MFSL is reversed and can touch 61.8 levels easily. Keep in radar for 780,810, 840 levels.
In the Nifty chart, we can see that the Index was rejected multiple times along the trendline drawn and finally managed to give a breakthrough above the trendline. Now, this resistance trendline is likely to act as a support trendline. On Elliot wave analysis, the up move is currently at wave five, and we can expect a correction that will re-test the trendline....
FX:AUDUSD Good to short .Long term trade. Hold till TP and traget for gains.
Cipla has given closing near 37.8% and with good volume. I think we can see 1050 in coming sessions and then 1075/1100. Looking very strong.
FX:EURUSD Good to long.Long term trade .Hold till the TP and traget for gains
Biocon Ltd looks fundamentally very disappointing but there are few patterns on charts that makes it technically interesting at this point of time. Betting for an upside with a calculated risk doesn't seem as a bad option for now. BIOCON ON CHARTS: - Biocon has formed a Bullish Wolfe Wave. - After 10 Weeks the Weekly closing has been above prior candle's...
Nifty has consolidated whole week and formed a doji on the weekly charts. It has been taking resistance from 20 ema and 61.8% fibonacci levels. The market can either side move once it breaks out or break down of the consolidation zone. On the hourly charts, the market has been trading between both the moving averages and closed in between them. Markets have not...
Banknifty has consolidated whole week and formed a doji on the weekly charts. The market has remained in 600 points range. There are chances of a trending market in the coming week. Market has respected the support of 20 ema on the weekly time frame. The market has taking resistance from the 20 ema and 61.8% fib levels on the daily charts. A flag and pole pattern...
Fibonacci retracement of .5 level is working as support also volume also looks good. This can give upside movement to price 115 Target 1 and 120 target 2 in upcoming days.
FX:EURAUD Good to long. Long term trade .Hold till the profit for more gains 🚀
Disclaimer: View for Educational purpose only, not to be taken as any advice to invest or trade. Stock has corrected more than 60% from its recent highs. Stock available at lower PE in comparison to Industry PE Price-Earning Ratio (PE) 6.26 Industry PE 15.21 Stock price may continue to fall more and see levels from 142 to 125 Still seems very interesting.
Disclaimer: View for Educational Purpose only, not to be taken as any advice for trading or investment Stock has lower PE in comparison to Industry Good divident payout Ratio Stock has seen good correction in its price.
Asian Paints corrected to Fib Retracement level of 23.6% - from highs of 3600 Disclaimer: View for Educational purpose only, not to be taken as trading or investment advice.
Market now up trend started and now in HH , buy at HL Wait for the buy opportunity at higher low after
Wipro share price going to high Market now retracement complete to going up It's time to buy opportunity Target 1: 508.50 Target 2: 591.80
BTC analysis on its 4-hour time frame with support and resistance levels. As you can see, it takes support from the Fibonacci ratio of 0.382. Now it's time to observe a pullback towards its support line, and you can clearly see the 0.5 Fib level also near its support level of 22,200. It is also important to keep an eye on the divergence indicator and the...
As we can see on the daily time frame Adani enterprises at an important Fibonacci level which is 0.382 we can probably see a reversal from this point. we can enter into a short trade if trend line on the 15 min chart is break also we can achieve big target in this trade but with the proper segment selection and position sizing.
If you look at the monthly chart of ETHUSD, you will notice that the price is at discount zone and has hit an important Discount Array (FVG). It has reached the 50% of the FVG and reacted in a positive way. Now we need to look at lower timeframes (1 Week and 1 Day) to see if price is willing to go higher. Now this would be the right time to Invest if we see...