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Fibonacci Retracement

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
BEST PLACES TO LOOK FOR HIGH PROBABILITY TRADESHere are a few setups that I use in my day to day trading. They work well in all the timeframes and in all types of markets. I am only showing bullish scenarios due to space constraint but one may also look for bearish scenarios which work in the same manner. Like Down trendline or Downward sloping channel; downward sloping MA; breakdown of a range; and price retracement back up to 50% of the down move. Sometimes these setups also work in collaboration with each other. Like price pulls back to the MA and this level also coincides with a potential support zone or this level is also the 50% retracement of the prior up move. In these cases the trading opportunity will have very high probability to make money. Are you still thinking that what patterns to look for at those places to take trades? Please refer my previous idea tagged to this post. Just look for those candlestick patterns as your trigger and you are good to go. I hope this post will add to your knowledge and don't forget to like and comment to encourage further writing. Regards JJSingh
NSE:NIFTYEducation
by Bravetotrade
13
QUICK AND DILIGENT ANALYSIS ON BERGER PAINTS !!!Notable points: 1.Stock is taking support at major weekly trendline support area, also same zone is a previous resistance which turned into support now. 2.The stock is at 50% fibo support and seeing some buying interest with formation long lower wick candle at the support. 3.The stock is almost bottomed out in RSI , thus can expect a bounce from this area. 4.The stock was in a decent uptrend and did a long consolidation therefore probability of bounce from major weekly trendline support is high. Short Term View : Bullish Timeframe used : Daily Target : 830-870 Takeaway : Can enter at or near by the current trendline support. 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.
NSE:BERGEPAINTLong
by saikrishna9999
Banknifty towards 36k in wave 5Wave iv was complex wxy correction and found support 0.618 fibonacci level of wave iii. Wave targets 0.618 of wave i+iii 36034 DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:BANKNIFTYLong
by Niftydirection
1
Tatamotors Flag and Wave 3 start Good Risk Reward ratioTatamotors Came Up from recent low with heavy volume. Retracement happened near 0.382 fibonacci levels 281 Looking Good for start of Wave 3 towards 315 as 1.618 fibonacci extension DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:TATAMOTORSLong
by Niftydirection