Natural gas is in the support zone of 359-350 which is 0.786 retrace aswell This is my view please make own analysis and trade safe.
stock can be a good buy in case it slips to confluence support of 50% fib. and AVWAP.
be ready to buy this stock when it reaches the confluence support LM of pitchfork, trend line, 38.2% fib., and AVWAP
Tata Steel is trying to break out of the long Consolidation (1.5Years+) It did a breakdown on 23rd Decemeber but immediately reversed which suggests a furious move on the other side. It was also the 61% Retracement of recent trend. Important Levels: For Long term Investors: It should not Close and sustain below Rs100. Trade below 100 opens up the areas of...
Hey guys, Try not to trade randomly, Just wait for your proper edge and enter the market...... Pattern, Breakout/breakdown, will increase our winning probability
Hey guys, Try not to trade randomly, Just wait for your proper edge and enter the market...... Pattern, Breakout/breakdown, will increase our winning probability
There are some reasons for shorting Nifty, Reasons :- 23.6% Fibonacci rejection level, Rising Wedge, Multiple time tested support zone, Rejection zone, There is a High Probability of breaking support.
In today's session Manappuram Finance showed some wild swings. CMP corrected almost 4.33% in first 15 min of today's opening. But its price chart is quite interesting if you look carefully. The first candle in 15 min timeframe showed stock corrected almost 4%, but in the same candle a bearish shadow can be observed somewhat equivalent to the length of the body...
keeping 17780 as stop looking for targets 17920 - 17960 - 18000 forcaste based on harmonic stop and target as per fibo disclaimer - trade @ own risk
The correction in HIKAL LTD seems to be done, the wave counting has been mentioned in the chart. Currently the stock is trying to a time wise correction and has consolidated for a time being try to form a rounded bottom structure and taking support on a curve during the correction phase. Interestingly HIKAL LTD has a trading cycle of forming a low in every 88...
It fell more than 70% from its high, and recovered more than 80% from the low, then again it is falling. Case 1 In Jan 2004, the same thing happened. First fell more than 60%, rose 40% and again fell 54%. Then started to rally again. Case 2 In July 2011. First fell 75%, rose 110%, fell 60%. Then a strong rally. Case 3 Current situation. Fell 75%, rose 85%. Now...
Banknifty on the weekly charts has formed a doji and has respected the weekly fib levels too. The market remained for selling whole week and in the last session closed gaining 290 points. The market for 3 days has been forming dragon fly dojis but still trading below 20 DMA. On the hourly charts, the market has crossed the 20 ema and closed between both the...
Looks like Dr reddy is will take support near 3600 level based on fib support and resistance
TataChem looking good for short, ABCD pattern formed also it has taken rejection from AVWAP(Pink color line) on Daily Time frame. Also Fib Retracement level of 50% at reversal. 3 confirmations.
I am a fan of Fibonacci retracement. I have backtested 50% retracement like hundreds of times. Also in this BINANCE:FETUSDT trade price has retested support zone. Entry 0.2050 Exit 0.2550 SL 0.1850
stock will become a good buy when it touches the brown line which is 38.2% fib.line......notice that AVWAP also is touching this line which is an added confirmation.....4950 approx
buy this gem of a stock when it reaches the confluence support of yellow channel median, white PF median, 61.8% fib and S2 PP......33.5/34.5 K range
Banknifty has given 2 dragon fly dojis and if the market start trading above 42300 levels, nice movement can be captured. The market on the hourly time frame, has closed below 61.8% fibonacci level but between both the moving averages. The market took support around the 41750 levels and closed near 42100 losing 150 points. On the 15 minutes chart, market gave...