Nifty Daily creates a negative divergence on 13th Sept, where price attains a HH without RSI follows it (see the brown circles in price/RSI). Per common wisdom, negative divergence needs to correct below the previous swing low (29th Aug @ ~17200) to correct the divergence. Now how far? Well the next Fib support is at golden ratio ~17000. Just empirical -...
HDFC life trade in parallel channel. it can long if come 525 for target 600,680
As per above Chart analysis possibility of ending wave 4 which was complex wave WXY, now it can continue it's uptrend in wave 5 which can extend till 0.786 fibo ratio.
UNO Minda Cmp 592 dated 9-9-2022 1. Rounding Pattern BO @595 2. RSI has Symmetrical triangle BO. Rounding Pattern Tgt & Fibonnachi 1.618 level has same targets. Buy for a tgt of 625-775 SL 545 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no...
In this, the price formed a head and shoulders pattern at the FIB Retracement golden level of 0.618 and broke out with decent volume, now trying to continue its up move. This is the best time to take entry
Ramco Cements heading towards our target with good r:r of 1:3 almost target is based of resistance and .50 fibonnacci number as shown Trade based of your analysis
as per bearish butterfly harmonic formation are we heading for a fall in this scripts keeping fibo levels for target and stop lets c what happens disclaimer - for study purpose only
Dow Jones is in a support zone now. There is a high chance for huge buying pressure. I've used a mix of Smart Money Concept + Fibonacci + Price Action.
Keep eyes on this. It can boom anytime as it has spent a long time at the 0.5 level of the fib. The trend line also got barked out.
Wipro Analysis for leaning purpose. 1. Taking Moving Average Support (MA 44, MA 50, EMA 44, EMA 50) 2. Closing Above Trendline 3. Already taken support from Monthly .618 Level Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers!
ETH was Fib retrace with 0.5 on weekly frame, Higher High confirmed on Daily Time frame which gives UP swing for coming weeks. T1 - $2155 T2 - $2670 T3 - $3250
Pidilite broke resistance of 2764 (high of 13th Jan 2022) on 2nd Sept and if now price retesting this zone which will act now as a support. Entry near 2770-2780 price range will give great risk reward for swing traders. Targets as per Fib are 1) 3112 2) 3471. SL any day closing below 2750, with risk of Rs 20 reward of 300 will give 1:15, put alert and when you...
NSE:BANKBARODA Fibonacci BO > 94 Retracement after Cup & Handle Breakout complete Now, CMP above 50 & 200 Week SMA This is a signal for start of new positive trend. Tgt: 108-126-137 SL: 78 RSI > 55 and increasing
HDFC BANK at 50% FIB retracement, Possible breakout.
A great pull back from 0.618 golden fib level and it may continuing up move (tools used fib retracement and trend based fib extension)
Sona BLW chart analysis for medium to long term. If it come 415 can initiate fresh buy or add more for bounce. Major up move will come when it close and sustain above 600 level
Olectra Green is on Triangle BO level. It may test 730 and 888 soon