Reasons for bullish reasons on #IDFCFIRSTBank 1. Break of Structure 2.Taken Support at Fibonacci Golden Zone 3.Volume increase after a contraction
Understanding the Fibonacci Retracement Tool: Mathematical Roots: The Fibonacci retracement tool finds its origins in the intriguing Fibonacci sequence—a mathematical concept where each number is the sum of the two preceding ones (e.g., 0, 1, 1, 2, 3, 5, 8, 13, and so forth). This sequence forms the groundwork for a technical analysis tool that seeks to unveil...
Looks like Bank Nifty will test 48000 this year based on previous year low and high fib level
Looks like Nifty infra has given a buy signal on weekly, will try to breakout 6058 if that breaks out more chances to test the following targets Target1: 6500 Target2: 7175 Lets see what happens
INDUS TOWERS LTD: Inverted H&S Pattern Text book type example of Inverted H&S pattern Breakouts the Neckline with huge surge in volume Levels mentioned on chart & given target seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Looks like Ramco Cement will try to hit 1060 this year, so lets keep an eye on this stock
Shoba ltd has gained more volume today and also did a breakout, looks like it is moving towards 611, lets see Target: 611
Looks like there is 7.5% up move in Fin Nifty this year Target: 21000 Lets hope for the best :)
In my analysis(for 1 week), I've identified a potential trade idea for the IRFC stock. Based on my evaluation, I see two profit targets. The first target is set at 78.0, while the second target is at 81.90 . To manage risk, it's important to establish a clear stop-loss level. **Trade Idea:** Consider a long position(1 week) on IRFC stock with a first profit...
Fibonacci 0.5 and 0.618 recpected! At 15 mint time frame, 0.3 and 0.5 area will be the strong resistance.
Potential buying opportunity in Reliance. Buy - 2341 Stoploss - 2282 Target - 2577 I am just posting my analysis that means i am not recommending to buy or sell to anyone.
Tanla Platforms has shown a reversal around 200EMA and 50% Fibonacci Retracement. It is attempting a Breakout from Falling Wedge and Bull Flag Pattern with high volumes. Enter after Bullish confirmation.
Yesterday couldnot sustain above 20018 Today's opening is improtant: If open above 20969-20900 and after taking support able to break and sustain above 21018-21025 with 15 minute goood closing, then intraday upside move can be seen to 21096/21106. If open gap up above 21018-21025 will wait for buying setup if sustain above 21018-21025 Downside support remains...
Gold hit an ATH of 2148.9 and the last week was too dramatic for bulls but its time that bulls are gonna gain control and keeping the upcoming data this week(11 dec) gold hit its 50% fib retracement which might act as a strong support and good correction for xau Also keeping in mind the economic condition of the global economy gold looks strong. MY PERSONAL...
Mazdock followed by stellar results agrees to make electric tugs. daily chart showing breakout. Volumes rising in 15m chart. Fundamentally strong stock. Disclaimer: Holding
Watching out pullback to 340 or break of All time high for upmove DISCLAIMER: There is no guarantee of profits or no exceptions from losses. The stock and its levels discussed are solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Seek help of your financial advisor before...
Eth is booming after 2150 will it still be bullish? With the breakout, it is now pushing itself for 2400 Meanwhile, it tested the 2400 and now it's making its way towards the lower support. A smaller time frame showed the trend change but 1hr and 4hr is still bullish so this chance is to be of buy on dip . As it has broken down the 0.23 of...
strong breakout on weekly chart expect support at 107000-101000 areas with this , dip could be an opportunity to participate in the current trend