RAIN INDUSTRIES SHORT TERM A near term short term target of Rs. 195 in few days along with final target of Rs. 200 can be seen in near Future. The concept is clearly based out on Fibonacci Retracement. SL can be maintained at Rs. 175
Fibonacci Retracement
BTC : Point of controlRed line with histogram represent Point of control where most of the volume has been exchanged and that particular level coincides with 50 % retracement level. Overall it’s a strong resistance.
MUTHOOTFIN - Multi-time Frame + fibo The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
ITC is just getting ready to go UP || GOLDEN ZONE FIBHi guys, as visible in the chart.
When ITC fell in Mar 2020 and later retraced to the 0.5 - 0.6 fib levels and after plotting a chart similar for the current levels we can see that the stock is hovering around the next 0.5-0.6 fib levels which makes it a high probability to shoot up in the near future and make another move of 37% anytime soon.
Keep accumulating and wait for another move.
FYI : I am personally invested within an average range of 195 / share.
MATRIX portfolio BAT/USDT : Smart money levelsNo description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
MATRIX portfolio ADI/USDNo description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
MATRIX portfolio ADA/USDT : Smart-money levels No description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
Cadila Healthcare: Fibonacci ExtensionCadila Healthcare perfectly retraced from 0.618 Fibonacci level. With the increase in volume as price moved up and the news of Virafin getting approval for treatment of moderate COVID-19 patients Cadila seems to be in a very strong up move.
On Fib Extension 1.618 level(Rs. 640) can be reached very shortly.
Cadila has also given closing near a long term trendline resistance.
Adani ports ready for a big move either up or downAdani ports is now ready for a big move either up or down. If the price breaks the support line, then a fall can be seen and similarly if it breaks the resistance line, we can see a up move until fibo 50% as a target.
Nifty 50 : expected to fall more by end of may2021Current corona crises is going to crumble the economy more than 2020 and by the end of next month majority of annual reports will be out, those will not be positive at all. Overall we are going to witness disinvestment into the market. I have drawn possibilities where market is going to retest the levels.
INFY at supportInfy at long-term trendline support, taking support at 61.8% fib level. Can go up to 1500 easily.
Good opportuniy to invest in GOLD.All observations on chart.
MULTIPLE CONFIRMATIONS & EXPLANATIONS OF DRAWINGS
As you can see gold bounced tom 38.2% fibonacci level a good level to buy the dip.
19% correction from the top till pre covid levels
Falling channel pattern visible on charts, usually gives good move on the upside.
Double bottom pattern breakout given today.
Price comfortable above 20 moving average & made a new swing high
Overall this is attractive price to enter from long term view.
A short view of BTC via Fibonacci retracementsA short view of fibonacci retracements for 2-3% upside on a 7-10 day time period.
A short view of BTC via Fibonacci retracementsThis is just a short term outlook looking at previous trend patterns of BTC buy-sell cycles on a period of 3 months. A basic extrapolation of fibonacci levels can indicate short term long strategies of 2-3% upside over a period of 7-10 days. Let me know what you think.
Nifty Daily chartNifty forming a flag pattern and taking support at a golden ratio of 61.8% fibo-retracemet.
nifty50 indexhey guess have a nice day
lets start
1)its a down trend
2) fibonacci retracement 0.168 level
3)200 EMA
4)STOCHATIC RSI
#NIFTY50 #Fibonacciretracement
#candlepattern #downtrend
Nifty Fall still expected toward 13700??Seems like Nift forms a kind of Head and shoulder pattern. and there could be possibility of NIFTY stopping at 13750 Level. Lets wait and see where market has to head us in coming days.
Keep Learning.
#SYNGENE is ready to bounce back after FibonacciretracementAfter retracement of 31% on weekly chart. Syngene is ready to bounce back.
SBIN following fibonacci series strictlyClearly we can see that at every major fibonacci levels the stock had a response. yesterday stock has touched 38.2% retracement which is good though not considered very strong because a retracement of 61.8% and bounce is considered very strong. Also this is expected because of the external influences. a 38.2% retracement is healthy and bounce here can take the stock beyond earlier high. I would like to consider little below 23.6% (306) as a stop loss and go long. My first target would be 344 and 2nd target is 362.
How much Downside might be due in Bajaj Finance? A few levels on which Bajaj Finance should find support while it corrects its full post Covid journey past one year.
These levels are illustrated to understand how much downside is still left as a probability.
Generally it comes down beyond 200 SMA before it bounce Upside, so 4200-4300 level works to support NSE:BAJFINANCE .
Look out for these levels of rejection and wait for confirmation to Up-side when it breaks out from a Trend line drawn in the Chart.
Predictions are merely for education purposes. No Trading Advice whatsoever in this profile.
Banknifty long setup on 15 mins chartBNF is under pressure due to lockdown and increase in COVID news. After a huge gap up, most of traders were long on trade under intention of recovery but BNF has hit all the stoploss. Before ending mondays session we can see some increase in size of green candles indicating that either there has been a profit booking session and we can see some later effect tomorrow. Using Fibonacci we can observe that BNF after a sharp fall is sustaining near 0.38% level. We expect that BNF can test 50% & 61.8% level in order to continue a healthy retracement. The gap diff between levels is still under a price of 250-350 points. Our first target will be 31100 at 59% level and 31250 near 61.8% level. Trade safe.
Nifty InstaView 12 Apr’21: “Bear” Burps
Nifty View: A huge knock to the benchmark Nifty in today’s session as the index lost over 500 points. It was all out selling from the very beginning when the index gapped down over 200 points. The short term trend which was trying to hold up has mercilessly turned down and now we have an index which is in a down trend across both immediate and intermediate time frame. This is not a good sign. The index is now close to the low fo 25th March’21 which can try to provide some support, but considering the kind of momentum with which the index sold off today, its doubtful whether index will slow down anytime soon. A look at the 75min chart definitely shows a beaten down index which is deeply over-sold and so some degree of consolidation or ease-off is likely, but one should not attempt to call a bottom yet and aggressively look to buy. It’s prudent to wait out for the selling pressure to slow down first.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
