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Fibonacci

Will $NSE:BAJAJ_AUTO Sustain ? Dear Followers, I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:BAJAJ_AUTO I have been monitoring. It appears that the stock is approaching a potential resistance level Near 5180-5250 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 4700 In Downmove. Resistance Levels to Watch out. R1= 5120 R2= 5180 R3= 5280 Support Levels To Watchout. S1= 4900 S2= 4680 S3= 4500 As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out. Best regards,
NSE:BAJAJ_AUTO
by PrachiMetha
Ashok Leyland Support BrokenAshok leyland opened flat but during today's session the price dropped more than 3%. A strong body red candle broke the support of 175.90 which is a shallow pullback retracement level of 23.60%. Also it's important to mention that the moving averages are in a bearish cross. So, all these indicate a downtrend. The next important level to consider is 166.80 which could act as a strong support. Hit the like button!! Show some energy!! Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. The material is only for educational purposes. Thanks Er. Simranjit Singh Virdi
NSE:ASHOKLEY
by ssvirdi
Ashok Leyland - Fibonacci Retacement & Trendline Breakout!!!Ashok Leyland had now rested as per Fibonacci levels. The stock is also testing the trend-line. A break-out of the trend-line with volumes with lead the upward journey again. Other factors: 1. Positive news - Ashok Leyland bags orders for 1666 new buses from Tamil Nadu Govt. to be executed between November 2023 and March 2024 2. RSI diversion - moving upwards 3. MACD - On the verge of being postive 4. Trendline breakout "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!
NSE:ASHOKLEYLong
by Cleaneasycharts
ELECTCAST LONGLets analyse a stock with wyckoffian 3rd law ..... ..........Volume is the EFFORT and Spread (Price) is the RESULT ............. someone just looking at only price and ignoring ........VOLUME ............ HALF the data thats available for analysis Wyckoffian 3rd Law also gives importance to HARMONY ( small spread and small volume) .................. ANAMOLY ( small spread with large volume or large spread with small volume ) ...... both are important when we analyse the chart and activity of the COMPOSITE MAN candle 1 and 5 is harmony and candle 2,3 ,4 are ANAMOLY candle 1 ... large volume high range candle with breakout , candle 2 was low range but high volume ....... price had a pause for few days ... , candle 3 high range and low volume candle ... manipulation by composite man to shake out weak hands candle 4 ..... high range candle with low volume ....candle 5 ..... again the smart money checking the easy of movement and could get a high range candle with less volume(Less EFFORT ) compared to the breakout volume ....... stock is ready to be marked up once we understand this Target 1 reached .. calculated by fibonacci extension tool target 2 can also be calculated
NSE:ELECTCAST
by NareshBiyani99
Does $NSE:COCHINSHIP will Face Resistance?Dear Followers, I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:COCHINSHIP I have been monitoring. It appears that the stock is approaching a potential resistance level Near 1250-1270 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 930-900 In Downmove. Resistance Levels to Watch out. R1= 1210 R2= 1280 R3=1340 Support Levels To Watchout. S1= 980 S2=900 S3= 820 As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out. Best regards, Ajay Metha
NSE:COCHINSHIPShort
by PrachiMetha
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Can $NSE:TITAN Will Fly ?Dear Followers, I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:TITAN I have been monitoring. It appears that the stock is approaching a potential resistance level Near 3350-70 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 3020-3000 In Downmove. Resistance Levels to Watch out. R1= 3360 R2= 3480 R3= 3620 Support Levels To Watchout. S1= 3150 S2= 3030 S3= 2880 As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out. Best regards, Ajay
NSE:TITAN
by PrachiMetha
Swing Trade Opportunity in $NSE:HLEGLAS Dear Followers, I hope this message finds you well. I wanted to share my swing trade view on NSE:HLEGLAS with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy. Stock: NSE:HLEGLAS Holding Time Frame: 45-60 Days Entry Point: 575-580 Stop Loss Point : 525 Target Point: 660,690,720 I've created a chart on TradingView that illustrates my analysis. You can view it by clicking on the following link: in.tradingview.com Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Date 10-Sep-2023, and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions. Feel free to reach out if you have any questions or if you'd like to discuss this swing trade view further. Your feedback and insights are always appreciated. Best regards, Ajay Metha
NSE:HLEGLASLong
by PrachiMetha
Can $NSE:PFC Will Face Resistance?Dear Followers, I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:PFC I have been monitoring. It appears that the stock is approaching a potential resistance level Near 250-255 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 210 In Downmove. Resistance Levels to Watch out. R1= 245 R2= 255 R3= 263 Support Levels To Watchout. S1= 220 S2= 210 S3= 195 As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out. Best regards, Ajay Metha
NSE:PFC
by PrachiMetha
Nifty weekly analysis for 09/10/23.Nifty on the weekly time frame has fromed a dragon fly doji after retesting the 20 ema. There is a gap up opening after tested 19350 levels and has closed around the 20 ema on the daily charts. On the hourly charts, the market has closed around the 200 ema. Though, the markets are opening gap up but there is no follow through in the direction. Nifty last week has been froming a consolidation phase after gap up or gap down opening and trading in a narrow range. It has retraced to 19300 levels andi is now standing around 3802% fibonacci levels. For a bullish momentum to continue, it should cross and sustain above the 19900 levels. Other wise market will ramain volatile. Major trend levels are 19900 and 19250. Bullish or bearish trade can be trailed once the market starts trading above or below the levels. Support :- 19560, 19500, 19350 Resistance :- 19730, 19850, 19900 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
Short Setup in Marico FuturesTrend - Negative If the price sustains below 541.40 then it could see the levels of 525 and then 510 The price gives a breakdown of 541.40 which is a 38.20% Fib retracement level. A strong bearish crossover near an important level of 28.60% (Fib retracement). The breakdown of the Bollinger band Hit the like button!! Show some energy!! Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Thanks Er. Simranjit Singh Virdi
NSE:MARICO1!Short
by ssvirdi
NAUKRI - Bullish Engulfing Pattern formed at SupportA strong bullish engulfing pattern is formed on an important support level. The support level of 4064 is a 50% Fibonacci retracement level and is also an important psychological level. So the bullish engulfing pattern on such an important level indicates an uptrend. Trade Zone: If the price moved above 4265 and sustained, then we could see the levels of 4529 Hit the like button!! Show some energy!! Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Thanks Er. Simranjit Singh Virdi
NSE:NAUKRILong
by ssvirdi
Nifty Futures - Oct 6Primary Trend : Negative Range-Bound Trend : All up Moves can initiate profit Booking @ 19630 whereas All Down Moves can Initiate Short Covering @ 19500 Upside: If Nifty futures for the Oct Series move above 19550 and sustain. Then Nifty futures can touch 19616 and then 19675 during the day. Downside: If the support of 19519 is broken then Nifty Futures can touch 19460 and then 19412. Hit the like button!! Show some energy!! Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Thanks Er. Simranjit Singh Virdi
NSE:NIFTY1!
by ssvirdi