The market is still Bullish after it breaks above Consolidation. We can expect a Future Resistance levels around 2.40000s
The levels provided are zones where the price could stall or reverse. Though, Acting up as support. Could fetch 3160+. Keep an eye.
tata motor is ready to give a breakout. trade the breakout side.
Today banknifty was down by 281.60 Points or 0.81%. A sideways day and Vix closed below 19 today. Let's analyse for Tomorrow, Still market is in uptrend only. Today banknifty taken support from 0.382 Fibo level and last hour given good upside move and closed above trendline which is a bullish sign ! 💚 Tomorrow anywhere between 34600 to 34800 we can look for...
Triangle pattern breakout along with bollinger band squeeze challenge ..must buy..
cmp 1755 stock on the verge of breakout of triangle & trading at compression zone. above 1768 is complete breakout ... stoploss 1696 closing below ... buy for targets 1810/1858/1903/1959+
1. Multiple rejection at higher level near 15290 2. Support likely at 15200 3. View invalidated if futures close above 15310
Buy Aarti Drugs.. Buy 50% Near 638 (61.8% Fibo level) and if it falls then add 50% near 710 (78.6% Fibo Level) Study : Stock is trading near Fibo 61.8% level ...Bounce can be expected from Fibonacci Levels
Very strong support, tested 4 times. Very good reversal can go all time high because its consolidating since long time in a range.
As seen in the chart, this stock had a massive breakout(as predicted by me earlier!! chart of that prediction is linked below). Whenever a stock price goes up, usually it comes down 50% of how much it went up, so i expect this stock price to at least go to the 0.3 Fibonacci level that is 733 and on the maximum reach our weekly support level which is at 730. Also...
As you can see in the chart, the stock has found support at the 0.6 Fibonacci level and the golden ratio. Would expect it to follow either of yellow or the white path. My price prediction would be around 2007(the white rectangle in the chart)for this stock, to be hit in a few days
As you can see in the chart, the stock price is currently at a weekly resistance (higher time frame resistances/supports are found to be very strong). I would expect a 50% pull down of the 4.94% rise up today that is to the white box marked in the chart around 107.8 region. Also to support my analysis the rsi indicator is way overbought(above the 70 line) on all...
WELCORP EQUITY levels ...25/05/2021 (D candle)
RBL BANK EQUITY levels ...25/05/2021 (D candle)
HDFC EQUITY levels ...25/05/2021 (D candle)