After recent breakout and forming a high according to fib retracement it came back between 50% and 61.8% level, which is good buyzone.
NSE:JUBLINGREA Inverse Cup & Handle Support Tested Pattern Formation (Retracement from Top) with Low Volumes Swing Trade for Short Term Buy at CMP for Tgt 620-630 Positional Trade for Mid Term Buy Only Above 640 WCB for Tgt 840 - 1025 SL : 490 (Strict Exit) Positive RSI Divergence, will become stronger once weekly RSI>55
the Script is in good uptrend and now have recently retraced from FIB level and have shown good bullish candle. If it crosses 0.618 Level and Sustain a candle in 30 Min -1 Hour TF we can see good buying opportunity . PLEASE MANAGE YOUR RISK
Nifty enter more consolidation phase as wave Z looks have started will take 2-3 days more. Broken and closed above 0.382 fibonacci levels today next aiming for 0.618 fibonacci level at 17770 Bearish view will get activated as soon as breaks 17244. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart...
Positional Buy : Company : CADILAHC-EQ Entry Price : 499.75 Stoploss : 449.775 Target 1 : 549.725 Target 2 : 574.7125 CADILAHC above 510 should see a strong rally, as it breaches above 61% retracement levels of fibonacci
This stock is showing some good signs of reversals U-Turn in price action. 1) Fibonacci retracement is healthy up to 50% which is good sign for continuation of bigger trend. 2) Price also came at old Support area. 3) Price got support near 200 DEMA. 4) Relative strength index in daily also reversed from oversold area, Now above 30. 5) In smaller time frame...
Base is building around 17000 - 16900 zone price tested 16900 and below in last 2 trading sessions and recoverd back to close above 17100, from here on we can expect sideways or bullish momentum. In case Nifty closes below 16950 then we can see further decline in index till 16600. As of now support is at 17000-16900 and resistance is at 17165 & 17417.
Pink lines - Fib levels ... Price gave closing above .618 level, If he crosses high of hammer candle we will take entry. Targets are as shown in the graph and if the price crosses an all-time high there is also one more target. Were taking entry on the basis of the support zone of FIB level and Hammer candle and there is a big support of 200 EMA.
Hello Friends, Here is BANK NIFTY one hour chart and you can short sell Bank nifty Below 38800 as per Fibonacci theory Bank nifty can go near 37000 level . Thank you, Happy Trading
The Nifty took that vital support (for now) per the last analysis (link provided - refer: Nifty Swiftly issued on Jan 23rd, 2022) and is now presenting a rebound of sorts. We try to decode the move and present the Technical Analysis - executive summary for you here. Analysis framework and tools of choice : Bollinger band analysis, technical support levels,...
Indiamart -- in no time stock turned 10x from beginning level -- showed firm strength during Covid Crash in 2020 Double Top Pattern has forced the price to drop from support levels. almost 50% down from All time high levels. Interesting to see how this Ecommerce player plays along the journey.
As per price action Banknifty can now go in retracement period according to Fib Retracement. However the pullback won't be long enough as we can see that 37100 is a crucial support level for the index. Speaking on the retracment levels of Fib we can expect price to take support anywhere between 37900 - 37300. While on the upside recent swing high can be a resistance level.
Nifty dipped below 0.50 fib level and closed above it. 17600 - 17500 is a possible zone where current bearish move could end and we can see reversal, if price doesn't crosses below 17400 then we can expect a reversal which may take Nifty to 18300 and above. Setup will be invalidated if prices crosses below 17400. Support currently is now at 17600 & 17400 while on...
Nifty looks be in deep correction currently in 4th wave which should be flat, triangle or complex correction towards 0.382 fibonacci levels. 5th wave to start after this correction. Alternative 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...
Why this Trade..?? 1. Price formed Doji @ Support 2. Fibonacci 38.2% Retracement Buy or Sell based on the Support Break with Volume Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Why this Trade..?? 1. DOUBLE BOTTOM 2. Broadening Triangle 3. Fibonacci 50% Retracement Buy or Sell based on the Support Break with Volume Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Every idea given is for educational purpose only, Please consult you broker before taking any trade fibo breakout already done Looks good on these levels BUY @ 2711 Mid to long term targets= 3350-4000-4650 Long term SL=2052
already fibo TGT done (178-213-248.80) , still have momentum to go to 360-472 but will take time....