Intraday Analysis of Nifty and Bank nifty Regards, Thenali View
BEL looks good for a long trade. All the reasons for the trade have been explained in the video
The price is halting at good level once the channel pattern is broken can take a long position.
Quick heal is at really crucial level in chart .If it gives break out the price might shoot up.
Nifty has touched All time High - 14666.45 on 20-01-2021. 20-01-2021- Day Low was 14517.55 and Closed above 14666.45 As per my Yesterday Analysis, I have explained that if Nifty goes pass 14500 we can go for Long and Target will be 14610. But nifty not able to close in 14653.35 in Daily basis. Expected CPR: Pivot 14,609.57 Bottom CPR 14,592.00 Top...
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Good long opportunity appearing in USDINR. It getting rejection from Fib 38.2 level on Weekly and there is a support also. If it breaks 1D trend line so you can go for long.
For all my beginner friends and especially TamilNadu friends i am posting this video on how to draw Trend line, Support Line and Resistance Line and Fibonacci Retracement. Just have a view and ping me for any queries and doubts.
NSE:MOTHERSUMI
NSE:ASIANPAINT
Looking at the confluence on the daily with this fib circle, I am itching towards this trade!Bids set! Let's go!
BEAUTIFUL MOVEMENT GIVEN RIGHT AT TIME OF EXPIRY. WRITING CE OPTION 960,940,980 LVL
Looking at current situation we have flag and pole breakout. My target is 10% which is 280 lvls in coming 2-3 weeks.
NSE:AVANTIFEED Stock falling sharply. If we see Monthly/ Yearly Pivotal confluence zones, It is somewhere around 1050 Zone. BUt if we take Fibo levels, If stock bounces from 0.618 zone i.e 1450 area, Safe buy would be above 2350 as per AB=CD Fibo theory. Also see how stock found Resistance near Fibo Yearly Pivotal R1 zone. Also 1 always gets the clue. In this...
NSE:AVANTIFEED If we look @ the monthly chart & apply Fibonacci, Now stock is nearing 0.618 Golden ratio. (1440 zone). So 1 need to watch how this stock behaves @ this level. Given if & only if stock bounces from this important golden ratio zone one can expect stock to reach 4000 in 300+ days or even 4400 (161.8% of Fibonacci extension). But plz do note that just...