JK Cement ~ 3095 Level Act As Hidden Resistance Near ~ 78% Fibonacci Retracement, Sell With Stop ~ 3140, Target ~ 2900, Dec Expiry.
Retail Equity Technical Research Report A Weekly Pick (Medium-term update) RAIL VIKAS NIGAM LIMITED (RVNL) Elliott Wave View: RVNL, Wave (5) of 4 in Play? Dec 24th, 2022, By Dinesh Naidu Medium-term Elliott wave view on Rail Vikas Nigam Ltd (RVNL) suggests that the decline to Rs.84.1 (29th Nov'22) ended wave 5 of 3, downside rally is still in progress with...
Nifty after falling for 4 days straight has come to 50% level of fib retracement. Pullback expected on monday upto 18000 level as nifty need to retest this crucial level to fall again. This is only for educational purposes. Please trade as per your analysis and risk management.
What we are seeing in the bank nifty future in a daily time frame? I am using a 20-moving average along with Fibonacci levels, marked support and resistance as well. The price is below the 20 MA which means the price is not going to up sooner, but it does not mean the market is crashing. I can call bank nifty is correcting itself after making a new all-time high....
Bank nifty future form H&s pattern. It may correct up to 41730 so sell on any rise up to 42950 and more short 43260 future levels.
What to Do Today in Banknifty Futures? Avoid buying a Call option, even if you see any opportunities Try to buy a Put option I have marked the area where reversal or holding of the price might be possible. Before taking any trades see the right opportunity and take your entry with a proper stop-loss. 42451-42404 reversal zone or act as a resistance 41974-41924...
If you are Bullish about the auto industry or wanted to Invest in an Indian Motor Company and pick up TATA Motors for the long-term Investment you are taking the right decision. In this analysis, we are going to talk about Technical Analysis As we have seen during the pandemic period the price of the share fell from RS 200 to RS62 after that we have seen a...
This is swing trade The has reached to a important level according fib retracement The stock can futher can go down in worst case scenario upto 575 whnen banknifty will take support from 42000 or test the levels . fib rectrament is at .618 which is golden ratio the target will be 660 which is next ratio This is for educational purpose
Flat and Sideways If tomorrow which is 23-12-22, the price opens inside this shaded region/flat then the price will follow the highs and lows of 22-12-22. Gap Down The market is showing a bearish. But we are near the important support level. if the market opens below 43210, we can assume that the price will go up to 42122. And if it sustains between 42122 to...
bata is now entering demand zone stock was in pressure for last few weeks can show a pullback move now from here owards with stop at below 1550 it can zoom higher towards 1840-1870
• Major trend is bearish but we can trade reversals of this big bearish impulse with good risk and reward. • Seems like consolidation of 12 days (shown by box on chart) can become base for price, to recover again to some extend. • Entry:- 3425 • Upside Fib-levels can become our targets. Targets :- 3549.55 , 3633.20 , 3710.80 , 3752.25 • Stop Loss / SL :-...
US Government 10 yrs Bond Yield form Double bottom pattern on weekly chart it may rise up to 4.00 level. Market may correct deeply soon.
- Oct 9th 2022 the low making date for NIFTY was mentioned as 13 or 14th OCt 2022. The low was made on 13th Oct and NIFTY resumed upside. - The target for the upside rally was mentioned approximately 18900 on 24th Oct 2022. - Nifty achieved a high of 18887 on 1st Dec 2022 (Just 13pts away) Currently we can see a completion of 55 Days time cycle and a small...
The rise from the Mar'20 bottom was an impulsive move which should be considered as the Primary Degree Wave-1 concluded near the zone of 18600 in Oct'21. From that top Nifty50 fell down in a corrective way and made a low of 15183 in Jun'22. This fall was not even reached to Fibonacci 38.2% retracement level positioned at 14400 zone where the previous fourth of 1...
Nifty on the weekly time frame has given a gravestone doji losing 220 points. The markets, on the daily time frame has closed below 20 ema and has tested the ultimate level of 18250. On the hourly time frame, market has closed below both the moving averages and there is possibility of a bearish moving averages crossover. The market has given a nice...
Rain industry trading in triangle pattern wait for break out or break down for good trade.
Wipro is continuously in downfall and holding the support of level 385. Now, it created a pattern of " head and shoulder " we may see a good fall if it closes below the bottom of the previous low of the pattern. The share faced rejection of 50DMA and closed below it again. Fib Retracement - Putting the Fib from the Corona time low we came to know the level of ...
Bank Nifty Future Fibonacci levels for 19th December Gap Down The market is Showing a little bearish in this level 43183.75. if the market opens below 43239 then we can assume that price will go up to 42870.10 and if it sustains between 43059.20 to 42979.30 then we will see an upward move in the day trading. Flat If the market opens between 43444.35- 43239.45...