Infosys is in Zig zag correction after making top near 1955. The Rally from covid low ends in 5 waves near 1955. Currently in Wave C which can head up to 1073 and worst case 700 which is 1.618 extension. Analysis invalidation level will be 1620. The LAST Time we analyzed it, moved as per chart DISCLAIMER: There is no guarantee of profits or no exceptions...
Eicher motor has shown fibo retracement and can touch 3200 levels in coming days. Expect it to touch 3160 tomorrow. It has also given tripple bottom and a reversal confirmation doji. both signal are extremely positive.
Hello Friends, here we had shared possible Elliott wave counts of USOIL CRUDEOIL chart on hourly time frame, which is suggesting we are currently in impulse wave of some degree, in which we had completed (i)-(ii)-(iii)-(iv) and now possibly we are unfolding wave (v) of bigger degree wave 1, in this scenario we had seen that wave (iii) has been extended and clearly...
This stock has formed a pattern called Double Bottom, providing a target price for the intermediate-term in the range of 87-89. The price recently crossed above its moving average signaling a new uptrend has been established. It appears that the price of DBRealty has reached a low point and then rebounded, indicating a potential reversal of its downward trend...
CumminsInd took support @ 1550 & bounced back, previously it took support @ 1550 & made new high, as long as cummins stays above 1530 (which happens to be its 50% fib retracement level) its a buy. Risk:Reward very much in favour of bulls. Could be bought with mentioned stoploss & targets.
on crossing fibo level 480 looking for target upto 520 keeping stop based on comfort disclaimer - trade @ own risk
BUY - SONACOMS CMP - Rs 422 Target - 1: Rs. 593 Target - 2: Rs. 806 . . Technical - 1) Bullish Cypher Harmonic Pattern. 2) The stock is at support. 3) Targets have been set using Fibonacci Retracement. . . Fundamentals - 1) Company has opened a new manufacturing plant in Pune. 2) 62.66% YoY growth in EPS. 3) FII holding has increased QoQ. 4) DII holding increased...
Gold signal in bullish direction stop loss is 60335 level and target is 61717 or nearby. if Gold is going above the 61717 then you have bigger target 63828. Fib level support 61.80% this indicate bullish. enjoy the trade with small stop loss and big target.
Ucobank trade in very small Range & making Flag Pattern, if it is Break upside then Favorable Risk Reward ..
Bank nifty Reversal is strong with volume. last trading session it move with breakaway gap which is sign of good up move. It may test potential resistance level 40041-41241 soon.
Nifty trading in parallel channel. potential resistance zone is near around 17529-17707 it may test these level soon.
Nifty is now in overbought zone and needs some correction for i.e. upto level of 23.6% or 38.2% Fib Retracement if open gap up Short Nifty @17590-17645 SL 17673 Target 17470-17430-17340 CMP @17557 April 05, 2023 Chart by CA Savita Rehlan
Buy Zone, Target are already marked on the charts. For knowing detail about the trade setup, please refer to my IndusInd bank Idea. This chart is for educational purpose only and have no direct and indirect indication to trade on this script.
Nifty might reverse from 17570. Any Bearish reversal Candle on 5 min TF can lead to Shorting opportunity
The plotted levels are Fibonacci projections for BTCUSD for 4th April 2023. Please review and comment accordingly.
Entry, target and stop loss has been clearly marked in charts. please note that this chart is for educational purpose only.
BUY - GR INFRAPROJECTS LTD CMP - Rs. 1020 Target - 1: Rs. 1326 Target - 2: Rs. 1431 . . Technicals - 1) Sea Pony Harmonic Pattern 2) Targets set using Fibonacci Retracement. . . Follow me for more!