STRTECH is trading at demand zone and looks a good buy from here Buy 174 (CMP) SL1 157.7 SL2 138.8 T1: 204 T2: 234 Follow fib levels for more targets
Reliance has taken the support at the demand zone and made reversal candle. Its in 3-Inside Bar range hence Buy would trigger above 1279 for 1299 and 1319 and 1339 with SL 1245.8 This may help Nifty to take to 11475-11500 level which would be a trap zone
AROGRANITE is showing accumulation at its weekly demand zone. Close above 54 may take it to 62, 69 and 75 with SL 44.8
Coalindia taking support at Fib ratio. Buy 236 for 245 and 251 SL 228
BINDALAGRO is at monthly support level. Buy at 15 for 19.9 and 23 to start with SL 10.5
Fin. Retracement 61.8% at 11080. Previous Highest High(b) at 11100. Important level 10985, is at Lowest High(a). At the expected excess-4, where trader's attraction will create for long.
M_M is showing reversal sign and demand zone. The support is crucial breaking which may cause significant fall in the stock Buy above 630 for 646.4 , 655.5 and 666.6 SL 614.4 Looks good for positional long term
Metal sector is heavily affected by the conflict between US-CHINA. Demand of metal has been heavily dropped in china. And we can't see any upward move for this sector until and unless everything is sorted. Short Tata steel as it is moving towards strong support and no chance for getting upward. #Illuminati
Stock should have bounced after touching lower channel line but fibonacci retracement level of 61.8% is acting like strong resistance. For me stock becomes potential buy if it breaks 61.8% level, lets hope so. Jai Hind.
FDC is looking good after a big Green candle One can buy above 175 for Target 183 and close above 183 will take it to 191, 202 and 209 SL 157.7 Risk reward is better with Target2
SWELECTES is giving break out on daily chart One can buy around 245 for target 265 , 274 and 283 SL 218.8 Follow the fib levels as per chart
Britannia has just hit it's long term support trend line and stock has always respected it in the past, plus there is contraction in price movement confirming to triangle. Stock is consolidating about 38% fibonacci retracement level. All factors are indicating a big potential move. Jai Hind.
Weekly Supertrend in the green = Long Term Trend Up Daily William%R bouncing from oversold zone = Short Term Pullback Over Stock taking support at Trendline and near 50% Fibonacci Level = Demand Zone Bullish Engulfing Candlestick Pattern = Strong reversal sign Buy with a stop at Rs.189.50 for a target of Rs.213 and above
just after completing a "M" pattern dollar moves like a jet plane towards channel top. beware when it reaches 61% fib..max tp should be channel top.
Although most of indicator beginning signaling a oversold, Hull MA almost cross down into a bearish trend for a while.. i keep an eye for fib 0.382 for the possible good support around 1300 satoshi .. if it's break high possibility a downtrend keep persist. There's also a possibility for the price action try retest 0.618 horizontal fib level before to decide...
Hi Guys, As you can clearly see in the chart, Brent is entering into the resistance area and also retraced 61.8 percent. it might fall from here after consolidating for some time. wait till it comes out from the area and short when it comes back to retest. good Risk reward from here in the downside. Not a financial advice.
Weekly Supertrend in the Green = Bullish Daily William%R bouncing from oversold levels = Pullback done Bouncing back from near 50% fibonacci levels = Bullish Support taken at an old support and resistance area = Demand zone More than 7 times the average volume = Bullish Buy with a stop loss at Rs.59.50 for a target of Rs.70 and above
Weekly Supertrend in the green = bullish Daily William%R coming back from oversold range = bullish Stock bouncing back from near 50% retracement level = bullish ADX above 30 = momentum Buy with a stop at 569 for the target of 700 and above