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Fibonacci Retracement

Titan in 4th Wave correctionDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment 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)))))------------------------------- Titan to dip towards 1310 which is 0.382 fibonacci levels. Long near 1340-1300 levels with stop loss 1150 for 1660 - 1860 targets
NSE:TITANLong
by Niftydirection
Jk tyre to cooldown in 4th wave then 5th wave upJktyre moved rapidly in 3rd wace and extended now in 4th wave is expected to be slow moving downwards least 116 and max 97 possible. It may take more than month and possibly form cup and handle pattern during process. Stop loss 85 for target 160-175-185 in 5th wave. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment 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:JKTYRELong
by Niftydirection
Reliance Double or Tripple ZigZag Count Jan 2021Every details on chart, Comments and Suggestions from Elliot Wave Analysts are Welcome :) 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. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))-------
NSE:RELIANCEShort
by Niftydirection
2
Nifty Triple Three correction before budget 2021DISCLAIMER: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. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- Nifty making triple three corrective pattern going down towards 0.382 Fibonacci level plotted between 11535 to 14753. Stop loss for this analysis will be 13967 today 29th Jan high If the analysis and wave count is correct then this last leg of fall will be slow paced making it clear that call is about to end. Z wave expected to respect parallel channel drawn in and will not break out of it.
NSE:NIFTYShort
by Niftydirection
7
ACC long term view ( 1W )ACC performance since the 2020 market crash. Let us discuss some important points regarding to acc stock. After the crash, it perfectly formed a channel pattern. In that it faced 3 supports, 2 resistance. As per Fibonacci retracement once it got tested 0.38 level now it is present 0.24 level. And also there is an important resistance zone nearer. After that, there will be a huge breakout let wait for it and be ready to grab it. Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply good or bad just reply. Thanks for reading. Disclaimer:- It's just for educational purposes.
NSE:ACCLong
by GKS_TEJA
2
Bandhan Bank Low Risk High Reward Tripple ZigzagDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment 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)))))------------------------------- I am holding this stock so my analysis could be biased. So do your own study or ask your financial advisors before investing. Bandhan Bank in parallel channel right and making Tripple Zigzag pattern, now looks in longer consolidation zones, it will take time to come out of it. Long can be initiated near 280 Stop loss 250 for targets 450-480. After that another dip can be seen then it would give breakout of channel.
NSE:BANDHANBNKLong
by Niftydirection
2
HDFC AMC Parallel Channel and Possible Extension in 5th WaveDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment 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)))))------------------------------- HDFC AMC in 4th wave correction likely to go down towards 0.618 fibonacci level Good entry near 2800-2600 zones with stop loss 2069 for 5th wave 3900+ if gets extended more 4800+ possible in long term. Targets are derived based on assumption that 4th wave will end near 2600 they will change based of where 4th ends. Do your own study, check fundamentals too.
NSE:HDFCAMCLong
by Niftydirection
FIBONACCI TRADING TOOLSHi There are 3 popular Fibonacci tools viz. Fib retracement, fib extension and fib projection. Most of the times traders get confused with these three and make wrong calculations. These levels can be calculated manually but most advanced trading platforms provide tools so that you don't have to go through the time consuming process of writing everything on the paper. In TradingView platform there are Fib retracement and Trend-based Fib extension tools, in the left pane of the chart window, for this purpose. Fib retracements is the most popular among the three tools mentioned above. When a stock is in a strong uptrend and then it pulls back, this tool gives us potential reversal points where the pullback might end. These levels are 0.382, 0.5 and 0.618. We should look for some bullish pattern in this zone if we want to enter into a trade. Fib extensions is a least known but still useful tool. It is used when the pullback is over and we have already taken an entry. It is calculated from the length of the pullback itself. It gives us targets which we should be looking for to exit the trade. Levels 1.272 and 1.618 are the popular ones among others. Fib projection is also a popular tool to identify the targets to exit a trade. It is calculated form the length of the impulse as well as retracement. I hope this information would help some traders in taking better trading decisions. Regards JJSINGH
NSE:NIFTY
by Bravetotrade
18
Nifty looking for zig zag correction 15th Jan 2021Bounce retracement towards 14530-50 possible after which should go down. Confirmation entry on sell side if 14435 breaks (non risky wait for this 14435 break level)then 14400-14300-14270 possible on downside Stop loss of this analysis 14618 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. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))-------
NSE:NIFTYShort
by Niftydirection
21
Tata Metaliks is in Bullish and accumulateIn continuation with the previous post of Tata Metaliks it is clear that the scripts is in bullish trend. This script is perfectly working with all the important Fibonacci ratios since the trend has started in this hourly chart. Now , I am expecting this move will continue till 663. It may ride ahead towards next level i.e. 703 level or it may retrace till 621 level and may ride once again till 688/703 level. This stock is a fundamentally strong script may give a multifold return.
TLong
by absu21
6