NSE:AMBUJACEM THE stock at a good WTF support level with 0.5 fIB Zone RSI at a 40 support good good to trade if candle closes good
In the above chart, the price action goes like this. 1) 50-60% Fibo retracement zone - Stock after a substantial fall getting lots and lots of demand from this zone 2) Its fibo retracement - Used from a swing low to swing High 3) Its called a counter trendline - stock currently getting demand on the extended CT, as a result of breakout and bigger time frame...
Looks like more correction might happen in Bank nifty in the coming months, lets wait and see what happens
looks like more correction is going to happen in fin nifty in the coming months based on the support and resistance, fibonacci levels I'm expecting 17500 as the support
FX:EURAUD Good to long. Long-term trade. Hold till tp for more gains 🚀
FX:EURAUD God to short. Long term trade. Hold till tp for more gains 🚀
Bullish ABCD pattern in Nifty (SL on 15 min. candle close) PRZ for Buy 16918 SL 16800 Target : 17750, 18100 CMP 16972.15 @ March 15, 2023 Chart by CA Savita Rehlan
Nifty has given a bearish engulfing candle and closed below the crucial level of 17k. The market gave a gap up opening but couldn't sustain the higher levels and finally sank to test the support zone around 17000. On the hourly charts, the market has clearly taken resistance from the 20 ema and 38.2% fib levels. There are higher chances of nifty testing the...
At 2500 Start your strategy for long. please hedge positions for better risk management, then at 2100 and at 1900 level try to buy more. lets see
NSE:KOTAKBANK is trying to breach 0.5 Fibonacci levels, and if succeeds to close above that level we can see short term upside in the stock. Target 1 = INR 1778.40 Target 2 = INR 1803.60 Stop Loss = INR1717 The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved. Disclaimer : The following information is for...
Go Long above 1203.35 for Targets of 1286.7, 1370.05, and 1453.4 with SL 1120 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked...
Go Long above 27.95 for Targets of 31.1, 34.25, and 37.4 with SL 24.8 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing (marked with...
FX:USDCAD Good to long . Long-term trade.Hold till TP for more gains 🚀
U.S Dollar currency Index:-It form H&S pattern on monthly chart. It may start to correction from here. US 10 yrs Govt Bond Yield:-It is near major resistance 4.13%.It may start to correction from here. Nifty has inverse relations with above both, so it may start to bounce from major support level. Nifty major Support level 17122-17099
H & S Correction is almost over (It is not necessary that after H & S correction, it may move up) After the present market corrections, one may consider for entry Also note that it is already retraced 61.8 % from the top and is started to move up ( A normal concept only) Present RSI is 45.3 Two expected targets for short / long term is given. Disclaimer: It...
FX:GBPUSD Good to short . Long term trade.holrmtill tp for more gains 🚀
Short trade se on daily TF, Idea & level mention on chart. Study / Analysis based on ElliotWave.
NIFTY on EOD basis has given a good closing above its previous day high. This is always considered to be a very good bullish pattern. The upcoming resistance will be at the zone of 17774 -17824 (50 Points) . The Fibo retracement of 0.33 lies in this zone too. A breakout above it will lead the Nifty towards 18071. CHART & ANALYSIS ADARSH DEY