SUN Tv has taken resistance from its old Supply zone of 470 levels and is ready to take a retracement and fall to around 445 or 450. If you closely observe the chart, then you will find that there is trendline support as well. It is a kind of retracement before it starts its upward journey.
The Redtape shoe-making company has given solid returns over the past year, increasing the investor's wealth by 5x but is it the right time and place to buy the stocks? The chart clearly shows a good rally but it is falling down and if you take the help of Fibonacci retracement then you can clearly see it had taken support at .6 levels. The best place to buy the...
If you closely observe the chart of Bitcoin then you will find that it has retested the trendline and is taking support as well. Apart from this, it had also resisted at the RSI level, signaling that it can move a little bit down but the question arises how much? To find the answer of how much, you can take the help of Fibonacci retracement that would give the...
Nifty has been holding the highs for long. But during the last trading session market has given a bearish engulfing candle and formed a gravestone doji on the weekly time frame. The market has given a red candle and closed 165 points lower. Profit booking and retest was required and market has retraced to 23.6% fibonacci levels. On the hourly charts, the market...
BUY - KALYAN JEWELLERS INDIAN LTD CMP - Rs. 109 Target - 1: Rs. 123 Target - 2: Rs. 133 Target - 3: Rs. 150 . . Technicals - 1) Bullish Snorm Harmonic Pattern. 2) Targets set using Fibonacci Retracements. 3) The stock is at support. . . Follow me for more!
JSW steel has been respecting a resistance zone around 780 levels from May 2021 and has finally given a break out. Is stock going to carry the bullish movement or break out is fake out?? The stock has given a close above the levels on the weekly time frame and at the same time the gravestone doji is creating a confusion of stock gaining some positive...
My Idea For Nifty For Monday 10/07/2023.....................................................
Reversal from fib. golden zone on weekly time frame. Double bottom base formation breakout. Auto sector is bullish because of good sales growth. Buy trade can be initiate above 3160 with the Target of 3612 and 4040 with the SL 2810
Banknifty Time frame = 15 Min Pattern = Head and Shoulder Type = bearish Manor support = 44500----44250 250 Point Major Support And Reversal Level
Looks like nifty will test 19369 as the first resistance and if that break 19584 will be next resistance for this week
The blue lines indicate the strong trendlines where the price could take support. As all can see, the chart has respected most of the Fibonacci levels very well including the strong 1, 1.618 and 2. My expectation of the short term reversal zone was from the upper half of the 1.618 to 2 zone. Expect some correction next fortnight but it should be a good chance to...
Looks like nifty is moving towards 18970, lets see Target 1: 19180 Target 2: 18970
After very long long time we can see positive movement in this counter, if you are invested in this stock please sit tight my target is minimum 32 + I will buy on dips very small quantity of my entire portfolio My stoploss is very clear @ 13₹
Fibonacci Levels Unfilled Gaps Previous Support and Resistance DMART Buy above 3845 SL below 3731 Targets 3958, 4014, 4071+ ***Educational Purpose only***
Previous Support and Resistance Volume Build up BODALCHEM Buy above 75 SL below 71 Targets 76, 78.4, 80, 85 + *Educational Purpose Only***
EXIDEIND Buy above 236 SL below 224 Targets: 240 247 249 ***Educational Purpose Only***
Buy Apollo hospitals above 4465...Target and Stoploss are mentioned....
Bnf looking side ways to bearish right now Actually it's in range between upar side 45600 to 44800 levels But you observe closely this daily charts, it looks flag pattern right now, It means continueation peterrn And today also weekly expiry so very chopy market Buy herozero trade or no trade