Excellent Breakout of Flag on Daily time frame. Flag pattern breakout is visible. Confirmation is done today with BO. Can be Good swing trade from here Risk to reward ration is excellent here. As my personal best is Flag pattern. Levels are as below. Buy -163-164 Stop loss - 160 Targets - small 166/173 holding - 175/185 Disclaimer I'm already in...
Elliott wave theory wave count target 1 -- 17212 target 2 --16919 target 3--16672 target 4-- 16023 Stop loss -- 17742
As we can see NIFTY got rejected though it showed ine sided rally above the consolidation, but fell strongly in the second half hence on can expect NIFTY to retest it support which is around 17350 levels and any reversal pattern around those levels could show a strong upmove till then we will find supports to buy so keep watching everyone
Gold Wave 3 ended after Covid Rally at 2075$ then went in consolidation for long time. Wave 4 is in progress which is looking like Flat ABC correction which 3-3-5 waves pattern Wave B retraces 90% of A and then Wave C breaks low of A. Wave C is 5 wave impulse or diagonal structure Wave C in this case could be Ending Diagonal Pattern which is expected end between...
PEL | Trendline + RSI breakout - Trying to capture 22% (Fib) CMP : 2775 (Dip : 2700) SL : 2550 Target : 3430 1:4 risk reward setup
About the company NIFTY IT index & other stocks from Mid-cap & large-cap has shown a tremendous performance, where OFSS being a strong financial company has underperformed. [i ] Chart analysis This is the monthly chart of OFSS, the stock is in the consolidation zone for years & now has given a breakout from its 2015 high with record volumes. As per...
As we can see exact reversal from our guven levels from 17350 to 17600 levels which was more of 250++ points, now this bull ran can continue till new couple of days until it gets rejected from 18000 level, we’ll only go long positionally if sustained above 18000 level which is both important resistance and psychological level
Healthy Correction must come at this level. Nifty and B-Nifty both are at Major psychology resistance 18000 and 39770-40000. On Friday both make bearish engulfing candle with heavy selling from over bought zone. we are expected still more correction up to 17300 and 38220. Next up move will come when both index close above these psychology levels till stay short....
As we can see NIFTY is continuously showing rejection after getting rejected from 18000 levels which shows we can further see NIFTY to fall till 17359-17300 levels which is its next support and important reactive zone hence one can keep going short if last days low is taken out till this level which is also a fib .28 level
the stock is moving up and like ly to move further north to hit the meeting point curved trend line and the 50% fib.retracement level/at 194.9
the stock is on its way to the target of 337 which is the meeting point 100% fib. extension of wave 3, the top edge of ending channel, the blue trend line and 161.8% fibonacci time extension.........target likely to reach by end october/early november 2022
Namaskaara dosyonswaagata hain aap sabhibka mera is analysis jo ko aapko kal bhut ki help karaigaa aapko intraday trade lena main aap log is level ko zarur apna chart pain mark kar lena gapup and gapdown ko avoid karna
in the 75 m chart stock hit the resistance trend line.....sellng already started...expect more to come...selling likely to stop at 61.8%....13173
at time market is too volatile. also HDFC BANK stock cross his 9-21 EMA. so stock have chances to go correction. at time no possibility to go higher high. for make profit use short position. HDFC BANK current prise is 1492.35 possibility is go to 1472.05 its my opinion.
SHAKTIPUMP | Excellent area of value - 200 EMA + Demand zone CMP : 490 (Dip : 460) SL : 410 Target : 860 Very good valuation at this price.
Banknifty started the 4th corrective wave which is likley to end at 37518 level on 9th sptember 2022
Nifty started the 4th corrective wave and is heading down to target of 17027 which will come on 9th september 2022
The stock is slowly and steadily moving towards my target of 219 which is the meeting point of curved trend line and the D point of GARTLEY pattern......the target should come on 18th October 2022 as the 100% fib.time extension falls on that date..