly but it takes break in journey and this rule is more valid in the share market , there are so many Fibonacci percentage but I use Only three that is 0% 50% &100% . If any stock price touch to 0% and 100% it must move if there is no news...first axit at 50%. Currently this stock...
BAJAJELEC | Trendline breakout - Looks potential for 10-15% CMP : 1140 (Dip : 1100) SL : 1070 Target : 1240, 1320 1:2 risk reward setup for first target
NSE:BEL shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover Target 1: 226.55 Target 2: 232.85 Stop Loss: 217.50 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our...