Stock is in wave 2 zig zag correction and dropping towards 0.618 Fibonacci. Good to add in range 2500-2200 with Stop Loss 1980 for long term for 2x-3x returns DISCLAIMER: There is no guarantee of profits or no exceptions from losses. The stock and its levels discussed are solely the personal views of my research. You are advised to rely on...
24-Nov-20 Monthly: After Pandemic it is improving & it is in the process of recovering the loss. Immediate Target looks to be at ~ 300 Weekly: Forming a Cup and Handle pattern, it is for reversal of the downtrend Daily: BreaKout Retest and now the continuation of Cup and Handle pattern
Go Long above 53.6 for Targets of 62.9 with SL 44.3 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level. 3. Also the...
Go Long above 52.2 for Targets of 63.65, 75.9, and 86.55 with SL 40.75 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Harami (marked with orange color) is...
The chart is self explanatory!! Entry Rs 265, Stop Loss Rs 240 and Target1 Rs 300 & Target2 Rs 350 Thanks
this chart is purely for educational purpose. Technical summary as of 05/12/2021 name value rsi(14) 56.384 stoch(9,6) 65.956 stochrsi(14) 66.072 macd(12,26) 3.090 adx(14) 31.207 williams %r -27.045 cci(14) 59.4315 atr(14) 12.1107 highs/lows(14) 2.2286 ultimate oscillator 49.410 roc 3.461 bull/bear...
Go Long above 16900.1 for Targets of 17730.15, and 18560.2 with SL 16070.05 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5...
Go Long above 168.15 for Targets of 174.3, and 180.45 with SL 162 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci...
Go Long above 378.9 for Targets of 396.7, 414.5, and 432.3 with SL 361.1 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5...
Go Long above 955.1 for Targets of 1005.05, 1055, and 1104.95 with SL 905.15 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.382...
Go Long above 1449.05 for Targets of 1498.35, 1547.65, and 1596.95 with SL 1399.75 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer & Bullish Inverted...
NSE:MOTHERSUMI CUP and HANDLE Pattern under Formation in Monthly Charts Breakout Zone : Above 240-250 on MCB. Monthly BO will confirm huge upside targets. Next Targets : 351 - 418 - 529 SL : 190 Monthly RSI > 60
NSE:LOVABLE Current Price near Breakout Neckline on Monthly Chart. If December 2021 Monthly Closing is above 210-212 zone then BO is confirmed. Upside : 50% - 90% Next Targets : 253 - 293 - 382 SL : 160 Monthly RSI > 60 Selling Pressure from 382 to 30 now over.
TATA Consumer looks strong… Reasons/Traits : • Today gave a break out from two day inside bars with a big green bar with very good volume • Above 13 and 50 EMA • Price touched 0.618 retracements levels • RSI increasing • Bearish Crab harmonic pattern formation is in place What can happen next : Scenario 1 : Price sustaining above 850/853 levels can take it to...
Hello Traders, hope you all are doing amazing! Today I will be showing you the daily chart overview of BankNifty, so traders as you can see, on the 1D chart a huge rising wedge pattern has been made which has recently broken down to 35327. Now here, I won't say I can see a double bottom but yes, I can definitely see a "W" pattern which will probably hit the lower...
Go Long above 308.9 for Targets of 324.75, and 340.6 with SL 293.05 Reasons to go Long : 1. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci...
Go Long above 272.05 for Targets of 286.8, 301.55, and 316.3 with SL 257.3 Reasons to go Long : 1. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618...
Go Long above 877.1 for Targets of 919.2, 961.3, and 1003.4 with SL 835 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level. 2. Also there is a strong support zone (marked with purple color), from which the...