Nifty completes ABC and retraced 78.6% back to the gap support at 14421. All good to resume the uptrend unless we get a 5 wave decline. 3 wave declines are counter-trend and that means that the larger trend is up
This is internal move of nifty we can call iii of 3 completed at 15044. Wave ii was shallow and complex Wave iv is zig zag retraced nearly 0.618 Fibonacci Reversal expected near 14605 Stop loss is top of wave i which is 14557 wave v of 3 is expected to go towards 15120 levels DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical...
strong price movement all indicators- strong rounding base ready to breake
Nice consolidation and BO with volume!!!! RSI and Relative strength show strength.. sector- strong stock-strong
Hello Folks, AUD CAD look bearish - its on over brought zone as per fib levels Target is 0.92951 which is 0.6 fib levels.
ENTRY - green lines TARGET - 1st blue line 2nd trail sl SL - candle close below red
ENTRY - green lines TARGET - top line 1st target 2nd trail sl SL - candle close below red line
ENTRY - green lines TARGET - the top blue line SL - daily candle close below red line
ENTRY - green lines SL - day candle closing below red line TARGET - 1 the top blue line 2nd trail sl
blue line shows the 1st and 2nd entry point red shows the stoploss daily candle closing below the red line should exit position. target shown is 1st target trail sl for 2nd target
BANKNIFTY Resistance: 33380 - 33730 - 34298 - 34703 - 35217 Support: 32812 - 32407 - 31893
NIFTY Resistance: 14803 - 14892 - 15035 - 15136 - 15266 Support: 14660 - 14558 - 14429
focus on auto stock,
APOLLOTYRE has given breakout from the downtrend resist line with good volume & now retesting the trendline & the support at 215 level. This support level is a confluence of 50 EMA (4H)/200 EMA (1H) & Fib level 0.5. On weekly (1W) TF, it formed morning star formation from strong support along with the golden cross (50 EMA crossing 200 EMA). A possible long...
buy on dip strategy buy at 139 stop loss at 128 tgt 158,164
buy at 139 with sl at 128 tgt 158 for swing trade
ICICILOMARD EQUITY levels ...03/05/2021 (D candle)