The plotted levels are Fibonacci projections for BANKNIFTY spot for 26-APR-2023. These levels are automatically plotted through my indicator.
The plotted levels are Fibonacci projections for NIFTY spot for 26-APR-2023. These levels are automatically plotted through my indicator.
Price is trading near itsw IMP resistance if it brakes upside we could see a upmove
Weekly and Daily TF looks bullish. Structure has shifted in 4hr. Also note general is in a retracement phase it could impact negatively to this stock.
Looks like reliance has to to more as per the current trend can aim 3k levels
So many traders talking on youtube as nifty will bullish on manday 24 april 2023. Yes. It is true only If nifty50 opens and sustain above 17670, it will bullish with 1st target 17730 and 2nd target 17767 or else it will be in a range as per current scenario. It's my view of education.
Weekly analysis of Bororenew stock can be analyzed as a beautiful representation of flag and pole pattern. The flag is a falling wedge pattern and currently is nearing the breakout zone which is also its 50% fib retracement level. The daily time frame chart of the stock is signaling a bullish breakout and the risk to reward is very attractive. Fundamentally, this...
ICICI Bank is expected to come out with results. The stock has tested it's 76.4% retracement. Given the chart set up, one may consider a Bear Call spread strategy for May expiry. Sell 900 Call option and Buy 920 Call option. Profit potential of 19% on margin. Take care and safe trading...!!!
Banknift Trendline Breankdown & Fibo Level Target for 38.2% & 50%
looking for a nice upside for this expiry target till 1255-65 stop as per comfort breakout based trade using indicators RSI, fibo, trend line to enter the trade disclaimer - trade @ own risk
Silver next resistance at 22 if it crosses the 22 mark, we can see a 3.9-8% upside move
30 minute chart analysis of hleglas for educational purpose. The chart is self explanatory, marked as 1st option and 2nd option short term price movement going forward, also marked invalid zone. Note for everyone who came across this study: This chart is only for educational purpose. This is not buying or selling recommendations. I am not SEBI registered. Please...
Analysis on 17th April 2023 Morning. Important Points, - C wave is begun after consolidating of B wave Possible Target are shown in Chart, according to Wavelength Theory using Fibonacci Tool. - 25k is psychological level also so first target will be 25k, Rest will be updated with new candles formed. Have A Good Day!!
BUY GRAUER WELL 116, TILL 85 FOR 120/160/185. Weekly breakout done and higher highs are made. Fibonacci extension drawn after breakout on weekly charts suggesting target shared. Invalid below 80 on weekly closing basis.
Reliance: the heavyweight counter is trading in a tight range with support can be seen at 2250 areas while hurdles at 280-2410 zones the counter need to surpass this range for any effective trade however good for option strategies like IRON FLY, IRON CONDOR, STRADDLE SHORT with a hedge, and calender strategy as well
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...