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Fibonacci Retracement

BNF EXPIRY ANALYSIS- jAN 20TH 2020_WAIT AND WATCHMkt on the longer ( 1 day) time frame completed the retracement from 61.8% to 50%. The closing candle is a DOJI with a red body. Lower wick is suggesting support at 37840-37770 levels and resistance at 38100-38200 levels. Coming 2 days Thursday and Friday candles should help us determine the longer trend of the market. Either it will break and start going down to 38.2% (37040) or it will bounce back from 50% level and start scaling new heights.
NSE:BANKNIFTY
by sunilvedula
Abbotindia bullish above 18470Abbotindia has seen a good healthy correction in last few days. Took support on 61.8% fib, looks good moving up from here RSI above 44 I consider it as bullish MACD above the signal line. Just above the 200 MA cluster Buy above - 18470 Targets mentioned in the chart above. SL below 200 ma, near 17700. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:ABBOTINDIALong
by this_is_shoaib
Nifty on a monthly expiry - Short or long? Bears in control?Hey Guys! AS you can see nifty is moving in a downward channel, and is currently at the resistance. From here we can expect the next fall. The past two days Nifty has been consolidating within a range and is unable to break the range on either side. It tried to break upside multiple times but faced strong resistance, and in the last 30 minutes the bears decisively sent a message that they are still in control. If Nifty opens Gap down tomorrow, we can expect a huge fall with targets of 16951 and 16774. One can enter on opening with SL around 17333. However, it is important to trade based on the market movement and not have a pre fixed routine. In the event it opens flat or gap up, depending on the first 15 to 30 minutes, there can be a break out on the upside. this will be the start of a fresh bull run. Therefore, it is important to see how nifty moves in opening and trade accordingly. For long positions, enter only above 17300 with SL at 17170. Happy expiry trading. Hope all of you make a lot of money and have a wonderful start to the new year! *educational purposes only*
NSE:NIFTY
by AM_Tradepicks
Solana looks bullish in the short termI think solana is capable of reaching 208-209 level looking at the 4hr time frame as it is in an ascending channel. On the daily chart, although it is doing fine having passed the support 194.27, low volume is still a concern. If we see some volume pump, sol can reach the 218-220 level according to fib retractment. P.S.- I am a very novice trader who has started very recently. I might be very wrong with my analysis. Any help in the form of advice, knowledge, criticism is welcome. Please let me know what you think about this. That will only help me get better. Thank You
Long
by dg21101997
ICICIPRULI - Retest Structure + Fibo Support - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:ICICIPRULILong
by TradewithAditya