Due to the strong bearish candle on Friday's session, the Nifty has formed a bearish engulfing candle on weekly charts which indicates exhaustion of the uptrend. Is this so? let's take a multidimensional view Nifty has passed below 20DEMA above which it was taking support in last few days which is a sign of weakness and a signal of strength...
HDFC life trade in parallel channel. it can long if come 525 for target 600,680
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
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.
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
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
Breakout after good consolidation and pull back from 0.5 fib level (tools used fib retracement and trend based fib extension)
Dow jones is in correction phase. it may test 31031 soon and also bounce from this level as it is trend line support.
US Government 10 yrs Bond Yield Major trend line break out on Monthly chart. Sign of correction in market.
Once the index goes below 29800, we might retest the support zone.
The chart shows the price near to the Resistance level Note that once a 38% retracement is taken place. Now it can be either a breakout from the present level or correction Note: For educational purpose
Marked are waves from Covid low towards top as 5 wave impulse structure. Price from Covid low crossed 0.236 by good margin so next is 0.382 Fibonacci near 14300 While making low of 15183 price got thrown below channel the balance has set when price made high 17992 and was thrown above channel. Wave II of larger degree is currently in progress from 18605 and it...
Nifty all levels i draw that the levels are very strong. Buy Nifty above 17740 strong Bullish,because there was fib 0.6 level & strong resistance. Sell below 17350 strong Selling . becasue there was strong support