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Fibonacci

Hero MotoCorp: Wave 1/A Hits Key Target ZoneHero MotoCorp has been advancing strongly from its March 2025 lows. The rise has unfolded as a clear 5-wave move, now labeled as Wave 1/A, which has just entered its 100.0%–161.8% extension zone of Minor Wave 1. Along the way, Wave 4 held support at the 38.2% retracement of Wave 3 , confirming the impulsive structure. RSI is now in the overbought zone, hinting that this leg may be nearing exhaustion. Looking ahead, two scenarios emerge: If this rally is Wave 1 , the next step would be a corrective Wave 2 pullback before a strong Wave 3 rally . If it is instead Wave A , then a Wave B retracement could follow before a final Wave C push higher . Either way, the immediate focus should be on how price reacts inside this blue target zone. A correction (Wave 2/B) is the natural expectation, with the larger 3/C rally still on the horizon. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:HEROMOTOCOLong
by WaveXplorer
ULTRACEMCO: Wave C started from strong Fib clusterULTRACEMCO – Daily Chart Analysis 🔹 Base Point: The count begins from the low made on 3rd March 2025. 🔹 From this low, the price moved up in the form of a clear impulse wave, completing a 5-wave structure. 🔹 This was followed by a corrective fall, retracing 61.8% Fibonacci of the prior impulse. ⚡ Correction Phase: The decline is counted as an ABC Flat correction (red). Within this, the C wave extended fully to the 100% Fibonacci projection. At this point, we observe a strong cluster zone formed by the 61.8% retracement and 100% extension, indicating confluence and potential support. 📈 Current Development: From this support, the price has begun to move up again, showing the characteristics of a fresh impulse. The overall structure fits into a larger Zig-Zag correction, where Wave C is still under development.⏳ 📝 Summary: ✅ Impulse up (5 waves) ✅ Flat correction (A-B-C) complete at Fib cluster 🚀 Wave C of Zig-Zag unfolding #ULTRACEMCO #NSEStocks #ElliottWave #Fibonacci #WaveAnalysis #TradingSetup #PriceAction
NSE:ULTRACEMCO
by theprofityogi
Nifty Short Entry Based on TRIPLE CROWN Theory combining specific Fibo Retracement level, identified areas that can be used to go short in NIFTY range to go short is - 25160 to 25000, which got triggered yesterday, let us go for short till yesterday's high is not breached target will be 24760 and 24600 and then 24340 stop can be placed 25000 this trade is purely based on entry when the price falls in TCZ (The Triple Crown Zone), which is price zone based on FIBO RETRACEMENT LEVELS IN A SPECIFIC ORDER note :- more then entering the trade it will be more interesting to understand this theory and its impact if price stays in TCS zone today and how it reacts here on stay tuned have a good day to all
NSE:NIFTYShort
by sankhyainvestments
1
Axis Bank: Zigzag Ended at 1.618, Diagonal Structure in PlayAxis Bank topped out at its all-time high (₹1,339.65) before entering a sharp ABC correction. Wave A fell to ₹1,124.30 Wave B retraced to ₹1,281.65 Wave C declined to ₹933.50, completing exactly at the 1.618 projection of Wave A from Wave B — a classic Zigzag termination. This precise completion at 933.50 set the stage for a potential new bullish cycle. From that low, Axis Bank has advanced in an overlapping fashion, typical of a Leading Diagonal. Price is now consolidating within Wave 4, unfolding as a complex W-X-Y-X-Z correction, hovering in the 0.5–0.618 retracement zone of Wave 3 (₹1,050–₹1,086). The invalidation level is ₹1,032.35 (Wave 2 low). As long as this holds, the bullish diagonal count remains valid. If Wave 4 is indeed complete, the next move would be Wave 5, with potential to break past the swing at ₹1,238.70 and eventually retest the ATH of ₹1,339.65. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:AXISBANKLong
by WaveXplorer
Adani Ports Maintains Bullish Momentum, Nears Resistance at Key Topic Statement: Adani Ports is riding strong bullish momentum after rebounding from a key retracement level, now approaching stiff resistance near a distribution zone. Key Points: 1. The stock retraced up to the 50% Fibonacci level and has since moved up to the 23.6% level, showing renewed strength 2. Price faces stiff resistance at the 1500 mark as it enters a known distribution zone 3. The stock rarely trades below the 200-day EMA, and such dips have historically offered excellent accumulation opportunities
NSE:ADANIPORTS
by yogeshwar
BPCL Long Trade Setup: 3:1 Risk/Reward Reversal Play Analysis BPCL has shown a potential reversal after a significant downtrend, with a clear break of structure and liquidation of sell-side liquidity. The chart marks a key Fair Value Gap (FVG) entry zone, aligning with a bullish momentum confirmation and a strong recovery from recent lows. Trade Parameters: • Entry: After confirmation from FVG/volume imbalance area • Stop Loss: ₹306 (below recent swing low for risk protection) • Take Profit: ₹360 (targeting next key resistance zone) • Risk/Reward Ratio: 3:1 Disclaimer This idea is for educational purposes only and does not constitute financial advice. Trading involves risk—always do your own research and consult with a professional advisor before making trading decisions. Past performance is not indicative of future results.
NSE:BPCLLong
by abhishekm894
1
Fibonacci Retracement Explained: Smarter Entries & Exit Zones🔹 Intro / Overview Fibonacci retracement highlights potential support and resistance zones during pullbacks. By mapping ratios between swing highs and lows, traders can structure trades, plan entries, and manage risk — not predict the market. 📖 How to Use 1️⃣ Identify Swing Points – Draw from recent swing low ➝ swing high (or reverse for downtrend) 2️⃣ Watch Key Levels – 23.6%, 38.2%, 50%, 61.8%, 78.6% 3️⃣ Confirm with Price Action – Candle closes above/below key levels = stronger signal 4️⃣ Plan Stops & Targets – Use Fibonacci zones or swing points 5️⃣ Enhance Reliability – Combine with trendlines, moving averages, or candlestick patterns 📊 Chart Explanation (Step-by-Step) The chart demonstrates a possible long setup using Fibonacci retracement: Point A (Swing Low) : Starting point of the retracement Point B (Swing High) : Endpoint establishing Fibonacci ratios Point C (Chart Confirmation) : Swing low confirming levels are relevant Point D (Potential Invalidation) : Price dips near 38.2%–61.8%; closes below could invalidate Point E (Entry Zone) : Successive closes above 78.6% confirm entry 🔍 Observations Price respected multiple Fibonacci zones (38.2%, 50%, 61.8%) Swing highs/lows defined the structure Yellow path = past trend movement Blue path = potential reaction for illustration only 📌 Trade Management Stops : Just beyond Fibonacci zones or swing points Targets : Next Fibonacci level or previous swing high/low Reliability increases when combined with other confirmations ✨ Key Takeaways ✔ Fibonacci is a guide, not a prediction ✔ Candle closes near levels strengthen entries ✔ Stops & targets can flex with Fibonacci or swing structure ✔ Always use confluence for decision-making ✅ Conclusion Fibonacci retracement is a visual framework to time entries and exits with discipline. Combine it with other tools for stronger setups. ⚠️ Disclaimer: For educational purposes only. Not financial advice.
NSE:NIFTYEducation
by MarketAlgoBot
1
Gold Plan 15/08 – Captain VincentBackground Yesterday, Gold revisited the BUY Scalp – Quick Boarding 🚤 (3332 – 3334) zone and bounced 140 pips. This is the second consecutive day the zone has shown strong reaction, but today its support strength may weaken. The main H1 trend is leaning bearish , so the priority is to look for sell setups at major resistance zones. Zone 1 – Storm Gate 🚪 (Main Sell Zone – SMC Supply) Entry: 3,355 – 3,357 SL: 3,361 TP: 3,351 → 3,347 → 3,342 → 33xx Note: SMC Supply zone confluenced with Fibo 0.5 – 0.618. Wait for strong price reaction before entry. Zone 2 – BUY Scalp – Quick Boarding 🚤 Entry : 3,332 – 3,334 SL: 3,327 TP: 3,336 → 3,339 → 3,342 → 33xx Note: This zone has reacted twice in a row. Today, only use for quick scalps, avoid holding for long. Zone 3 – Deep Harbor 🏝️ (Main Buy Zone – SMC Demand) Entry: 3,290 – 3,292 SL : 3,284 TP: 3,296 → 3,300 → 3,304 → 33xx Note: Deepest support of the day. Buy only if price drops sharply and clear reversal signals appear. Today’s Scenarios If price tests Storm Gate → Look for short-term sells in line with the downtrend. If price breaks below BUY Scalp → Wait for a retest to sell further, as there’s a high chance of filling the previous Fair Value Gap. If price reaches Deep Harbor → Attempt a bottom buy, but keep profit expectations short since the overall trend is bearish. Captain’s Note: "Today, the golden sea has strong waves and heavy winds. The captain will set sails at Storm Gate to catch the downwind move. Deep Harbor stays open, but will only anchor if the skies are clear. BUY Scalp is like a speedboat – fast, sharp, decisive." 🏴‍☠️📉 Captain’s Friday Warning ⚠️ "It’s Friday – the wildest day of the week. Trade carefully, manage capital tightly, and protect your treasure chest. The weekend is long; don’t let one impulsive move sink the ship." ⛵💰
OANDA:XAUUSD
by CaptainVincent
Gold Plan 14/08 – Captain VincentGold Plan 14/08 – Captain Vincent ⚓ Background Yesterday, Gold touched the Sell Scalp zone and cruised smoothly for 220 pips 🎯. However, it failed to break the previous Buy Zone and is now maintaining a bullish structure on the H1 chart, with higher lows forming. Today, the market may move slower as traders await the US PPI data , so each entry point must be taken with caution. Zone 1 – Golden Harbor 🏝️ (Main Buy Zone – SMC Demand) Entry: 3,334 – 3,332 SL: 3,327 TP: 3,338 → 3,342 → 3,346 → 33xx Note: This is the main buy zone, aligned with the SMC Demand Zone. Enter only if there’s a clear reversal signal (Pin Bar / Engulfing) on M15/H1. Zone 2 – Storm Breaker 🌊 (Sell Zone – SMC Supply) Entry: 3,398 – 3,400 SL: 3,407 TP: 3,394 → 3,390 → 3,386 → 33xx Note: Strong sell zone. Watch price reaction before entry. Prefer partial profit-taking along the way. Today’s Scenarios If price tests Golden Harbor → Wait for pin bar or engulfing, then Buy in line with the uptrend. If price approaches Storm Breaker → Look for short-term sell setups on reversal signals. If price stays in the mid-range → Stay on the shore, save energy for the golden moment. Captain’s Note: "Today, the golden sea still rides the bullish tide, but the PPI winds may shift without warning. Keep the helm steady, and anchor only at safe harbors." 🏴‍☠️📈
OANDA:XAUUSD
by CaptainVincent
Gold Plan 13/08 – Captain VincentGold Plan 13/08 – Captain Vincent ⚓ News Background 📊 Gold is holding steady near $3,350/oz after the US July CPI release. Headline CPI : 2.7% (below forecast of 2.8%) 📉 Core CPI: 3.1% (up from 2.9%) 📈 ➡ This cools down inflation fears from tariffs and increases the probability of a 25 bps Fed rate cut in September , which is bullish for Gold. Key factors to watch: 💼 Market awaiting more data: PPI, jobless claims, retail sales. 🔍 Tariff drama: Trump says no tariffs, but US Customs just listed 1kg & 100oz gold bars under taxable imports. 🌐 US extends the trade truce with China for another 90 days. 🕊 US–Russia talks on Ukraine scheduled for 15 Aug in Alaska. News conclusion: Lower-than-expected CPI + higher Fed cut chances = Gold remains positive. But tariff and geopolitical risks must be tracked closely. Yesterday’s Action (12/08) Gold tapped the Buy Scalp – Quick Boarding 🚤 zone and bounced ~290 pips . However, it failed to break decisively above the zone and moved sideways around support. Technical Plan – 13/08 1. Sell Scalp – Quick Boarding Reverse ⚓ Entry: 3,374 – 3,376 SL: 3,382 TP: 3,368 → 3,362 → 3,355 → 3,3xx Reason: Short-term resistance, suitable for quick sell scalps when price retests higher. 2. Sell Zone – Storm Breaker 🌊 Entry: 3,405 – 3,406 SL: 3,411 TP: 3,395 → 3,385 → 3,375 → 3,365 Reason: Major resistance zone aligned with previous highs and trend channel. Scenarios: Price likely to rise from current sideways range to test either Sell Scalp or Storm Breaker. Priority: Sell if reversal signals (pin bar, engulfing) appear on M15/H1 at these zones. If price breaks above Storm Breaker and holds above 3,411 → cancel sell plan, wait for new structure. Captain’s Note: "The CPI wave has anchored the Gold ship near 3,350. Today, the crew is ready to set sail towards Sell Scalp and Storm Breaker, waiting for the winds to shift for a profitable turn." ⚓🌊
OANDA:XAUUSD
by CaptainVincent
TransRail: Cup & Handle Breakout Setup | Key Levels & TargetsTransRail has recently formed a textbook cup and handle pattern, signaling a potential bullish breakout. The stock showed strong momentum after retesting the breakout zone and is currently consolidating near key resistance. Key Points: • Cup Formation: Evident over the past months, indicating accumulation. • Breakout Levels: First breakout candle confirmed; price now approaching resistance at ₹830.25. • Buy Trigger: Entry above ₹830.25 for bullish confirmation. • Fibonacci Targets: Next potential targets at ₹888.35 (1.13 Fib), ₹945.25 (1.41 Fib), and ₹986.30 (1.618 Fib). • Stop Loss: Maintain SL at ₹777.15 to manage risk. • Volume: Strong earnings volume supports the setup. Watch for sustained volume and a decisive move above resistance for confirmation. Add TransRail to your watchlist for a potential swing trade opportunity!
NSE:TRANSRAILLLong
by TradeTravel_Explore
Paradip Phosphates Ltd (NSE: PARADEEP)Paradip Phosphates Ltd has delivered a massive 180% return in recent months, rallying sharply from its previous lows. The price has now reached the critical 0.618 Fibonacci extension level at ₹218, where some profit booking may occur. Key levels to watch: • Resistance: 0.786 at ₹234.90, 0.886 at ₹244.93 • Support: 0.382 at ₹176.31, 0.5 at ₹158.53, 0.618 at ₹140.74 • The price may retrace towards the 20 EMA as momentum cools off. • Strong recent earnings momentum (+464% EPS YoY), but caution is advised in the short term after such a steep rally. Disclaimer: This post is for learning possible,Not an investment advice. Do your own research before making any trading decisions.
NSE:PARADEEP
by TradeTravel_Explore
BTC Head & Shoulders Alert – Possible Breakdown!🚨 BTC Head & Shoulders Alert – Possible Breakdown! 🚨 Bitcoin is showing a clear Head & Shoulders pattern on the 15m chart. Price is hovering near the $118,500 neckline, with sellers trying to push lower. 🔹 Key Levels: Pattern: Head & Shoulders – bearish reversal setup Breakdown Zone: Around $118,500 Immediate Support: $117,637 Major Target: $116,605 (measured move from pattern) Invalidation: A close above $118,913 could flip bias bullish 📌 Plan: Watch if BTC sustains below $118,500. If confirmed, bears could aim for $117,600 and then $116,600. Bulls need to reclaim $118,913 to negate the setup. #Bitcoin #BTC #CryptoTrading #HeadAndShoulders #BTCAnalysis #PriceAction #CryptoSignals #BitcoinPrice #TradingSetup #CryptoCommunity #DayTrading #TechnicalAnalysis #CryptoMarkets
CRYPTO:BTCUSDShort
by FinanciallyFreedomTrader
EID Parry - Inverted Head and Shoulder - BullishEID Parry is one of the top fundamental company in sugar industry. And EID parry is among the Murugappa group of companies. One should watch Murugappa group of companies. They are all very good. Seeking to curb carbon emissions, India aims to increase the share of ethanol in gasoline to 20 percent by 2025-26, from 13 percent -14 percent now. Indian sugar mills such as E.I.D.-Parry Balrampur Chini Mills Shree Renuka Bajaj Hindusthan and Dwarikesh Sugar have increased their ethanol production capacity in the last few years. After reaching Cup & handle target, stock just completed correction cycle and now made inverted head and shoulder bullish pattern. Head height of 230 points is the target after breakout which comes around 1015 where Pivot R3 also there in daily timeframe. Weekly RSI has made double bottom and is looking good. MaCD is on the rise. Volume was good on breakout on Apr 15 making inverted head and shoulder bullish pattern in daily timeframe.
NSE:EIDPARRYLong
by naraykln
renderwithme | NIFTY-50 for the week of August 11–15, 2025The Nifty 50 index, a benchmark for the Indian stock market, is expected to exhibit cautious and potentially bearish behaviour for the week of August 11–15, 2025, based on recent market trends, technical analysis, and macroeconomic factors. Below is a detailed analysis for the upcoming week # Current Market Context Recent Performance: As of August 8, 2025, the Nifty 50 closed at 24,363.30, down 232.85 points (-0.95%), reflecting a bearish sentiment driven by foreign fund outflows and US-India tariff tensions. The index has been trading within a descending channel, characterised by lower highs and lower lows, indicating short-term weakness. Technical Indicators: Weekly Chart: A candle formed on the weekly chart, signalling market Bearish. Confirmation of this pattern could indicate further consolidation or a directional move. Moving Averages: The Nifty is below its 21-day EMA, suggesting bearish momentum. The 5-day SMA and EMA are around 24,843.75 and 24,865.11, respectively, acting as resistance. RSI and MACD: RSI is in the 35–40 range, indicating oversold conditions, which could signal a potential short-term bounce. MACD remains bearish, reflecting sustained selling pressure. Pivot Levels: Key resistance is at 25,600–25,925, with immediate support at 23,250–23,400. A break below 23,200 could push the index toward its 200-day DMA (~23,900). Market Sentiment: Sentiment is cautious due to:FII Outflows: Foreign Institutional Investors (FIIs) sold equities worth ₹4,997.19 crore on August 7, 2025, exerting downward pressure. Domestic Institutional Investors (DIIs) countered with ₹10,864.04 crore in buys, providing some support. Global Cues: Mixed global market performance (e.g., NASDAQ down 2.24%, Dow Jones up 0.29% on August 4) and US tariff hikes on Indian imports are weighing on sentiment. RBI Policy: The upcoming RBI policy decision could influence market direction, particularly if it addresses interest rates or liquidity measures. Nifty 50 Forecast for Next Week (August 11–15, 2025)Based on available data, here’s the forecast for the week:Key Levels to WatchSupport Levels: 23,200, 23,500, (200-DMA). If A weekly candle break and close below 22,000 could accelerate selling toward 22,500. Resistance Levels: 25,545–25,955. A sustained move above 25,900 could signal a potential reversal, with 26,000 as a critical psychological level. Trend: Bearish with support at 24,200 critical. A positive global cue (e.g., GIFT Nifty up 0.36% on August 4) could support a modest recovery. #Technical Outlook - Bearish Scenario: If the Nifty fails to hold 23,200, it could slide toward 22,900 or lower, aligning with the 200-DMA. The inverse head-and-shoulders pattern on the weekly chart suggests a potential base at 22,900, but confirmation is pending. - Bullish Scenario: A break above 24,600 could trigger a short-term rally toward 24,925–25,045. Sustaining above 25,000 may push the index toward 25,250, potentially signaling a trend reversal. Indicators: Oversold RSI (35–40) suggests a possible bounce, but bearish MACD and selling volume indicate caution. Traders should monitor for a bullish crossover in MACD or RSI moving above 50 for confirmation of upward momentum. Key Factors to WatchGlobal Markets: Movements in major indices like NASDAQ, Dow Jones, and FTSE will influence Nifty’s direction. Positive cues from GIFT Nifty (24,685 on August 4) could support a recovery. FII/DII Activity: Continued FII selling could pressure the index, while DII buying may limit downside. RBI Policy: Any dovish signals or liquidity measures could boost sentiment. Sector Performance: Banking, IT, and energy sectors are critical. Stocks like SBI, Bharti Airtel, and Tata Motors may drive index movements. Geopolitical and Tariff Issues: US-India trade tensions could cap upside potential. Monitor volume and global cues for intraday trades. Long-Term Investors:Current valuations near 23,200–23,400 are attractive for quality stocks. Accumulate fundamentally strong Nifty constituents (e.g., HDFC Bank, Reliance) on dips. Use oversold conditions as an entry point for long-term portfolios, but diversify to mitigate volatility risks. Critical PerspectiveWhile the sources provide detailed technical levels and predictions, they rely heavily on historical patterns and short-term indicators, which may not account for sudden macroeconomic shifts or black-swan events. The bearish bias is driven by FII outflows and tariff concerns, but DII support and potential RBI interventions could stabilize the market. Predictions like those from (e.g., Min: 22,200, Max: 26,240) show wide ranges, reflecting uncertainty and volatility. Investors should question overly precise forecasts and focus on broader trends, such as the index’s proximity to the 200-DMA and global market correlations. ConclusionThe Nifty 50 is likely to remain range-bound between 23,900 and 24,925 next week, with a bearish bias unless it breaks above 24,600. Key supports at 24,200–24,000 and resistance at 24,600–25,045 will dictate short-term movements. Traders should stay cautious, monitor global cues, and prioritise risk management, while long-term investors may find opportunities in oversold conditions. Always verify critical information and consult a financial advisor before making decisions. Chart for your Reference Only ~~ Disclaimer ~~ This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading. # Boost and comment will be highly appreciated.
NSE:NIFTYShort
by renderwithme