Bata at lower channel lineDISCLAIMER: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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
Bata trading in corrective channel and about to commence Z wave. If this is corretive wave the will stay in channel otherwise in case of channel break it will be termed as impulse wave.
Support zone 1450-20
Stop loss 1288
Target 1890-1900
Fibonacci Extension
Banknifty consolidation Triangle wait for breakout (fixed count)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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant .
Stop loss 34893
Wait for confirmation close above 36464 for given targets of 38400 and 40k
Banknifty consolidation in Triangle breakout awaitedDISCLAIMER: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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant.
Stop loss 34893
Wait for confirmation close above 36464 for given targets
If wave 3 extends beyond 1.618 levels then 50k is no big deal.
SBI 5th Wave ProjectionDISCLAIMER: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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
Long on dip towards 370-60
Stop loss 300
Target 500-540
Not recommended to take FnO positions based on this analysis
BTCUSD probable Harmonic ReversalIt seems BTCUSD is in its reversal mode. As per harmonic patterns, it's not beyond $35000 in this run.
As per crab Harmonic pattern, it has already achieved the of XA leg i.e.1.618 level. Whereas it is just waiting to achieve the extreme level of projection of BC leg i.e. 3.618 level.
Tv18 attempting breakoutDISCLAIMER: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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
Stock can go towards 57. If successful in breaking parallel chennel drawn with big volumes then new lifetime high can be expected.
Long at near 32-33 with Stop-loss 27.2
GNFC Channel breakout with volumeDISCLAIMER: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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-----------------------------
GNFC has rising volume and broken out of consolidation of parallel channel.
Entry on any dip or channel test 280-260 with Stop-loss 235 for target 360, 460+
$BTCUSD - 70000$ - 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.
Hit lIKE to show appreciation to my work. Thanks!
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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
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.
-------(((((Please LIKE & Donate Coins to support my analysis)))))-------
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.
-------(((((Please LIKE & Donate Coins to support my analysis)))))-------
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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
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.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
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