Get started

Fibonacci Extension

SBI LIFE Aiming for 1kSbi life broken resistance and looks bulish can be added for 1003 target near 920-30 SL 894 DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:SBILIFELong
by Niftydirection
Airtel to Test lower channel lineDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:BHARTIARTLShort
by Niftydirection
4
Symphony Cool Volume before Summer heat!DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- STOP LOSS 799
NSE:SYMPHONYLong
by Niftydirection
1
Lets find New Nifty Top with Fibonacci and Elliott Wave TheoryDISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- Lets find New Nifty Top With Fibonacci and Elliott Wave Theory To everyone's surprise Nifty after declining more than 3% on daily chart on 21st Dec 2020 recovered and mere few points away from 13777 Look at Blue Impulse Wave plotted on Chart Now with Gap up opening on Thur 24th Dec it is confirmed that wave 3 in progress and wave 3 ended above 1.618 Fibonacci level Wave 4 was very short and didn't even retrace 0.236 levels so now if wave 5 is in progress then should reach to 13940-65 Now Look at Orange Impulse Wave Wave 3 in extended case can go till 2.618 Fibonacci level 14017 next in wave 4 again 13700 will be tested finally wave 5 should end at 14212
NSE:NIFTYLong
by Niftydirection
1
Potential Nifty Top With Fibonacci and Elliot Wave TheoryDISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- Plotted Elliot Waves on Nifty Monthly Chart so lets find out potential top 1. Nifty Top Based on Elliot Wave Theory where Wave 1 = Wave 5 a. Consider Wave 1 start from 279 which is lifetime low of Nifty then wave 5 should 13589.2 Where wave 1 height is 6078.1 + 7511.1(low of Wave 4) = 13589.2 b. Consider Wave 1 start from 0 then Nifty wave 5 top should be 13868.2 Where Wave 1 height is 6357.1 + 7511.1(low of Wave 4) = 13868.2 2. Nifty Top Based on Elliot Waves and Fibonacci extension where Wave 5 is equal to 0.618 of Wave 3 which is 13800.95. The next Fibonacci extension would be 0.786 which is 15510.8 which is less likely to happen.
NSE:NIFTYEducation
by Niftydirection
5
Nifty Upside fading Ending diagonal at 13180DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- Nifty forming ending diagonal in 5th Wave and upside looks to be over. There are two ending diagonals as you can see in chart. Max expected upside 13180. This analysis will be invalid if Nifty touches 13207. On downside 12790(0.382 Fibonacci), 12550 (0.5 Fibonacci) levels expected. One can wait for confirmation close below 12983 before touching 13207.
NSE:NIFTYShort
by Niftydirection
7
Nifty Elliot Wave analysis 11-11-2020 Still Some Upmove pendigDISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))-------
NSE:NIFTYEducation
by Niftydirection
Bank Nifty Elliot Wave countsCharts has wave marking for EWT on 2 hour time frame for march lows, either we hit the top today already or top is at 27200, coming days will tell and then followed by deep correction. Structure looks a usual 5-3-5-3-5. Starting with a leading diagonal for wave 1 and also a diagonal structure for wave 3. Complex WXY corrective pattern for wave 4(triangle 5 then connecting wave X and ABC correction). Current wave looks like wave 5 of 5, fib extensions suggests either today we saw the top at 26350 or top could be at 27200, trendline connection wave 1 high with wave X high can call a reversal If this is true, then we are in for a deep retracement after the high.
NSE:BANKNIFTY
by bhalla1990
7
Kotakbank Weekly chart Long Term Impulse SequenceKotakbank in Wave 3 right now For Long term fresh entry on any dip towards 1600 conservative stop loss of 6.5% at 1500, aggressive SL could wave 2 low 1230. Wave 3 target 2050 and wave 5 2240-50 DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))-------
NSE:KOTAKBANKLong
by Niftydirection
IOC Impulse Elliot Wave SequenceDISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- Indian Oil is under-performed its other peers post covid fall. From all time high stock is in stiff downtrend and in parallel channel. It has formed bottom at start of wave i and retraced nearly 80% of wave i. Stock may create leading diagonal and should move higher. With SL 71.6 Long for 110-116 which is wave iii taget 1.618 Fibonacci level In year or it should touch upper channel line near 125.
NSE:IOCLong
by Niftydirection
Banknifty In Uptrend 5th Impulse Wave of Leading DiagonalAs explained in previous chart we were able to pin point Banknifty's down move. Downward wave four 4 was double zig zag correction which completed near 24404. We are witnessing now final Wave 5 impulse of leading diagonal and currently in wave iii which should extend 2.618=24785 to 25000. There will be sideways correction next may be till 23500-23300. Final Wave 5/v should reach 26361 Fibonacci 0.618 retracement from march low or bit higher for 27000. As it already moved very rapidly Invalidation level is deep and high of wave i viz. 21811 DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. I am holding banknifty etf from 21000 levels
NSE:BANKNIFTYLong
by Niftydirection
LT Impulse down Wave 5, Pain Still LeftLarson & Toubro about to start Downward 5th Impulse wave which will be truncated. Stock did retraced 0.382 fib from march lows and looks to have completed Tripple Three Wave at 1025. Case 1: Upside looks limited as have made Three black crows and move towards 980-1000 is ideal short entry with SL 1025 or 1040. Then going towards 890, 860, 840, 692. Not expecting to go below march low 661 Case 2: Moves up and touches 1025 then wave count from march low is WRONG. Disclaimer: For information purpose only, plotted values may differ in actual movement. Not to be used for FnO trades. This investment may not be suitable for all investors or analysis can be wrong so ask your financial advisor before investing/trading.
NSE:LTShort
by Niftydirection
2