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
Go Long above 29.45 for Targets of 31.2 and 32.95 with SL 27.7 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...
SILVERMINI Now reached in previous support...so we take as demand zone...from this point of view this script will move upper direction
Waiting for daily candle closure above $4.75. Targets are on the chart. Good luck.
HAL is nearing its 1.414 fibo ratio and has seen crucial resistance here and retested this level multiple times over the past few weeks. One can accumulate at MP of 1070 and 1030 with SL of 1010 for targets of 1160 and 1190 NSE:HAL
hello trades , we can foous on symphony ,buy above 955 then target of 985 time frame-3 to 7 days
after a long time consolidation phase laurs lab an give a breakout we can buy only after 712 coss then we can buy for target 746
Reliance 1hr, trendline support, fibo 0.61 support, wave support....
Market was in the Range from past 4 days & Taking Fib 236 level Support, So Breakout/Down either side will Result in trendy market. ->Resistance 36450 ->If 35650 level will break market will fall upto next Support : 35150-35000 *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** I am not a SEBI...
hello traders ,we can focous on zensar technology mow zensar tech give a breakout and we an see a double top pattern , after 435 we can see a target of 449,467,490, can buy only after breakout and hold onl 7-15 days
The level of 2750 becomes the consistent supply and demand zone when breaking down its historical path over six months. The trajectory of Hero MotoCorp was on either side and circulating the 2750-point somewhat as a magnetic pole or as a centre pivot line. From August 2020, 2750 becomes the sturdiest support which ensures consistently help to prevent Hero...
NSE:HAVELLS Simple Trade Setup for Havells For date 09-08-2021. Chart and levels are easy to understand. Trenline-3 which was working as resistance before now it is working as support. You can zoom out and watch the trendline for your reference. Do comment your doubt or suggestion. all the best for the upcoming trading days.