VBL has taken a good support at previously broken resistance and 61.8% retracement after previous rally. Closed at high in last trading session with relatively good volume. Can be good long intraday and swing trade above 810. Follow strict risk management.
Kindly Refer Chart to know the trend of nifty using wave analysis.
100 EMA IT'S LOOK LIKE SBIN IS COMING DOWN FOR GIVE US OPPORTUNITIES FOR CATCHING NEW HIGH 380-400 BUY Stop loss 360 Target 425 or previous high (Note) 1) Watch price action at the end of every day 2) also watch for RSI both in open and close settings 3) 100 ema can act like support 4) do not buy your all quantity at once 5) Buy in 5 parts 20% amount at once so...
Go Long above 35.1 for Targets of 36.05 and 37 with SL 34.15 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 0.5 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level. 3....
Go Long above 1337.1 for Targets of 1370.2 and 1403.3 with SL 1304 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...
The metals sector was down today due to a news regarding China's cut down. But Jindal Steel and Power fell below a strong support today. The stock price is currently stopped at 0.618 Fib level (drawn from previous low-high). Should investors hold or sell to take losses? *New to the trading. Any pointers, advises and resource recommendations are welcome.
Honaut retesting important fib levels of ratio 1.414 (40800). Can enter into a long position with CMP with SL of 39000 and more can be added around 1.27 (39500) with targets as mentioned on the graph.
Trying to reach next resistance levels. targets are on the cart. fib 0,5 will work
NIFTY got rejected from the new high and broken uptrend line. If NIfty manages to come out of the consolidation on the downside then short Nifty. Short only on confirmation below 16495 and book profits in the demand zone. Place stop loss at 16600.
SCHNEIDER EQUITY...now touched double bottom and its going to break previous resistance once its closed 123 at daily candle closing basis...short term target 140+
Hello People! HUL has been taking consistent supports from the bottom trendline since 2018. Thus there is a high probability it would act the same way here as well. But I jumped in a bit earlier and I have solid reasons for that. The first being that HUL has shown a massive bullish candle right at support. So chances of a trend reversal seem high. The second...
NIFTY BANK INDEX , Medium term outlook Bearish Sequence, (2 DAYS TF)
BHEL EQUITY now in support level and its travel in Higher high...so once its closed 57 above at weekly candle ...it's move on...soon it's possible to reach 100 in long-term
VGUARD EQUITY now in support level and started to break previous resistance...240+ buying level short term target 270+
Nifty 50 is at all time high but breaking 16055 will be crucial for a major rally on the upside. The crab pattern's terminal price bar is placed at 16055. If Nifty reverses from here, as it is a bearish crab pattern, it could go on to test 15850-15800 levels. Below these levels could see another downside fall. Don't go short at 16055 immediately, the stoploss...
For 2-3 days the daily volumes have been lower in Cardano token and majorly in most of the crypto tokens. This may be an indication for longs going for profit booking and a right opportunity to enter the rally in case you have missed it. The sentiment is bullish, so try booking your profit and trail SL in case you try to short ( risky move). Wait for the 1.96lvl...
hello traders , larsen & turbo if hold support then upmove possible
GbpNzd on Buy zone (Demand Zone) as per Price Action.