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Fibonacci Retracement

Chambal Fertiliser Weekly ChartChambal Fertiliser Weekly Chart Breakout Possiblility Chambal Fertiliser Breakout will be possible if this Stock Closing above @291.50 on weekly chart and sustain. :: Data Point :: Breakout Level: @291.50 Target 1: @312.00 (Fibo 23.6% Level) Target 2: @350.00 (Fibo 38.2% Level) Target 3: @382.00 (Fibo 50.0% Level) Stoploss: @260.00 It can be decline if Stoploss Hit, then it would come down towards Support Zone approx @207.00 Note: -Price traded above 200 EMA. -Good Volume showing in Weekly and Daily timeframe. -Decending Triangle Pattern happend.
NSE:CHAMBLFERTLong
by sandipdutta1983
Dow jones Look Good for Short* All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. * Back test yourself before jump into live market consult your financial adviser and use proper risk management. ------------------------------------------------------------------------------------ Mini Dow jones Level's ------------------------------------------------------------------------------------ SMC Selling area is near 34906 - 34930 And Short Area is 34906 Below this level 34765 free fall will start. ************************** Target down side ******************************** Trade : Sell between 34906 - 34930 SL will be 120-130 Points (35033) Target will be downside : 34680/34599/34483/34400/34311/34225 ____________________________________________________________ Visit Us for more details and follow us for more Education Analysis ____________________________________________________________ Trading_Cafe24 Thank you :)
CBOT_MINI:YM1!Short
by Trading_Cafe24
Keep a watch on Sterlite Tech!Sterlite tech is looking strong as a positional trade. Recently, we have seen a good run in Birla cable as well which is a competitor of this company in manufacture of optical fibre cables. Stock can be added at CMP or on dips till 155. SL is below 140 WCB. Minimum target is 200. Above that stock can go till 235, 280 which are the fib levels as well as strong supply zones. Today, stock has shown good buying with volumes bouncing from a strong demand zone of 145-150 with a short term trendline breakout as well. Keep this stock in your radar. Idea shared only for educational purposes!
NSE:STLTECHLong
by chartistamey
DILIP BUILDCON - 210% RETURNS!!!BUY - DILIP BUILDCON LTD CMP - Rs. 168 Target - 1: Rs. 305 Target - 2: Rs. 389 Target - 3: Rs. 526 . . Technicals - 1) Bullish Harmonic Pattern - Navarro 200. 2) Targets set using Fibonacci Retracements. . . Fundamentals - 1) The stock emerged to be the lowest bidder for a highway project worth INR 7.8 Billion. This may be justified by the fall in quarterly profits or the lack of funds required for taking on the project. 2) However, their annual profits have been consistently rising, and the new Budget for FY 2023-24 supports infrastructure companies, indicating a rise in profits. . . Follow me for more!
NSE:DBLLong
by nilakshgupta
Samvardhana Motherson InternationalHello & welcome to this analysis A rank outperformer from its listing back in 1999, stock has a history of doing deeper retracements and then following it with much stronger rallies. Currently in the monthly time frame its forming a cup & handle pattern that suggests accumulation for yet another strong upside. However, in the short term it could see a dip if current support levels are broken. Overall a strong stock in lower time frame consolidation/correction. Happy Investing
NSE:MOTHERSON
by Dinesh_C_Nagpal
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