Head and Shoulder Pattern broken. If tomorrow break the lower low then it go for 130-135 and get retrace at fib level 50% 131.
Current position is BUY bought on August-4-2020 at 10987 ================================================================================== Action for 6th August 2020: Continue to hold Long and reverse to Short if NIFTY closes below 11061.5 Profit as of now 145 points Give me a like and follow me . Warning : 6th August 11:07 to 11:20 there may be a sudden change...
price made a double bottom its retesting the neck.it retraced to the 50 fibb move....im expectin a revesersal to continue bullish
Moving In Channel. At Support Zone. Previous Resistance May Act As Support. Buy Till 571. May Be A Stock For August Series. Risk Reward Favourable. Other Details Mentioned In Chart. Positional View For Educational Purpose Only. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.
VBL is showing strong momentum. Currently it's in the 4th Wave of an Elliot Impulse structure. The 38.2% Fib Retracement also coincides with a long term support at 676, which should serve well for the end of wave 4. Taking wave 3 level as a basis for minimum up move, that puts the target at around 750, which is also where the upper trend line converges. Next...
This is a long term view, It is in uptrend in Daily TF, So there is a chance for failure Downtrend in Monthly TF Fibonacci Extension reached 1 and showing resistance Fibonacci Retracement reached 0.618 Earnings results expected on July 22 @-2.85 Probable target Entry point
Buy above 4550 for 15,40,70+++ Sell below 4480 for 15,40,70++ Can comment or ping me for query/live update All views for Educational purpose, Trade at your own risk
Buy above 3185 for 15,40,70+++ Sell below 3155 for 15,40,70++ Can comment or ping me for any query All views for Educational purpose, Trade at your own risk
Buy above 2033 for 10,25,50+++ Sell below 2000 for 10,25,50+++ Can comment or ping me for any query or live update All views for Educational purpose, Trade at your own risk
NSE:ABBOTINDIA has retraced 61.8% of its rally. The stock gave a #Doji reversal confirmation 2 sessions back and moved to confirm the reversal of the downtrend. Currently the stock has moved up to its resistance level and and same can be seen from falling bullish volume. Tomorrow will be important to watch to see if it breaks the resistance or not? We expect the...
Reliance has retraced 50% from the recent highs and has formed a bullish AB=CD pattern. There is a trendline support as well. Odds favour long. Buy for 2070-2080 with a stop below 1995.
Sell Asian Paint ~ 1710, Stop ~ 1740, Target ~ 1630
There are two main buy signals: 1. 100 HEMA pullback 2. 50% Fib Retracement Should be a good long trade above 2026 for targets of 2040, 2065, 2080, 2100 with SL at 1998 Alternatively, if NIFTY continues to be bearish will look to Scalp below 1990 for 1950 & subsequently 1925 (200 HEMA) with a 10 point trailing SL.
Markings are done on charts , you can consider taking trade accordingly- Price has gave breakout of Resistance( M) Keep trailing your SL on all swing lows after taking entry, follow strict RM and PS . Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Buy above 4550 for 15,40,70+++ Sell below 4480 for 15,40,70++ Can comment or ping me for query/live update All views for Educational purpose, Trade at your own risk
Buy above 2090 for 10,25,50+++ Sell below 2055 for 10,25,50+++ Can comment or ping me for any query or live update All views for Educational purpose, Trade at your own risk
Buy above 3275 for 15,40,70+++ Sell below 3230 for 15,40,70++ Can comment or ping me for any query All views for Educational purpose, Trade at your own risk