NSE:BAJFINANCE Today, 23-07-2021, BAJFINANCE took support from trend line but couldn't trade above our entry point 6230. It made 6225 high but faced resistance from there. Our levels and target remains same. Buy/long trade will be only activated above 6230 levels. It closed today above 6180 level which is also our marked level. If this level works as support...
NSE:WIPRO TODAY, 23-07-2021, WIPRO gave a dip at 584 level, which was our marked level and that dip was buying opportunity. As mentioned in my last post any dip above 580 will be a buying oppotunity. Now, what next? Any dip till 594 or 589 level will be a good buying opportunity. Short term target will be 615. For Intraday target it will be 607 at max....
Reasons for trade are given in the chart. Buy above 1100 (safe entries) for targets of 1242. SL 985. Thank you.
Swing Trade JK Tyre seen taking support at 50EMA. Can BUY near 143-1433 with SL of 139
banknifty : 34415.45 trade setup : 1. buy in zone 34420 to 34400 2. keep stop loss as 39929 on closing basis 3. targets 34969/35217/35696+ technical buy based on : 1. trendline support 2. fibonacci .786 to .886 bullish reversal 3. demand 4. valuation
NSE:MARUTI Maruti Suzuki Ind - Daily TF / Support at Fib Retracement- 0.618 / Good to go Long @ CMP / Currently taking support at uptrend line
By this technique we will get the support and resistance angle between the fib ratios. this is a very good idea of trading
As we all know in a trending market there are swing highs and lows and Nifty had a brilliant run from 2016 low till pre-Covid fall. Fibonacci levels are crucial (although after the price action has happened) in predicting why trend is facing support/resistance at a particular price. Taking the Fibonacci retracement from the trend from 2016 swing low (6825.8) to...
On daily TF granules forming a range bound structure now it is on resistance if there is selling pressure in market so might be stock going down upto fib level of 349.6
v mart retail if hold support then upmove possible . v mart retail cmp is - 3243,support is -3186 ,target - 3284 ,3400 ,3480 buy - at support /cmp time frame - to days multiple time frame use theory +fibo + advance fibo +basic of resistance / support + any other pattern
So Asian Paint share give around 6% move on Tuesday, there is a two reasons behind it. . 1. Asian Paint was in consolidation mode from last so many days so it gave a breakout on Tuesday with the level of 3068. . 2. In the second half, Asain paint declare their good Quarter Results so it gives the more upward momentum to the share. . So for tomorrow, there is a...
NSE:KAJARIACER Intraday Target and levels mentioned on chart. Wait for 15min to close on either side of level and take trade after that.
NSE:BORORENEW Today BORORENEW tested uptrend line and get good support from it. Also Today it closed at 278.35 which is almost the same as per Fibonacci level 278.45. Stock is on very critical level now. If it sustain above it on coming days then next easy target to watch will be 299-300.
New to the world of CHARTS, but always fascinate by Fibonacci. Tried the fib Channel on Copper weekly chart, markets seem to mostly respect the time schedule as per Fib. Will keep analyzing more.
After having made a spectacular rally, Globus Spirits has retraced now upto 50% fib. retracement level. The Price Volume action at this level indicates a high probability for the upmove to resume at this level. SL can be below the 61.8% level while profit target can be initially at 100% and subsequently, beyond that, as it will be in "Blue sky zone".
PHOENIX MILLS LTD Daily Bar Chart (log scale) Bullish Sequence Medium term Elliot wave Outlook (Positional Trade Setup) Confirmation to Buy @ CMP Invalidation level @ 789 Upside Target: 885, 910, 944 Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in...