Another Entry From The Supply Area We Might Get the The Big Rejection From That Solid Supply Area
Key points whey it is bullish: The daily chart just had a breakout with more than 10x volume. which is Buy signal On Daily Fib retracement the chart had just crossed golden ratio 0.618%. Also it survived to be on top of golden ration.
In last one hour reliance had breakdown the bullish trend line and also the current price is below 50 day moving average. So it is a sign of downside
Currently nuetral to shorting based on the sentimates... All the charts have taken support at 20 % fib retracemnets at a longer picture so it can go till 38% and pull back
Currently short and major support at 2020
Nifty just took a support at 20% retracement at a long run. So, Looking at the volumes and sentiments it will still going down to the levels of 10500 and 10100 and then it can pull back. Also in case if the cross resistance line is broken then we can see some sideways movement and then a breakout
Short Idea from this current Prices : Entries are :22.50 ~ 22.25 ~ 22 ~ 21.75 Stop loss : 22.75 Take Profit 1 : 20.50 Take Profit 2 : 20 Take Profit 3 : 19 Last Take Profit : 17.50
Short Setup From Supply Are And Trend Line And we are at 68% FIB Zone
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3.35 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
NSE:IPCALAB , trading close to its 52-week high, ended the last session at INR 935.65, marking a 1.27% uptick . The stock currently sports a P/E ratio of 4.73 and a basic EPS of 19.36 with an average volume of 713.623K. The closing signal, as indicated by the Parabolic SAR, leans bullish. In light of the positive volume build-up observed over...
BULLISH VIEW @ 880-930 On Auro can go upto 1450. STOPLOSS 690
In the Weekly Chart of VEDL , we can see that; after applying Fibonacci, it has made a Bullish candle ate best reversal level i.e. 60 %. Expected momentum is shown in chart.
I don't know🤷♀ why people are hurry to buy There's no sign of fresh buying Only shorts are covered with profit Only risky trader's buy @ below yesterday low as a stoploss But it's far away
Dear Followers, I hope this message finds you well. I wanted to share my swing trade view on NSE:NYKAA with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy. Stock: NSE:NYKAA Holding Time Frame: 6-7 Months Entry Point: 138-142 Stop Loss Point : 118 Target Point: 170,200,230 I've...
Hello Traders, Chart Type - Heikin Ashi Time Frame - Daily Swing Chart The price has successfully tested its retracement level of 61.80% and the price holds these levels. Swing High - 387.15 (August 2023) Breakout Level - 347.95 First trade zone - 347.95 to 357.25 Second trade zone - 357.25 to 373.30 Breakdown Level - 338.65 Trade Zone - 338.65 to 308.60
I'm just wondering Nifty might test 20500 this year if16700 is not broken, lets see if this works or not, fyi: this is just for educational purpose
SBIN - short trade for target 590-587.7 reason - as per fibo 50% level 587.9, also my ichimoku study shows the same level as my tgt level u can opt for low risk far OTM 550 pe oct series @ 2.1 - target open , stop wud be 1 disclaimer - trade @ own risk