The support of 0.68840 proves to be a tough nut for the bears. After bouncing back sharply twice, the pair was under the cloud of a bearish trendline for 5 months, which has broken now. Also, the pair found support at 61.8% of the previous rally, which is a strong bullish sign. Hence, we expect the trade with bullish bias. The next levels to watch out for are the...
Nifty Exactly Touched Fib-Level On Daily Chart, Retracement of Last Fall Nifty Retraced to 1.618 times Level 11444 & Closed below this Level If fall here, we may see Profit booking from here till 23.6%= 11274 38.2%= 11142 50%= 11036 If give Breakout above 11444 Next Level can be 11972 Disclaimer: Only For Study Purpose View.
NSE:NESTLEIND is taking support at 61.8% of the recent move and also forming classic ABC pattern. View is bullish for the short term.
After the FALL the recovery rally halted at exact 61.8 % retracement OVERBROUGHT Indicator and Strong Resistance line supports our Analysis
WOCKPHARMA looks like reversing from its support zone Long close above 429 for 449 and 469 or if it retraces towards 409-405 then long with SL 389 (CBS) Please follow the Fib levels for more details and levels looks like good entry for cash-positional Pharma sector too looks positive
INDUSINDBANK is following the fib levels. close above 1525 will take it to 1548 and then 1576 1490 is a good support level Option Play- Long 1520 call and short 1560 call ( March Series) RSI close above 58 is more positive
TATASTEEL facing resistance exactly at fibonacci (513). Will it break up or will move in uptrend double top? If it breaks up target 535 If it moves down target 490
Short EUR/USD @1.13607 StopLoss = 20 Pips @1.13807 TakeProfit = 20 Pips @1.13407
INDUSIND BANK, WEEKLY smells bearish my target 1400
The stock is moving in parallel channel and it is likely to test fibonacci level 78.6% (Rs116.5) and then retrace to 61.8% Aim for a target of 1. TGT 1 - 105.9 (fibonacci level - 61.8%) 2. TGT 2 - 102.3 SL - 120
Raymond might see a bounce back from over sold level. Good candidate for short on rise. Short with stop loss above 726 for a target insight 669, 626 or may be lower Use Stop loss
NSE: PNB Housing Possible long for 1037+ Trading above 50% fibo level and acting as support Possible long at current level with stop loss @ 824 Target insight 963 & 1034 + in short term Break out above 1000 level will push prices rapidly higher Break below 824 will bring more downside Use stop loss and trail stop loss Time frame 4 to 6 weeks
Good risk reward ratio call based on Harmonics and Fibbo Retracement Gave superb returns Bought at 448 Want Real-time calls? Harmonic based Intraday and short term FNO calls with 85-90 percent accuracy Send me private message on Tradingview t.me
On comparing nifty with three indicators, the result is as follow 1. Fibonacci retracement of 61.8% is at 11085, which should be our next target over one month period. Its testing 50% level of 10880, once taken out we should see sharp up move. 2. Trend lines - We have been in range with support at 10800 and since nifty already tested it multiple time should move...
Nifty has respected 10640 levels and bounced back to 10725 levels Now above 10725, 10790 & 10840 possible. And close above 10860 will take it to 10930 & 10990 10600 and 10500 are good support levels
Stock trading near Trendline and Fibonacci support zone..
Reliance looking good to buy above 1101 for 1109, 1116 and 1124 Good Support seen around 1075 1080 levels Follow the Fib levels for more details If its sustain above 1135 then 1148 and 1172 also possible around results this month
STAR above 470 will be good for 484, 493 and 502 and more support is seen at 450 levels follow the Fib levels