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Fibonacci

Aarti Industries - Fibonacci retracement & Tread-line Breakout !Aarti Industries is on a downward trend and is respecting the trendline. We are also seeing a small cup and handle pattern as well where on breakout we can expect a movement till 651. In any case once it breaks the trendline, we can expect the price till 745- 800, with no resistance. Expected price movement 651-745-800. Other parameters: 1. MACD - slowly getting positive 2. RSI - will slowly pick-up once the trend-line break out happens 3. Fibonacci retracement done - moving above from 0.618 levels "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!
NSE:AARTIINDLong
by Cleaneasycharts
CEAT LTD - Fresh breakout on Daily and Weekly chartsEntire tyre manufacturing companies are in good position. This tyre manufacturing company has given a strong breakout on daily and weekly chart. Volume near the breakout is also increasing which is good sign. The stock is in blue sky zone hence, possible targets in the chart can be calculated using Fibonacci retrenchment tool. Disclaimer: Stock shared is for educational purpose and does not contains any buy or sell recommedations.
NSE:CEATLTDLong
by Vipin_Dixena
"Bank of Maharashtra" - A cheap Buy amid priciey stocks.📈 BSE:MAHABANK Technical Analysis (Jan 3, 2024) 📊 Current Price: ₹47.10 INR Technical Observations: 1. Support Levels: • Began the day above 0.50, a key support level. 🛡️ 2. Fibonacci Levels: • Surpassed the 0.618 Fibonacci level, suggesting upward momentum. 🚀 3. Parabolic SAR: • Awaiting a bi-signal for a potential short-term bearish trend. 📉 4. RSI & Stochastic RSI: • K value at 40.04 and D value at 27.90, indicating an oversold condition. 💰 5. MACD: • Observing a potential crossover with MACD at 0.27 and 0.22. 🤑 6. EMA & MA Crossover: • Anticipating a 50-day and 200-day EMA and MA crossover in the next two days. 🔮 Fundamental Analysis: • Price to Earnings Ratio: At 9.14, indicating the stock is still potentially undervalued. 💼 • Income Statement Trends: • Net margins showing a nearly flat yet improving trend. 📈 • Increasing net profit, supporting a positive outlook. 💹 Trade Strategy 📝: • Entry Point: Entry recommended if stock opens at ₹0.614 or above on Jan 4, 2024. 🎯 • Target Prices: • First Target: ₹48.85 🎉 • Second Target: ₹50.55 🌟 • Stop Loss: If price falls below ₹45.20. 🛑 Disclosures and Disclaimers: • Analysis is a personal opinion, not financial advice. • No financial advisor-client relationship established. • Trading involves risk; assess your financial position. • Information may contain errors; verify independently. • No liability for reliance on this analysis. • Past performance not indicative of future results. • No conflict of interest declared. Hashtags: #BankOfMaharashtra #TechnicalAnalysis #TradingView #StockMarket #Finance #Investing StockAnalysis #Fundamentals #P/E #NetMargins #TradingStrategy
NSE:MAHABANKLong
by finogent
Jupiter Wagons Limited - A very Short term spike expectedNSE:JWL - Technical Analysis Update 🚀📈 Current Price: ₹339.50 (as of Jan 5, 2024, 11:47 AM) Key Indicators: Parabolic SAR: Buy signal triggered 🟢 Moving Averages: Crossover at ₹323.20 MACD: Histogram at 1.21 (positive), MACD at 0.46, Signal at -0.76 Stochastic RSI: K at 75.55, D at 53.11 (not overbought yet) %R: -14.14, touching upper baseline Fisher Transform: -0.01 (Fisher), -0.59 (Trigger) Market Outlook: The stock shows potential for upside 📈, especially with the recent big order win. Short-term bullish trend starting, watch for the close above ₹341.20 (critical Fibonacci 0.618 level) for confirmation. Trading Targets: First Target: ₹350.90 🎯 Second Target: ₹363.20 🎯 (approx. 1.0 Fibonacci level) Caution: High volatility expected. Enter for short-term trades 🔍. High P/E ratio above 50. Short-term positions advised. Keep an eye on market opening movements for further clues. Stop Loss: ₹ 327.15 (around the key Fibonacci Levels of 0.382 - ₹ 327.40) ⛔ Conclusion: Jupiter Wagons Limited is a promising pick in the railway wagon sector. Ideal for short-term traders looking for growth opportunities. Stay alert and trade wisely! 🌟🛤️ Disclaimer: General Information Only: This analysis is provided as general market commentary and does not constitute investment advice. It is provided for the information purpose only. Not a Recommendation: The information provided does not take into account your individual investment objectives, financial situation, or specific needs. It should not be relied upon as a recommendation or an offer to buy/sell or as a solicitation of an offer to buy/sell any security or financial instrument. Accuracy and Completeness: While care has been taken in gathering the data and preparing the analysis, there is no guarantee of its accuracy or completeness. Market Risks: Investing in the stock market involves risks, including the potential loss of principal. The value of investments and the income from them can fall as well as rise. Past Performance: Past performance is not indicative of future results. Personal Responsibility: Investors are advised to conduct their own independent research into individual stocks before making a purchase decision. It is important to be aware of the risks involved in stock trading. Professional Advice: Consult a qualified financial advisor before making any investment decisions. No Liability: The author of this analysis assumes no responsibility for any losses or damages resulting from decisions made based on the information provided. Regulatory Compliance: This post does not guarantee that the analysis adheres to all regulatory requirements in different jurisdictions. Conflict of Interest Disclosure: The author declares no financial interest or benefit from the direct or indirect promotion of the stock mentioned.
NSE:JWLLong
by finogent
Indian Bank Stock Analysis: Spordiac Buy Signal on short term📈 NSE:INDIANB - January 5, 2024, 12:52 PM Current Trading Price: ₹435.10 🏷️ Opening & Key Levels: Today's Opening: ₹432.40 (Above 0.618 Fibonacci Level) ✅ Near 50-Day Moving Average: Indicating Bullish Trend 📊 Technical Indicators: EMA & MA: No crossover yet 🔄 MACD: Histogram at 0.48, MACD at 0.70, Signal at 0.22 (Positive Crossover) 📈 RSI: Currently at mid-range, K at 55.02, D at 37.62 (Viable Range) 🎯 %R: At -29.83 (Supportive of Bullish Trend) ⬆️ Fisher Indicator: Positive crossover, Fisher at 0.80, Trigger at 0.27 (Mid-Range) ✨ Parabolic SAR: Buy signal at ₹391.00 🟢 Target Prices & Stop Loss: Target 1: ₹443.65 (0.786 Fibonacci Level) 🎯 Target 2: ₹458.00 (Level 1 of February Series) 🎯 Stop Loss: If falls below ₹424.50 (0.5 Fibonacci Level) ⛔️ Overall Outlook: Bullish in the short term, but confirmation needed from other indicators. Volatility noted. Investors are advised to monitor closely. Disclaimer: This analysis is for informational purposes only and should not be construed as investment advice. Investment decisions should be based on individual research and risk appetite. 🚫 #IndianBank #StockAnalysis #TechnicalAnalysis #Investing #StockMarket #BullishTrend #TradingTargets #RiskManagement
NSE:INDIANBLong
by finogent
A stock for momentum traders!Quickheal has given a trendline breakout today with very heavy volumes. Stock has also managed to close above 61.8% fib retracement which clearly indicates a strong buy signal. However, the SL for positional traders is very far below 230 DCB. A retracement is favourable for short term traders. Best buy level can be 250-255 for targets of 330+. However, risky momentum traders can look for quick 5% returns at CMP. Stock might touch 295 levels in this momentum. Idea shared for educational purposes!
NSE:QUICKHEALLong
by chartistamey
1
An overview of the marketAn overview of the full crypto market with my perspective , its my first time recording a video and trying to explain people through a video , Hope you all appreciate and I will try to make it better the next time. I showed the CRYPTOCAP:TOTAL3 (alt market cap) , and you areas to NOT take trades on , and areas to EXIT / TAKE PARTIAL / TAKE PROFIT on and the areas to OPEN LONG positions. I also discussed CRYPTOCAP:BTC.D (BTC Dominance) , and showed you how I expect the money flow in alts from BTC , money flow from BTC to alts doesn't mean that BTC will fall nor does the area I marked as target for the BTC dominance shall be achieved , there are many supports to break , with each support I will try to update you all , these are merely short term Ideas over the full crypto market. Discussed CRYPTOCAP:ETH.D , BINANCE:ETHBTC & CRYPTO:ETHUSD and showed targets for them and where to expect corrections. ETH , I believe we are going to have a run to 3k before any big correction. Discussed some alt coins to hold and showed 2 large cap coins to have spot bags in which are CRYPTO:DOGEUSD & CRYPTO:XRPUSD Hope the basic knowledge and update I wanted to provide to you was understood clearly despite being with my background noise and not having proper setup for the video lecture , I will try to do better with each video. Thankyou All ! Trade safe and be safe. 💚
Long
by Kaizen_wins
2
Technical Analysis and Price Projections for MCX ZincExamining the daily chart of MCX Zinc utilizing Fibonacci retracement, notable developments are observed. In May 2023, Zinc breached the 61.8% retracement level but did not test the subsequent level at 78.6% . Instead, it retraced back to the 61.8% level. The pivotal level of 228 suggests that the downtrend in Zinc may have concluded. This level holds significance as it could propel Zinc upwards, targeting levels of 236 , 242 , and potentially 257.6 . According to the principles of Fibonacci retracement, a weak trend reversal signal is indicative of a weak trend. Therefore, if Zinc breaches the red trendline, a potential downside with target prices of 212 , 206 , and 200 could be anticipated. Caution is advised between the 61.8% retracement level and the trendline.
MCX:ZINC1!
by freestocktips