Go Long above 3692.9 for Targets of 3899.8, and 4106.7 with SL 3486 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...
VINATIORGA | Trendline breakout and retesting - Potential 20% CMP : 1970 SL : 1830 Target : 2360 1:3 risk reward setup Target is calculated based on Fib Low volume stock, please have stoploss in system
LTTS | Trendline breakout and retest - Potential for 10% CMP : 4817 SL : 4730 Target : 5310 1:3+ risk reward setup (Calculated target based on Fib)
STLTECH | Trendline breakout - Potential for 20% CMP : 300 (Dip : 290) SL : 275 Target : 360 1:4 risk reward setup Target calculated based on Fib tool
Category: Fibonacci Retracement Key Highlights: 1. Bullish market structure making HH-HL pattern. 2. Price taking support from one of the key zone levels. 3. Bullish volume is higher and weak non-patient hands are getting out. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own...
As per the price Pattern and fib levels market seems to be bullish. As per entry levels Ultratech is at support levels and shown a green candle today. Their are two possibilities: 1) It will break the trend line and start moving up OR 2) It will consolidate near blue zone shown in the graph. As per present market nifty seems to be very bullish hence possibility...
Nifty has filled the gaps. It has a very active gravitation line where price activities are on the bulk. According to wave principle, corrective waves form in deceleration and, impulsive waves break the declaration channel. If nifty breaks the corrective channel, we may see an upward move. Otherwise, the price will continuously form in the corrective channel. I...
Price has completed the corrective wave 4. If the price doesn't break the 3rd wave's high, then the corrective wave will begin. Furthermore, the 4th wave can be extensive (between the range of 1014 - 1475). The target for Swing Traders: Target 1: 1525 Target 2: 1632 Target 3: 1764 The target for Day Traders: 1455-1479-1490
If nifty breaks the upper band of the parallel channel, our following targets will be. 18164 18241 Nifty can remain in a parallel channel (PC) before further advance. That can be up to support line of PC (B) or control price.
Intraday & Short-term outlook of Nifty 50: Nifty has completed motive wave (iii) at 17792 . Wave (iv) is forming and, it can have a common retracement of 38.2% . The nifty trader can see the following targets: Target 1: 17425 Target 2: 17270 Target 3: 17169 According to the rule of corrective wave, it remains under the channel. And the impulsive wave...
Currently, silver has jumped back into the uptrend area. It has also broken the parallel channel in the last trading session. But, the buy is not confirmed yet. The uptrend can be resume if it remains above 0.618 of retracement level and 3/1 & 8/1. If that happens, then you can buy for the targets of 63900 - 65100 - 65960 - 68454. What happens if it's...
Bitcoin projected targets are 80k as per both of my theories:- 1st THEORY- FLAG & POLE - Widely used Flag Pole is basically plotted to guess further targets when an asset is at ATH . Bitcoin went into consolidation and formed a slant flag after a huge rally, here the rally is considered as a pole. So we just draw a trendline from the bottom to the top of the rally...
NMDC Current STRUCTURE- Rounding Bottom Breakout + RETEST MULTIPLE CONFIRMATIONS :- * Volume Expansion - Volumes since the last three months have been huge and continuously expanding * RSI bullish Divergence- NMDC is forming flat bottoms whereas RSI is forming Lower Highs which is contradicting hence we listen to what RSI is doing and this is an early signal...
Go Long above 228.55 for Targets of 242.1, and 255.65 with SL 215 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...
Jsw steel underperformed against its peers for 6months making a range consolidation. Time to buy
1.Falling Wedge forming in weekly chart 2.Nifty Pharma Index is also bounce from support area 3.Stock is also bounce from demand area 4.RSI Divergence In Daily Chart 5.Stock is near 0.618 THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE -THANK YOU FOR YOUR TIME ALWAYS PUT YOUR STOPLOSS 1ST
Tata Power is currently trading at important Support level (fibonacci leval and 20 moving average support). If it moves up we se all time high again.
Matic has been pumping 14-15% daily for quite a few days now. It is making a higher low right now. It might get retraced from the Golden Zone of the Fibonacci!