I think after long time underperformed, it's try to bottoming out process Personally I m not trade this commodity
Copper is ready for massive move after long time consolidation How to trade it? Stoploss 713 target 740 If break above 740 next target is 760
IFB Industries- 0.618 retracement done on monthly long back. For the past 2 years, its undergoing a big flag pattern. So will explode once it breaks up. The point to be noted is, even if it breaks up in daily, wait for the weekly candle close atleast for safe trade. If not keep the stop loss as the candle close within the channel after breaks up. Paisa double...
Motilal Oswal has given a massive breakout of year 2017 on daily chart. This stock has given almost 80% return in year 2023 and around 30% return in last one month. This breakout is all time high for this stock and entered in blue sky zone where there is no resistance upside. Generally stocks gives huge returns after all time high breakout. The possible targets...
On Monthly time frame it's forming a marubozu. On monthly timeframe if we take last swing (Oct-23) and mark a fib-retracement, it's show price is in 0.5 & 0.6 area which is a crucial zone also a touchdown to 9 EMA . Downtrend scenario If Jan-24, candle close below 44590, it will confirm a Major time reversal and we will be able to see further. Uptrend...
RVNL can retrace back upto 290 in short term after a massive rally. PS: Only for Educational Purposes
Aarti ind has recently rallied very well from the bottom and now it has been retraced up to .618 levels of the fib and now if it supports from here we can expect a continuation in the rally Disclaimer: The content provided in this chart is for Educational purposes only and should not be considered as financial advice. I am not a registered financial advisor, and...
HUL is nearing its support zone of 2370. If it crosses below 2370, expect a fall to 2143 levels. Resistance levels are clearly shown in the Fibonacci extensions.
Crude oil (CL) is at a long term support. The support ranges from 71 to 67.5. Weekly chart stochastic and VI are both oversold. Perfect buy on dip.
Aarti Industries is on a downward trend and is respecting the trendline. We are also seeing a small cup and handle pattern as well where on breakout we can expect a movement till 651. In any case once it breaks the trendline, we can expect the price till 745- 800, with no resistance. Expected price movement 651-745-800. Other parameters: 1. MACD - slowly getting...
Entire tyre manufacturing companies are in good position. This tyre manufacturing company has given a strong breakout on daily and weekly chart. Volume near the breakout is also increasing which is good sign. The stock is in blue sky zone hence, possible targets in the chart can be calculated using Fibonacci retrenchment tool. Disclaimer: Stock shared is for...
Very good structure shift and geting bullish. Overall looking good their might be a very good entry that can be form in upcoming few days. Let's wait and see what will happen. Will update if their will be any change.
As per the current market structure and based on supply & demand, the price may reach around 4500 range (Fibonacci level 61.8%) and would get bounce back from there to reach next high. This would work until it does not break the current Higher high level of 5990. If it breaks the current HH (5990 Level) then it does not work.
📈 BSE:MAHABANK Technical Analysis (Jan 3, 2024) 📊 Current Price: ₹47.10 INR Technical Observations: 1. Support Levels: • Began the day above 0.50, a key support level. 🛡️ 2. Fibonacci Levels: • Surpassed the 0.618 Fibonacci level, suggesting upward momentum. 🚀 3. Parabolic SAR: • Awaiting a bi-signal for a potential short-term...
NSE:JWL - Technical Analysis Update 🚀📈 Current Price: ₹339.50 (as of Jan 5, 2024, 11:47 AM) Key Indicators: Parabolic SAR: Buy signal triggered 🟢 Moving Averages: Crossover at ₹323.20 MACD: Histogram at 1.21 (positive), MACD at 0.46, Signal at -0.76 Stochastic RSI: K at 75.55, D at 53.11 (not overbought yet) %R: -14.14, touching upper...
📈 NSE:INDIANB - January 5, 2024, 12:52 PM Current Trading Price: ₹435.10 🏷️ Opening & Key Levels: Today's Opening: ₹432.40 (Above 0.618 Fibonacci Level) ✅ Near 50-Day Moving Average: Indicating Bullish Trend 📊 Technical Indicators: EMA & MA: No crossover yet 🔄 MACD: Histogram at 0.48, MACD at 0.70, Signal at 0.22 (Positive Crossover)...
Quickheal has given a trendline breakout today with very heavy volumes. Stock has also managed to close above 61.8% fib retracement which clearly indicates a strong buy signal. However, the SL for positional traders is very far below 230 DCB. A retracement is favourable for short term traders. Best buy level can be 250-255 for targets of 330+. However, risky...
On 1h TF TIA is pulling back to support zone around $17.2 This level is supported by Ascending Trend Line and Previous High Wait for rejection around this level