ALL THE LEVELS ARE MARKED ON CHART PRICE HAS FORMED THE HEAD & SHOULDER PATTERN IN HIGHER TIMEFRAME BUT THERE HAS BEEN ALOT OF BUYING AROUND 2140-2150 LEVELS; IT CAN ACT AS A MAJOR SUPPORT AND WILL REQUIRE DECENT VOLUME TO BREAK THE LEVEL. 2200 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME. The indicator used: 1) Daily Lines plots Daily 20...
According to this chart, MCX Natural gas is further advance. We may see the following levels after a reversal. Targets: 234.6 - 263.9 - 305.6 Intraday traders can run with 20 & 50 MA crossover. And long-term traders should stick with 200 MA to maximize profits. Significant releases or events that may affect the movement of natural gas on Wednesday, Oct...
THE STOCK HAS A DOWNTREND ALL THE LEVELS ARE MARKED ON CHART; SELL AT 2445 OR BUY ABOVE 2304 PRICE HAS DECREASED ON ACCOUNT OF HIGH VOLUME, BE CAUTIOUS The indicator used: 1) Daily Lines plots Daily 20 EMA on lower time frame charts 2) TE REKAB shows reversals in the market PB stands for - PULL BACK. If you like the analysis, do leave a like and follow...
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...
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...
GALAXYSURF has formed a bearish chart with head and shoulder pattern with LTP breaching the neck line. Furthermore, it is approaching 0.382 fib retracement level and moving towards 0.5 fibR level as Target 1. Once 0.5 is breached it will take support at 0.618 fibR level which is also a long term S/R level.
COALINDIA has formed a Morning star pattern near its all-time low price levels. The volume is also expanded for the day, which is implying a bullish move from current levels. However, it might test the low of the previous major swing which is at around 120 levels. If it breaks that level, a good up move is implied. Else, it will be continuing its downward journey....
Weak below 23490, strong above 23600. Multiple time frame Fib retracement analysis Moving average (20SMA, 50SMA and 200SMA) in multiple time frame.
I Have done A Analysis on line chat today , hope you guys will find it useful for trading Targets & stop-loss are already mentioned DON'T forget to check out the related ideas which I have posted down below FOLLOW & LIKE if works & COMMENT
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...
The present analysis is derived from 2008 and 2011 fall and historical retracement. . 12101: The last level until nifty can rise without correction based on previous fall analysis. . 10400: If correction happens this month then nifty might test 10400 levels which is a healthy retracement of 0.618 levels of fibo. . Retracement is imminent for a healthy economy....
SBICARD gave a breakout after consolidation from last two weeks. The volume is also good for the day, it can make a good up move from the current levels. Cheers! Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
long above 650.5 if BO with good volume support near 562 which is also a 78.6% fibo level
Nifty looks to be forming ending diagonal Long near 11900, SL 11860 or intrady can go with SL 11880 Target 1 11960 which 0.5 Fibonacci then 12k again can be seen 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...
As explained in previous chart we were able to pin point Banknifty's down move. Downward wave four 4 was double zig zag correction which completed near 24404. We are witnessing now final Wave 5 impulse of leading diagonal and currently in wave iii which should extend 2.618=24785 to 25000. There will be sideways correction next may be till 23500-23300. Final...
today 8-Oct, 0.618 is seen a very crucial level and might be a price reversal here we can see that, @ 0.618 has taken a good support of the previous high's and as today it is resisting the level of 23100 as per my experience and study 0.618 has proved to be a good reversal point. This is my view and lets hope for the best.
50% retracement is called as the healthy retracement in an Up-move. POINT OF CONCERN :- 1.The formation of DOJI (Which may also seems the sign of a price reversal Move) BUT!!!!! 2.As we see in the next candle, buyers have pushed the price as soon as it came closer to 0.5%, hence hope is alive. So, lets see and hope for the best!
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...