Linde India is bottoming out near 20 week average and 38.2 retracement level cluster. From Elliot Wave perspective, the next move should either be 5th Wave or an explosive iii of 3. Targets and Stoploss marked on chart. PS: Not an investment advice.
Go Long above 544.4 for Targets of 559.25, 574.1 with SL 529.55 Reasons to go Long : 1. If we draw Fibonacci Retracement from recent swing low (Point A) to recent swing high (Point B) on a 1 Day chart we see the stock is taking support of 0.618 Fibonacci level. 2. Around 0.618 Fibonacci level, we can see that the stock is forming double bottom (W pattern) which...
Bhartiartl broke the trendline. - The next resistance point is in sync with the Fib retracement . My analysis - Bullish for short term.
NIFTY came out of consolidation phase. As per the Fibonacci retracement, NIFTY should hit 16250 in another 38 to 42 trading sessions. PS: Sharing to evaluate on my Learning and conviction of my analysis.
Fib Retracement show positive signals and volume spikes are in favorable condition. Also Market Cipher is positive and target level look nice
During breakouts always watch for 61 level of Fib retracment ..
The setup is a long term one with a risk to reward around rr 10
BNF looks poised for big up move. Only hurdle is volatility because of monthly expiry where 34250-34000 levels can act as good support. So please follow proper R:R Levels are mentioned in the chart. In case of any clarity please visit comment section and I shall be happy to answer
Stock made ATH in Friday session supported by good volumes. It has respected Fibonacci levels as well. Looks good for more upside in coming sessions. INTRA : Buy above 1480 for targets of 1495, 1505 SWING : Levels mentioned in the chart
A bull flag can be seen on the weekly timeframe. Can be a good investment for medium term. My Target Zones: 292-334-404 Stop Loss Zone: 196 Disclaimer: This is just my personal view. Please do your own research before trading.
Descending channel, Rounding bottom formation. Weekly breakout, 280 Lies ahead.
Looking too hot! i have bought it around 212 last Friday for long term. keep on radar. i have bought it around 212 for long term.
The price has reacted from monthly dmand zone and has halted on 20 EMA. For long term purpose, u can expect double tgt from here
Grasim Was amongst NIFTY's Top gainer as on May28,2021 with a change of 3.41%. Q4 profit rose 13.3%. Technically it has breached the 0.618 extension level, the spike in volume followed by the candlestick are indicative of a bullish move.
The stock has given breakout then --> retest done not much volume but still small long position can be taken
fibo retrace is showing KPIT can burst out anytime.
50% Capital gain opportunity ahead in L&T Finance in next few months.
Harmonic pattern active. Long till point D. In addition, Keep a close eye at 230-240 levels for a bearish reversal.