in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend. Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on. here sl should be - 102 (below morning star low), 1st tgt - 131...
Expect a strong bounce back to 310 levels if the stock holds current levels. It is trading near the confluence level and the level will act as a strong support. Analysis based on fibs
Seems like BTC just had a breakout from the .786 Fibonacci retracement. Might hit $3,000 by the SegWit2x lock-in.
abc down move done, next should target 367. the correction took support exactly at 50% retracement level. in hourly charts we are seeing wave 1 up, wave 2 dip to 333 to buy with stop loss of 327, target 367
DABUR: Healthy Correction Ahead. Witnessing Trend Rreversal. Indicators & Oscilators Indicating OverBOUGHT. Taking RESISTANCE on "GANN Line 1 X 2" , Can Move to " GANN Line 1 X 1 " and Take Support. also possibility not to cross " GANN Arch 3 X 0" All Levels Plotted in Chart. intraday / Swing trade: SHORT: Above @ 306+ More : Above @ 309.5 + TARGET: @...
NIFTY : What NEXT on 17th JULY 2017. (Spot & Future) Intraday LEVELS Plotted in CHART. NIFTY: Candle Pattern Confusing (HH & LL) Filled 8 point Gap, Out of 28.5 point, Before "V" Shape recovery To fill GAP, Mentioned "9827 (STRONG)" in Green Colour on Chart" may be Tested & Use as BOUNCE Point. Bullish GAP Formed on 13th July 2017,Till Now GAP Was 9824.95 to...
Due to Low AVG.Crude Oil Price in Last Quarter (Q1 of 2017-18) Refining Margin may in pressure , Drag RELIANCE to Below Median LINE Harmonic "Bearish CRAB in Progress". PRZ: @ 1588 (if Pattern Confirms.) All are Plotted in Chart. Do SHORT in Higher Level, BEST Above @ 1560+ TARGET: Plotted on Chart. FnO trader can LONG Nearer OTM PUT Option, when...
IPCALAB: GOOD for HEALTH of PORTFOLIO Pattern: Harmonic Bearish BUTTERFLY (last Leg inn Progress) Nearer Parallel Channel Breakout. Technical Indicators & Oscillators Indicating UP Side. Go LONG : LTP @ 485 (at 10.36am of 17th Jul 2017) More accumulation: @ 481.20 - @ 479.50. TARGET (Intraday / SWING): @ 489, @ 490.80 - @ 492.20 (Hurdle Zone), @...
Bouncing From FIB R 0.236. Trading in FIB R 0.386. Inn ICHIMOKU KUMO Zone (Bouncing from Below) Go LONG: @ 263.90 Best or more accumulating Zone: @ 259 - @ 261 TARGET: @ 268, @ 271.7, @ 274.3 - @ 280.3 (HZ) , @ 284+ More on Chart. Strong SUPPORT: @ 252 - @ 254 SL: At Above Mentioned Support Zone. (By Closing) If enriched your knowledge, Please don't...
BHARAT FORGE Prepare for Breakout. Projection of some HARMONIC Pattern . All Plotted in Chart. Trade setup on Query / in Market hour when opportunity comes . For FnO strategy: On QUERY . If enriched your knowledge and would help you in trading, Please don't forget to Hit / Click Like button. Your likes are the only motivation to post better ideas...
Is WAVE - 5 Ends ? As EW theory, 3 HARD (Basic) Rules are: Rule 1: Wave 2 cannot retrace more than 100% of Wave 1. Here, Wave 2 Retrace 66.8% of Wave 1. Rule 2: Wave 3 can never be the shortest of the three impulse waves. Here length of W -1: 14.98%, W - 2: 27.26%, W - 3: 14.82%. Rule 3: Wave 4 can never overlap Wave 1. Here W - 1 Ends...
BANKNIFTY Spot: Settled at 23937.70, Though in NORMAL market it was: 23943.20 GAP Form in UP TREND on 13th Jul 2017. Covered some point on Friday But Till now more point Needed to fill GAP. Crucial Level at 23730 (STRONG), to Fill GAP Must WATCH, GANN Line "2 X 1" (Marked in Dotted Green Color , Near "Extreme SUPPORT Level", as of NOW at 23523 ) For Dip fall...
JUBILANT FOOD: Is BULL Run OVER ? Bearish CRAB completed. Can we see Bearish DEEP CRAB? Or, Retracement. Supply Zone: @ 1178.50 to @ 1209 LTP: @ 1160 (Spot) Go SHORT: @ Mentioned Supply Zone. For Aggressive Trader Here (in FnO segment Here with HEDGE as Calculative Risk) Some Intraday / Swing Targets: @ 1148, @ 1140 - @ 1130.7 (BZ #1) , @ 1117- REST TARGET...
Pattern "M', After Pattern "W". Indicators OVERSold. In ICHIMOKU KUMO Cloud Change to +VE. (green in Colour) Volume More than AVG After 8 Trading Days. Nearer Bullish Harmonic Pattern (Though not fulfilled all Criteria) Strong Reversal Zone: @ 636 - @ 625 GO LONG: @ 669 -@ 660 (for aggressive trader) Best Buy: 656 - @ 650 (For Swing / Positional or...
BANKNIFTY Spot: Settled at 23888.65, Though in NORMAL market it was:23866.4 Above GANN FAN "2X1" line In GANN point of View Crucial Levels are: 23890 - 23909, 23958 . Must WATCH, GANN Line "2 X 1" For Dip fall CRUCIAL LEVEL 23546 , Mentioned in "Fate of BANKNIFTY 0.47% View (WEEKLY Basis)" Levels & GANN Lines plotted on Chart. Trading Range: 180 -205 Points,...
All Plotted on Chart. Analysis Based on FIBONACCI. Indicators & Oscillators Looks Good. Tests Double BOTTOM (CanSay Triple also), Support Zone. Go LONG : @ 250.65 ( LTP at 12.00pm ) More Accumulation Zone: @ 245 to @ 247.50 TARGET: @ 252.45, @ 254.20 , @ 256.35 + More on Chart Strong Reversal Zone: @ 246.50 to @ 245.00 SL: BELLOW "Strong Reversal...
Intraday LEVELS Plotted in CHART. NIFTY: Candle Pattern Confusing Bull Candle with Negligible Lower Shadow & Very Small Upper Shadow. GAP UP Opening, made HIGH in last Min. of Trade. Indicators & Oscillators OVERSOLD. TREND: UP (Possible REVERSAL in Upper Level), Bias: -VE Crucial LEVEL : 9937 - 9947 VIEW: NEUTRAL (LONG in Lower Level) / SHORT in Higher...
Trading between Crucial Reversal Zone @ 1249 - @ 1235 Reversal Soon, Grab Opportunity using SWING. LTP: 1243, (at 10.14am, 11/07/2017) Go LONG: aggressive here Best LONG @ 1236- 1240 (for Safe Trader) TARGET: @ 1257, @ 1263, @ 1267- @1274,(HZ) @ 1285+ SL: Below @ 1219 (By Closing)