Stock took rejection from Fibonacci 38.2% and 78.6% levels (highlighted separately in chart) Volumes on the rise Broken resistance TL and made new ATH Buy above resistance zone (4480 levels) INTRADAY - 4550, 4600 SWING - 4750, 4900 and 5000
Idea 9.45 / 8.8 are 2 important levels for Idea The stock is at important 38.2% Fibonacci retracement support levels Short term target 12 / 14 Exit if weekly closing is below 8.50 Sustaining above 14.5 levels and the doors would open for target of 22 / 28 At current levels it provides good risk::reward ratio to go long Take care & safe trading...!!!
NSE:NIFTY Short Term Elliott Wave view in Nifty October 2020 low is unfolding as an impulse Elliott Wave structure. Wave (4) is currently in progress next support is likely placed at 15233 level, Fibo 38.2%
If the bank nifty does not close above the support trendline, it will come into a downtrend. The market can recover up to 34460 - 34700 levels. The downtrend range is 3880 points from the breakout point. Don't sell above the retracement level of 0.236 . It's a stop for intraday sellers.
An amazing inverted head and shoulders pattern breakout can be seen. volumes are huge,(macd bullish crossover). broke R1, R2 pivots with a big green one looks bullish. can be a positional trade up to a target of 277 i.e next resistance R3 and stop loss can be kept at 240 or can trail according to your choice. Trade at your own risk. Thank you.
Target levels are metioned in the chart. This isi for educational purpose only.
Hi Guys, Please find the analysis: Script Name: Nestle India Ltd Trend : Uptrend EMA: Bullish ATR Volatility: Flat Time Frame Analysis: 1Hr / Daily Candlestick Pattern: Whether any Trend Reversal Pattern? Hanging Man Candlestick Pattern was support with good volume? No Chart Pattern: Flag Pattern / Triangle Pattern Breakout Happened with good volume? –...
The Stock took support at trendline and 0.5% retracement level so wait for any reversal and took the position or else wait for a breakdown Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
BULLISH above 15720 for 25,70,150+++ BEARISH below 15670 for 25,70,150+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Go Long above 397.6 for Targets of 413.85 and 430.1, with SL 381.35 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 candlestick pattern, Bullish Hammer (marked with an orange circle) is...
Another signal that is not that great for our market. More over INR is getting weak... be careful folks! #NIFTY50 Disclaimer: NOT SEBI registered. Charts produced here are for personal reference only and not any recommendations.
buy @Banknifty cmp 34760 spot sl below 34690 spot tgt 34800---34850
BRITANNIA had given a long period Trendline Breakout on 7th June and sustained above the Trendline. The stock then gave Ichimoku Cloud Breakout along with Triangle Breakout on 15th June and sustained above Ichimoku Cloud, confirming a start of an good uptrend and a good buying signal. Targets For Britannia by Fibonacci Extension Tool are:- Target 1:...
Breakout on daily charts with brilliant volumes. Seeing some selling pressure currently. Good to buy if sustains above 96.50 today. Add on retracements (after bounce back form retracements, add more) ENTRY: Above 96.50 (if sustains) Targets: 105, 115, 122++ (obeying the path marked) Stop loss: 91.30 (Considering buying around 96.50) TRAIL STOP LOSS FOLLOW IF YOU...
Supporting Fibo levels. Levels displayed.