Abb has taken support from fibonacci level and price action suggest a reversal.
If we take two recent swing lows and swing highs and draw Fibonacci Retracement levels for getting a clear idea of possible retracements then there are following possibilities. 1. Nifty has two retracement levels in close proximities, which coincides with each other. 2. First Retracement level of 18030-18080 is already completed. If Nifty Sustains, will move up....
the confluence resistance of white PF median, 1/4 GANN fan line and 127.2%..............250 approx....is my target
NSE:SOBHA took support at 0.6 which is at 481.65 now its retesting at 0.5 (around 575) Take position after breaking trend line target1 - around 640 target2 - around 950
As per my knowledge and experience, by using simple tools of tradingview , uptrend of nifty is completed, for uptrend nifty have to consolidate for some days or make some ups and downs , I'm not responsible for your profit and losses Ask your advisor for more information..
There is a possibility of breakout in upside in FinNifty as it has already broke the bearish trend line and taking support of bullish trend line, currently it is trading above the neckline support. One can go bullish once it starts trading above 19100-19110 levels, target would be 19300. The above analysis is only for education and research purpose
HDFC Bank is losing momentum for upside and is trading sideways from last two week. HDFC bank may give slight bounce till 1660 but will retrace to 1540 level. One can open short position once it is around 1650 with losing momentum candle pattern. Target would be 1540. This study is only for educational purpose.
Short SBIN 1st SHORT at 600.5 2nd SHORT at 607.45 (If price arrives at this level) AVG SHORT Price = 603.8 SL BUY at 616.1 Profit booking at 593.5 or trail till 583.5
TCS is excellent buy opportunity at current level as it has completed the consolidation phase from recent fall and also have made strong recovery from lowest low of 3160. CMP 3261, Target 3300, 3360 Stop loss 3220
The new year started off quite well for the world’s largest cryptocurrency as BTC was up by 1.30% in the past 24 hours. The price level had developed a temporary support zone around $16.5K through which it is looking at the potential to test the resistance zone above the 0.236 FIB level. It must be noted that BTC has not been able to break above the 0.236 FIB...
A monthy chart of the sensex since 2008 showing Fibonacci retracements of the 08-09 fall show how the 1.618 retrace provided resistance in 2010, as well as providing resistance just a couple of percent below the 2.618 retrace in 2015 and now turning the market down just below the 4.236 retrace as well. In support of the current resistance theory is the failed...
Looks like Tata consumer might fall till 700-697 If breaks that 617 in coming days. Findings: 1. Might touch 0.786 retracement from low 2. 700 is also co-insiding with A=C 3. Good prize action support level 4. 617 level is also a channel support. This is just my view please make your own analysis and trade safe..
The new monthly session has began and the markets have shown some weakness on the monthly time frame as a bearish engulfing candle is formed. A serious rejection from 38.2% fib level on the weekly time frame is there. The market has taken a resistance from 20 DMA and closed around 18100 levels. On the hourly time frame, the market opened near the 200 ema and...
Nifty has ended the year at a very crucial juncture and next few days or weeks would define its way forward in 2023. Fibonacci Analysis: - If one connects the Sep end lows of 16747 and current Dec highs of 18887 , Nifty retraced to its 50% level of 17800 and found support there. Similarly for the current downmove in Dec from 18887 to 17774, it found...
Good Day, Hello Traders, See how beautifully it is following Fibonacci Levels as the rounding bottom is completed Now the next targets lined up are 909/ 971 / 1048 / 1188 Time Frame: Daily Hold for 8 to 12 months. It also depends how market behaves, however the trend and the sentiment is bullish . Chart Self Explantory. Disclaimer : I am not SEBI...
Looks like the support it took yesterday, more chances for gold to move towards 1835
BSE LTD is a BUY @ 604 Defined RR With auto Fib targets as.. SH TM (3-12 weeks) - 710 (17%) MD TM (3-6 months) - 789 (30%) LT Targets 1040+ (72%+) Strict SL @ 530 - (-12%)
Titan ltd. share price slowly moving down to the fib retracement level of 0.5 and 0.61 , that will be final target from there price will moving up.