GRINDWELL EQUITY form the Double bottom and its break previous resistance ...so its chances to reach 1300+ in shorterm
NSE:AMARAJABAT Hello People!! Amara Raja batteries has been on my watchlist since the start of 2021. It gave a beautiful breakout in October 2020 and I was waiting for a retest. Finally, it is happening now. We can also see that along with a retest of the trendline, it is also consolidating in a flag and pole pattern for quite some time now. The stock is...
Go Long above 306.55 for Targets of 326.65 and 346.75 with SL 286.45 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 154.6 for Targets of 160.45, 166.3, and 172.15 with SL 148.75 Reasons to go Long : 1. If we draw Fibonacci Retracement from swing low (Point A) to swing high (Point B) on a 1-day chart we see the stock took support around 0.5 Fibonacci level and moved up. 2. On 0.5 Fibonacci level the stock has made a bullish candlestick pattern (Bullish Harami)...
BUY EASEMYTRIP ABOVE 475 TARGETS 540, 600, 660++ SL BELOW 400 ON CLOSING BASIS Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
BUY KIMS SAFE ENTRY ABOVE 1305 & AGGRESSIVE ENTRY AT CMP TARGETS 1340, 1450, 1550++ SL BELOW 1145 ON CLOSING BASIS (TRAIL SL ONCE TARGETS ARE NEARING) Disclaimer: All Charts are for Educational Purpose. Please consult your financial advisor before investing.
Albert David is coming out of a 2 year range with strong volumes. It first attempted to break free from the range in mid July, but could not sustain above the range high. It has now corrected and is approaching a strong demand zone @ 525-30 Levels. The Fibonacci re-tracement level of 61.8 also confluences with the demand zone. The RSI levels also show support in...
Standing at a good support level and i think we can see a upside move from there. Please do your analysis before entering the trade and if you have any idea please tell me in the comments.
affle is near 38% fib retracement and also near previous resistance levels stock has maintained RSI>40 durin uptrend going long will be good idea when RSI goes above 40 or close >4190 with good volumes RS also positive as per ichimoku ,its near kumo support with thick kumo exit if RSI goes below 40 low risk setup immediate tgt 5000 trade at your on discretion
retraced 61.8 Wait for Descending channel breakout. Do your due diligence before taking trade.
AKSHOPTIFBR is trading below fibo level of 61.8% retracement in Daily charts. As per its long term chart (weekly) fibo level of 61.8% is at 8.45. A good bounce back is expected at this level.
ABCAPITAL respected fibo retracement level of 50% (109) and bounced back today at 115. A good recovery was seen. It is currently trending in side way movement. Break out may occur above level 120 for target of 130+.
After days high Shaktipump is retracing and see how beautifully it respected fibo levels of 61.8%
how beautifully it followed the fibnocci scale this is buy setup
0.236 acting as a good support And at same levels its acting as a demand zone "Not to worry about break-away gap" These gaps are often a good indication of bullish moves in the market. And are often created after a major completion of price action pattern. Let me know You views also.
In depth price action analysis : 1. Indiabulls Housing Finance seems to have found a bottom after the covid crash in March 2020, forming an ascending triangle ever since, and recently giving a breakout with decent volume. 2. There has been an increase in volume not seen before post 2020 suggesting interest in stock. Currently price is retracing back to support...
auropharma : trade setup : 1. buy at 852 to 850 2. keep stoploss as 828 on closing basis 3. targets 898/921/949/979+ technical setup: 1. parallel channel 2. demand zone 3. fibonacii reversal zone of 78.6% 4. trendline support