In 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...
Buy Target 20 points More confluence: Trendline breakout/ Fibonacci retracement/ moving average
LIC 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...
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)
Fertilizer 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...
--> 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...
bharatforg trading strategies their are three probability to move 1) P50% (indicated in blue) 2) P35% (indicated in green) 3) p15% (indicated in red)
I am going to buy some TATAMOTORS now having a price target of rs.355. My stop loss have to be rs. 315. Like and follow for further updates. Thank You, This is not a financial advice.
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...
GESHIPPING 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...
1. Cassure et reste du niveau cassé + théorie de Dow 2. Niveau 61.8 fibo rejeter 3. SL niveau Fibo 0.786 4.Tp 1 les 52 000 5.Tp 2 extention Fibo : 0.618 ou les 60K Attention on fait attention à la lecture du volume lors de l'approche des 52k pour ceux qui visent les 60k ou le niveau de Fibo extension 0.618 Attention à votre money management (actif hyper volatile)
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 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...
Price has been consolidating around the 38.2% - 50% fib range/ 21 and 50 ema. It has even formed a triangle pattern. MACD and Stochastic RSI are signaling buy. A strong close above 2700 would be a good buy confirmation.
Stock broke out from multiyear resistance zone and now trending in blue sky zone beautifull retest of breakout & now stock will start its upward journey. Always Do your own research before investing
Its seems bearish as it retraced back from 0.5 fib level and as clear from COT data lot of short positions are formed, during pullback, t get the good price , a very traditional method of pyramiding , target can be last low , it can move further as well.
Can buy at CMP for short term gains. Target 1580 Study: Fibonacci Retracement 78.6% level Support.
DLF 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...