INDIGO TRADE SETUP FOR TOMORROWThere is strong resistance of 2051, stock two times rejected from this level.
.
Indigo share break the resistance and then now it is in the correction mode.
.
So for tomorrow you can buy this trade once it goes above 2051, for the target of 2140.
.
Note: There is also a news that domestic airlines will be restart from Monday so we can see this news effect on this share.
.
So we can see the gap up or good momentum in the morning and after the 12 maybe stock will do consolidation.
.
What's your view on this comment below in the box
Fibonacci Retracement
DB INTERNATIONAL STOCK BROKERSThis company is into financial services. The QoQ revenue growth is good. Wave countings has been plotted on the chart.
Currently the stock is taking immense support at 0.786 Fibonacci Retracement level of the previous wave 2-3. This gives a clear hint that the stock will head for point 5 (Price level - 33.30).
However the short term targets are 23-24.
Please like & Follow. Happy Trading !
Chart & Analysis By - ADARSH DEY
BANSWARA SYNTEXThe stock has corrected from its 52 week high and trying to take support at 0.618 retracement level as well as its previous two highs,
Generally these are the levels where a stock sharply rebounds. It would be a BUY call from my side, of-course with a proper SL.
Chart & Analysis
ADARSH DEY
FULL LENTH EXPLANATORY ANALYSIS ON JINDAL STEEL AND POWER.Few pointers from my analysis on JINDAL STEEL AND POWER.
1. The stock has been in a significant uptrend , making higher high and higher low formation.
2. The stock has consolidated for good amount of time in the big continuation flag pattern.
3. The stock has been respecting all major Fibonacci retracement levels and has in-fact retraced upto fibo .618 level , which is golden ratio, considered a very healthy retracement on an uptrend.
4.The stock has recently broke out of the flag pattern with decent volumes, can expect a good momentum going forward on shorter-term
5. On RSI as well the breakout and retest has happened.
Entry : can be taken near by 410-415.
Timeframe used : Daily.
Targets:
T1 : 440 (FIBO .236 LEVEL)
T2 : 500 LEVELS (ATH ZONE)
T3 : 540 (PATTERN HIGHT TARGET)
Stop-Loss : 373
Conclusion : overall the setup is Bullish and high-probability for performing going forward.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
THOMAS COOK | POLE FLAG + SUPPORT CONFLUENCEREASONS FOR ENTERTING TRADE
1. A pole flag structure with the base of the flag bouncing off the 200EMA.
2.This 200EMA bounce point coincides with the long-term support trendline,
3. & the 61.8% retracement of the pole.
3. Price sustains above the flag range after retest
Buying above 65 for a projected price target which is set as the pole height, from the breakout point.
SL 56
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON ASIANPAINT.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Angel Broking Bullish Biasness Target 1480Target of 1480s Level
Stop Loss of 1000s
Decent buy volume
Pullbacks backed by shallow volumes
Divergence
Bullish Bias
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HOMEFIRSTIn this self explanatory series i will be posting charts with pure technical analysis on charts without full length explanations , Traders can ask their in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
LIC Housing Finance Ltd Wave AnalysisLIC Housing Finance Ltd is corrective wave 2 of internal wave 1.
It has completed correction for A leg and it is going for A, which can show you the level of 475 appx. and a strong reversal can happen at that level.
We can see the wave completing around 324 which is the 61.8% of internal wave 1.
When we will see the level of 324 appx we will go for 3rd wave of this internal wave 1.
Please do your own analysis before taking any trade, I might be wrong in my analysis.
Do comment and like for motivating me for similar analysis.
Regards
BHARTI AIRTEL | What makes it a good buy at the moment ?CMP- 538 (enter when the price drops to 510-520 level)
SL- 510 (closing basis) 499 (more structural)
Target- 600+
-500-520 level of #support formed with good VOL
-Fib retracement 50% of the previous rally
-Major EMA's flattened out
-Delivery in VOL have increase on these level shows accumulation
-The triangle is in the verge of end (price may break either-side)
Deepak Fertilizer Wave 5 Projections and Cup patternFertilizer stocks on the move. Consolidation happened in Deepak Fertilizer in wave 4 is expanding flat correction which ended at 0.236 fibonacci retracement .
Long near 420 with strict SL 380 for 600-640 and if got lucky then extended wave 5 targets of 800 possible. Channel Breakout will give extended 800 target confirmation.
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 advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
-------(((((LIKE)))))-------
HEROMOTOCORP All Set To Take Off TARGETS 3300+--> Market Analysis: Bulish
--> Sector Analysis : Neutral To Bullish
--> Stock Analysis : On The Chart
Heromotocorp Is Forming A Good Inverted Head And Shoulder Pattern And Has Retested It Multiple Times With A Retest From The 0.382 Fibonacci Ratio
Once It Crosses 200 Ema It Will Be Bullish For The Targets Of 3300+
Keep Stoploss If It Breaks 0.618 Fibonacci Ratio
If You Liked My Content Consider Hitting The Like Button And Also Follow This Account To Get More Such Content Regularly
Happy Trading :)