$BTCUSD - 70000$ - 73000$ Incoming!Hello Everyone, Hope you all are doing great! This is my first analysis published on Trading View in a long- time and this is a very important one!
Why i think 70000$-73000$ is coming!
1) - Fib levels suggest that next golden pocket is at around 72000-74000$ levels
2) - Bullish pennant breakout measured target is also around 71000-72000$ levels
3) - Very strong S/R line acting since Oct'15 is about to get hit at around 70000-73000$ levels if price reaches there
All in all too much confluence at one level and bullish institutional buying can easily push the price to 70000$-73000$ price levels.
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Fibonacci Extension
IDBI Ready and Steady Fresh wave III about to start, volume picking up and on the verge of flag break all this could lead stock to 65 if breaks channel then 89.
Stop loss 28.5
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study 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.
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Nifty Bull Run Target That You Won't BelieveSo Nifty going near 20000?? This is the level most of us won't agree but just look at Vertical Rise almost 90 degree when you look at Monthly chart. Off course it will take longer to reach there i don't have timeline nor stop loss. Small Dips will come and go while it goes up bull run just started. Comment your thoughts below.
Counted Nifty From zero for Wave V Extended target, where Wave V will be = Wave I+Wave III
If you count from 279 all time low Wave will be somewhere near 19650.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study 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.
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Nifty Extended 5th Wave Confirmation on break 15258DISCLAIMER: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.
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The kind of recovery Nifty gave from day low gives us idea of bulls are still active
So Confirmation of fresh upside 15258 break
Levels on chart marked by arrows 0.618 is easy target extended would be 15730-16200.
Upcoming 11th Feb Expiry NIFTY View In case if tomorrow market open gap down and close with a strong bearish candle then possible nifty will give further 500-700 points correction move. Last 2 days and tomorrow bearish candle will make a combination of a bearish evening star pattern. 1,2 and 3 conditions are completed only last remaining and can expect it fulfil in tomorrow trading session.
Note: This view fails if NIFTY trading above 15020 and only work according to view if tomorrow market open gap down and close with a bearish candle.
Finolex Industries to commence Extended 5th WaveDISCLAIMER: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.
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Stock consolidating in parallel channel would be broken in 5th wave to move higher
With 573 Stop loss look for 815(easy target) then 950+
If sharp rise seen going beyond 1010 we can expect 1450+ targets in 1.618 extension of wave 5
ICICI Securities 4th wave consolidation in channelDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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.
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4th wave may have ended at 400 or would go bit more towards 0.618 fibonacci level 370.
Then upside towards 590-630 expected with stop loss 493
Jk tyre to cooldown in 4th wave then 5th wave upJktyre moved rapidly in 3rd wace and extended now in 4th wave is expected to be slow moving downwards least 116 and max 97 possible. It may take more than month and possibly form cup and handle pattern during process.
Stop loss 85 for target 160-175-185 in 5th wave.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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.
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Too early for a drop?I find it a couple days early for a drop, I was anticipating it to happen around the 29th of Jan, as you can see major moves within the wedge have occurred at the fib timezones, I know 30k is a important level after which we can expect a freefall down to 27k maybe even as low as 24k after which a possible reversal may occur.
Let me know in the comments below if you too think it is too early, feel free to share your views in the section below
HDFC AMC Parallel Channel and Possible Extension in 5th WaveDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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.
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HDFC AMC in 4th wave correction likely to go down towards 0.618 fibonacci level
Good entry near 2800-2600 zones with stop loss 2069 for 5th wave 3900+ if gets extended more 4800+ possible in long term.
Targets are derived based on assumption that 4th wave will end near 2600 they will change based of where 4th ends.
Do your own study, check fundamentals too.
Whirlpool will move further, Trend intactPlease Refer the breakout idea attached.
All observations on chart.
After showing oneway move after breakout, Whirlpool gave a pullback from 50 % Fibonacci level, which is healthy sign for the Trend.
Spotted this very late but surely it will make new highs.
Next target as per Fibonacci extension is 2800 & 3000.
Not a Tip nor a recommendation.
FIBONACCI TRADING TOOLSHi
There are 3 popular Fibonacci tools viz. Fib retracement, fib extension and fib projection. Most of the times traders get confused with these three and make wrong calculations.
These levels can be calculated manually but most advanced trading platforms provide tools so that you don't have to go through the time consuming process of writing everything on the paper. In TradingView platform there are Fib retracement and Trend-based Fib extension tools, in the left pane of the chart window, for this purpose.
Fib retracements is the most popular among the three tools mentioned above. When a stock is in a strong uptrend and then it pulls back, this tool gives us potential reversal points where the pullback might end. These levels are 0.382, 0.5 and 0.618. We should look for some bullish pattern in this zone if we want to enter into a trade.
Fib extensions is a least known but still useful tool. It is used when the pullback is over and we have already taken an entry. It is calculated from the length of the pullback itself. It gives us targets which we should be looking for to exit the trade. Levels 1.272 and 1.618 are the popular ones among others.
Fib projection is also a popular tool to identify the targets to exit a trade. It is calculated form the length of the impulse as well as retracement.
I hope this information would help some traders in taking better trading decisions.
Regards
JJSINGH
TATASTLBSLPrice has formed a bullish pennant pattern and the closing candle is rejection candle where price failed to move downwards the price can breakout from the pattern and may retest and move upwards till the resistance level which is also a fib extension level..."EDUCATIONAL PURPOPSE".
Nifty looking for zig zag correction 15th Jan 2021Bounce retracement towards 14530-50 possible after which should go down.
Confirmation entry on sell side if 14435 breaks (non risky wait for this 14435 break level)then 14400-14300-14270 possible on downside
Stop loss of this analysis 14618
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.
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Tata Metaliks is in Bullish and accumulateIn continuation with the previous post of Tata Metaliks it is clear that the scripts is in bullish trend.
This script is perfectly working with all the important Fibonacci ratios since the trend has started in this hourly chart.
Now , I am expecting this move will continue till 663.
It may ride ahead towards next level i.e. 703 level or it may retrace till 621 level and may ride once again till 688/703 level.
This stock is a fundamentally strong script may give a multifold return.
TATA POWER The price had a grate upward move, now the price is forming a channel pattern as the price has been rejected at resistance the price can move upwards after taking support and can break the channel upwards , the other case can be the price will break the channel as well as support and the price will fall .wait for the breakout on either sides..
Nifty Ending Diagonal About to Complete 11-Jan-2020Keep watch on level 14380-14428-14472 for reversal point
Depending on above levels possible downside levels 14060-14080-14096
These targets are of 0.618 Fibonacci levels of length of Ending Diagonal Wave 5(4-5 orange colour).
Below 0.618 move will trigger further fall next levels will be updated once top is formed
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
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