BankNifty has been trading near the support of Rising wedge pattern (a reversal pattern). It has been facing the resistance at the 38.2 Fib levels from the past week. If it heads for correction its likely gonna find support at 23.6 Fib level, which is near 20000. Cheers. This is as per my analysis, please do your own analysis before doing any trade/investment....
BASF is sitting just below a crucial support at 1280 on its fall. Sell below 1265 for 1240 (50DSMA), 1225, 1210, 1200 with SL at 1280 Disclaimer: These are NOT trading advice! The intention is to gather feedback on them, so please drop in a comment if you find areas of improvement. & If the idea makes sense to you - like it & share comments :)
Volume breakout and start of 3rd wave on weekly chart. Long between 190-175 STOPLOSS 150 on daily closing basis. Targets 226-250(easy target), 300-310(third wave target) ,350(fifth wave target) Disclaimer: Do your own study or ask your financial advisors before investing. Actual movement in price may vary stock to stock.
VBL is showing strong momentum. Currently it's in the 4th Wave of an Elliot Impulse structure. The 38.2% Fib Retracement also coincides with a long term support at 676, which should serve well for the end of wave 4. Taking wave 3 level as a basis for minimum up move, that puts the target at around 750, which is also where the upper trend line converges. Next...
This is a long term view, It is in uptrend in Daily TF, So there is a chance for failure Downtrend in Monthly TF Fibonacci Extension reached 1 and showing resistance Fibonacci Retracement reached 0.618 Earnings results expected on July 22 @-2.85 Probable target Entry point
There are two main buy signals: 1. 100 HEMA pullback 2. 50% Fib Retracement Should be a good long trade above 2026 for targets of 2040, 2065, 2080, 2100 with SL at 1998 Alternatively, if NIFTY continues to be bearish will look to Scalp below 1990 for 1950 & subsequently 1925 (200 HEMA) with a 10 point trailing SL.
Hey Guys! This is my First Post on Trading View stick to the numbers. Support if you make a profit.
PVR has triangle breakout and retraced 50% now hurdle at 61.8 to cross for upward move.... RSI is taking support of trendline... Targets on chart...
Buy at CMP for 88, 89, 90 with SL at 87. Keep trailing SL as Earnings Release can lead to large upward movements. Please adjust for Future Prices. or Go Long on Aug 90 CE
Aurobindo Pharma postional target its travels in uptrend channel.. Past few days.. its retest the fib level and continue is uptrend
The stock has been range bound. The last two sessions particularly have seen it reverse between the levels marked. So this sub-range breakout may be on the cards (or not). The stock has taken support from the trend line since March & the trend line support is at 50.5. The Fib retracement levels are drawn on chart - for detailed analysis of it, please see the...
hpcl is at Fibonacci support, stochastic cross over happened and RSI waiting to cross 50. if it happen good for short term
Stick to the plan As per the plan now 1455 is strong support until there is any bad news in the market buy on dip especially near 1452-1447 break-out and a long spike after price 1504 Tip: follow the channel