National Fertiliser LtdGood opportunity to take long trade
Entry zone around 112
Targets already mentioned in chart
Fibonacci
Weekly view - Gland - May 27, 2024It appears that Gland Pharma has broken out of its downtrend. The stock has been maintaining higher levels for an extended period and has successfully breached the falling trendline. There's significant potential for upward movement from here.
MTAR: Becoming bullish 📈 after long correction For educational purpose only.
If it corrects further from this point, drawn channel can be act as support and one can average the price for more potential.
MTAR: Becoming bullish after long correction For educational purpose only.
If it corrects further from this point, drawn channel can be act as support and one can average the price for more potential.
Naukri: Double Bottom, 50% move?Naukri has made a double bottom 4300 is an immediate resistance, hoping it will break that resistance and chances to reach 6540
Immediate Resistance: 4300
Target: 6540
Lets see if this is possible or not
INJ: Bullish OB and Fibonacci Levels Signal Potential Upsurge 🚀💎 Paradisers, #INJUSDT has broken out of the resistive trendline with a Fair Value Gap (FVG), and subsequently, the price showed a Change of Character (CHoCH) towards the bullish market structure, enhancing the probability of a bullish move.
💎 My idea for #INJ is to look for bullish signs at the bullish Order Block (OB) combined with the Fibonacci 0.5 and 0.618 zones. If we detect any bullish signs like an Internal Change of Character (I CHoCH), we can expect a bounce from here to target external liquidity (Previous Swings). These liquidity zones are also ideal for booking profits.
💎 However, if the price doesn't show any bullish signs and instead falls below the bullish OB zone, it will invalidate our entire idea. In that case, it would be better to wait for more favorable price action to develop.
DABUR - SWING TRADE ON BUY SIDESymbol - DABUR
Dabur is currently trading near support zone of 500 - 510.
DABUR CMP - 506
I am initiating long positions in April Futures.
My SL would be 498 & Targets would be 525 & 540
It may move slow but it should move up from here.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BAT: Double FVG and CHoCH Point to a Strong Upward Move! 🌟💎 Paradisers, #BATUSDT has shown a Fair Value Gap (FVG) twice after taking liquidity and displayed a Change of Character (CHoCH) towards the bullish market structure, increasing the likelihood of a bullish move.
💎 If the price shows a pullback and indicates bullish signs from the FVG and Bullish Order Block (OB), which is supported by the Fibonacci 0.5 and 0.618 levels, then we can expect a bullish move.
💎 In the case the price falls without any bullish signs in these key areas, we can anticipate a bounce from the demand zone.
💎 However, if the price shows panic selling and falls below the demand zone as well, it will invalidate our entire idea. In this scenario, it would be better to ignore it and wait for more favorable price action to develop.
Deepak NitrateStock has closed with good volumes and good momentum and managed to close above Fibonacci No which is 61.8 one can look to buy abv 2405 sl 2220 tgt 2550.
Disclaimer: I am not SEBI registered Analyst Kindly consult your financial Advisor before taking any trading decisions.
SUNTECK REALITY FOR SWING TRADE SUNTECK REALITY given strong Breakout in weekly timeframe with volume.
and retest Fi golden zone with good volume,makes strong reversal candle.
Target 1 :524
Target 2:590
KEL Simplest possible trade set up1. Trend Bullish reversal
2. Set up: Fib 61 levels reversal points
3. RR: 1:10+
4. SL: follow on closing basis below the 61 levels
Andhra Paper Clear BreakoutAn undervalued company with P/E<5. Not every low P/E are good. But Andhra paper is exceptionally good in terms of fundamentals. Working capital reduced drastically. Improved profitability and operating cashflow with stellar operating profit margin. Expected Target 880.
Can be held long term as well as it's undervalued.
Disclosure: Holding before this stellar breakout
Gold intl and MCX sell we will see good fall 2290, 2250 tgtOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAUUSD NEXT MOVEMENTGold continuing sell after taking the daily liquidity. And it started sell from the week. Hopefully the final target will be 2234.
Nifty Support & Resistance Levels for 14.05.2024Nifty found support within the 21800 to 21850 zone and staged a commendable recovery, rallying nearly 300 points from the day's low. The nearest resistance levels are anticipated between 22148 and 22187, as well as between 22244 and 22369, with a further resistance zone identified at 22409 to 22589. Meanwhile, the nearest support remains unchanged from the last post, situated at 21770, a significant Fibonacci level at 61.8%.
Analysis for the weekHey guys this is VHT your mentor and i am here guys with my analysis and how ultimately we all could make some money
BANKNIFTY in better shape than NIFTY As we can see BANKNIFTY has not yet breached the lower trendline despite NIFTY’s weakness which has breached the lower channel. Though BANKNIFTY is yet to take support at lower trend line, we may expect BANKNIFTY to show REVERSAL from given zones hence any signs of REVERSAL at the trendline could be a good buy keeping SL closing basis below the trendline so plan your trades accordingly guys.
Positional Trading Idea on GRASIM with Fibonacci LevelNSE:GRASIM
Stock closed above ATH on 28th March 2024. If drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 2358 level. Long Position may be initiated at CMP with Trailing SL 2240 for 1st target near 2358 and 2nd target at 2.618 Fibonacci extension level near 2500.
Reliance Wave CountNSE:RELIANCE
Wave 2 retraced 30% of Wave 1
Wave C achieved Equality to A
Mostly Wave 2 Bottom in Place.
Wave 3 Rally shall commence.
ULTRACEMCO Near Support and FIB 50% NSE:ULTRACEMCO This Guy Rejected from the Resistance Now Trade in Downtrend Channel and Near Support and FIB 50% Let's see Support Hold or Break Even Break the Support We need Weekly Closing For Downside Plan
Nifty50 Support And Resistance 10-May-24Please find below simple resistance and support:
Resistance: 21915
If crossed up then will see upward move:
TGT:
Support: 21783
If crossed down then will see downward move:
TGT: 21812
This is only for education purpose. Do your own research before investing or trading.
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