Trendline Breakout, Market structure Break, fib retracement
Abbotindia 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....
NIFTY 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
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
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...
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...
I 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...
The 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...
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 -...
#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...
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. 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...
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
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
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
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...
This chart presents three major cycles. Each cycle representing a decade. First cycle worked in 90s; second one in the first decade of 21st century and the third one in the second decade. Perhaps we are in the fourth cycle that would represent the third decade. The first two major cycles ended with more than 62% percent correction of the entire decadal bull run....
Kusama is inside triangle pattern & also it is in falling wedge pattern in 4H time frame. at 214 ~ 190 the volume POC + 1.618 can be seen. Moreover, it also has trend support. so taking present market scenerio into consideration. it is more likely it will touch low price.