long as per fibo Fibo Break our given ....last week so looks good to buy near259 and avg near 250 for the long term tgt of 380,449
Fibonacci Retracement
long fibo support mean reversal near current levels looks good to buy for tgt of 640-732 levels in 1-2 months, keep risk and position sizing in consideration
Ready For Longready to give BO on fibo levels mid-long term good to buy for1060-1354-1628.......keep risk and position in consideration
Its A Buy NowAs per fibo BO ERIS has given bo last week now its a buy near these levels @760 and avg near 722 for long term only, keep risk and position sizing in mind......
Nifty 50 Index analysisHello friends here you can get the fully ways in upcoming waves in the charts to get fully ways of length where thay will go and moves.
The points ABCD shows the #triangular #pattern
and
The points 12345 will shows the values in the length of #Elliot #waves to get full its full #strength
and
The points #ABC will show you the values get to complete the #correction #waves.
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.
NIFTY shows a BEARISH DivergenceNIFTY now shows a Bearish Divergence.
However, there are chances to reverse from 17317 or 17290
If NIFTY goes below 17290, a possible target is 17205.
The given levels are my personal analysis only
The ideas given for STUDY purpose
AMARA RAJA BATTERIES ANALYSISTRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
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*
MIDCAP IT - LTTS on Fibonacci 1st Short idea of this week, and its a MIDCAP IT Stock.. Strange🤞🏻!!
MIDCAP IT was firing last week but now LTTS showing some weakness at 61.8% Fibonacci levels.. indicates some profit booking for short term..
It is a risky trade as per current trend.. So, we may play it with a strict stoploss at 5401.15 (recent high)..
and if it favors then we might get our target a short time..
Levels in chart...
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
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.
Nifty Elliot Correction wave Down Trend Confirmation pattern As per my study ,
i assume its a confirmation of down trend with high low- lower high & lower low - down trend formation pattern. With Elliot collection wave ABC pattern which seems to be formed on chart
(may be wrong may be right)
as per fib level it may touch 0.5 fib levels with a support near DSMA 200 as well near support zone 16350-16300
overall sentiment - Negative
Note: Only for educational purpose .
based on past chart patterns & Experience we assume this may happen as price also repeats its history/pattern
Price is supreme may move in any direction.
State Bank of India, Good breakdown setup#SBIN looks goods to short for a Rs 50 downswing. The stock has broken a good trendline which strongly acted as support till now. Along with trendline Relative strength, viz-viz Nifty has also turned negative. ADX is above 24 and trending and RSI also looks bearish. Scrip can be shorted once confirmed by good volume on the daily time frame for the target of RS 400 which can act as a psychological level and if broken 400 level can be trailed to 38% Fib retracement level
NSE:MANAPPURAM Why entry 5.85 ?? fib retracement !!NSE:MANAPPURAM
#NSE:MANAPPURAM 155 CE entry given @ 5.85 today.
to know why, check out the level mentioned on chart !!
0.618 - fib retracement.
Still if anyone not clear with the entry level, do ping me personally, no issues !!
-The Famous Biriyani price large cap stock-. NIFTY50The famous Biriyani price large cap stock. The potential to give Biriyani to the investors. We all witnessed how the famous ITC meme stock shot up. after breaking out of the famous 200–220 range. Now it's back to the range. Even though we all know we are officially entering the correction phase. looking at the chart, the current level looks good technically.
ITC 200 to 220 level is a very important consolidation range; we only need to be concerned if the ITC falls below 200; otherwise, it is good to average in this correction phase. In the daily time frame, it respects both the trend line and the fib line. It is now nearing 0.5% in the fib line. Any change in sentiment in the NIFTY50 can be expected to have an impact on the ITC. Many analysts are bullish on the stock. But the stock price was dragged down by the disappointment of the analyst meeting. Keep ITC on your radar and the support levels. However, because we can include this stock in our long-term portfolio at a reasonable average price,
NAM_INDIA ANALYSIS 19/12/21TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
IBULHSGFIN ANALYSIS 19/12/21 TARGET 350,500++
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
NAUKRI ANALYSISTRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
ICICI Bank is now on the radar.On Thursday(16/12/2021), we saw many banking stocks close in the red. The indices, also in red, closed above 36,500. Well, we know it's an important level of banknifty. It also important to watch how Banknifty is going to perform.
* ICICI BANK, with a weightage of 5.84 percent NIFTY50 stock, is down nearly 18 percent from its recent high, making now an good time to add to your long-term portfolio.
*Recently, many analysts were also bullish on the stock, and we saw it shoot up. price action movement as well.
*Before entering into the stock, just look at the daily chart and draw a fib retracement line (867) between the recent high and (710). Look at where the 0.5% line and the same line recently took resistance near (770).The lower side (710-700) is actually acting as a good support level. Well, we can consider this respecting the price action.
*In that case, considering the fib line, the current level looks good near (740). From the price action, we can expect bullish moments from there. If that respecting, I am confident about entering into a long position with strict SL.
