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...
VINDHYATEL has been trading near the lower end of the channel, as well as near 61.8 Fibonacci level. Further, it also has been trading near the 200 EMA. If it breaks the support zone, it may take the support on the two-year Trendline(have a look at weekly chart) before starting to rally in the upward direction. It may confirm either of the possibilities in the...
NSE:PEL (FOR LEARNING PURPOSE) Price Increasing on contracting volume Possible Retrace down could happen before rallying up Entry for Short - MARKET Target - 1300 Entry for Long - BUY WHEN PRICE RETRACES TO 1300 ( ON VOLUME CONFIRMATION) Target - 1630
Looking good above 356 levels FLAG+FIBO
Based on trends and levels.
Nifty Analysis: 30 September'20 On the daily charts the index has created an Inside Bar. Last two trading sessions clearly suggests a consolidation post the recent 2-day sharp bounce back. The index is essentially tired and buying time before the next directional move. 11,200-11,300 is the obvious short term range for the index, which it needs to clear to set...
HAL has been facing resistance from 200 EMA from last few sessions. If it closes above the resistance level today, A potential up move has implied. (As volume for the day is already greater than the last 20 day average volume). Cheers! Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
Bajaj Holding looking good buy at 2490 With SL 2378 Target 2695 and 2845
DISCLAIMER:There is no guarantee of profits or no 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 investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial...