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Fibonacci Retracement

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
NSE:LICHSGFIN
by imkhushal
1
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)))))-------
NSE:DEEPAKFERTLong
by Niftydirection
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 :)
NSE:HEROMOTOCOLong
by keshevdugar
2
XAUUSD (GOLD) Sell Setup (Target Range 500 Pips)Pair Name : XAUUSD (GOLD) TimeFrame : 4Hrs Direction : Short Type : Swing Target Range : 500 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for regular updates. ------------------------------------------------------------------------- Note:- Do you own due diligence before taking any trades. Thanks
OANDA:XAUUSDShort
by AkhiPrajapati
GESHIPPING Bouncing off at SupportGESHIPPING has formed flag structure at the support/resistance zone of 375 and has broken out of the flag. Also, this zone was previous resistance and has acted as decent support this time. 375 zone is also the 61.8 Fibonacci zone of the bigger range. The stock has found support at confluence of multiple technical indicators and has exhibited bullish candle with volume on Friday, 17 Sep. We are bullish on the stock and can expect it to touch previous highs of 440 and ATH of 480.
NSE:GESHIPLong
by vipulmehta817
ADANIENT : Swing trading opportunity!NSE:ADANIENT has given a breakout of symmetrical triangle pattern and currently retraced to its breakout level. The stock has also taken confluence of support from previous resistance level and Fibonacci 50% retracement level. The stock looks good at CMP with minimal stop loss and maximum reward. This is a little risky bet but looks good to me. If you notice the stock has also formed kind of W pattern. DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
NSE:ADANIENTLong
by TheAspiringTrader
Price Action and Fibo SetupStock have given breakout with above avg. volume. The candles which have formed in last few sessions are bearish but looks weaker as there is continues decrease in volumes. This means sellers are not that powerful at these levels now. While using Fibonacci, applying top to bottom, I see that it have tested 0.61 level. Which means there's high probability of trend reversal. Yes, it's strong fibo resistance and hard to break it with first attempt. It did took resistance and now retraced. This small pullback can generate a good potential to break the resistance. Also bullish engulfing at bottom. These are the multiple points that I saw. This is risky setup cause 1) it's very smallcap 2) Not very good breakout candle. This analysis is done by me, all on my own. This post is for information purpose only, don't consider it as call. Just sharing what I see on charts.
NSE:LIKHITHALong
by AkshayAdak
DLF: Chart view and trading strategyDLF Observations - Stock has done a 76.4% retracement of the fall from 359.25 to 303 levels Given the set up one may consider to sell DLF F&O strategy Consider Bearish Call spread Sell DLF 350 Call option around 11 Buy DLF 370 Call option around 5 Net receivables in strategy 19800/- per strategy lot (yield potential around 20% till expiry) Be cautious if DLF closes above 346 The strategy has Inbuilt loss protection for a rise up to 356 till expiry Take care & safe trading..!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:DLFShort
by indiamarketoutlook
1