On Daily Chart Stock has Given Breakout on Cup and Handle Pattern and now the Stock has retest those level with green candle close.
HUL is nearing its support zone of 2370. If it crosses below 2370, expect a fall to 2143 levels. Resistance levels are clearly shown in the Fibonacci extensions.
SAIL just crossed the golden ratio, believed to be sailining like a rocket in near future
The stock has retraced to 0.618 of the Fib series from its all time high of 418.35 which it reached on 30th May 2023 and has been falling continuously to touch a low of 243.90 on 9th Nov 2023. Thats a drop of over 41% from its all time high. The stock is finding support at the current levels which happens to be the Monthly and Weekly Instutional Buy Zone and also...
Expecting a rally till 770 1st followed by 800+ Good buying seen in railway stocks, some news incoming this month. Might be a hero trade of this month. Looking at price action, thinking of buying some otm opts
Lets analyse a stock with wyckoffian 3rd law ..... ..........Volume is the EFFORT and Spread (Price) is the RESULT ............. someone just looking at only price and ignoring ........VOLUME ............ HALF the data thats available for analysis Wyckoffian 3rd Law also gives importance to HARMONY...
Tata Power long above 241 with SL 215 target 270-285-300 by year end 30% return. Fibb 1.618 level. Even long term it going 450 (fib extension 1) by next year and 600 (1.618) by 2025. For educational purposes. In my holding, I might be biased.
RETRACEMENT DONE IN BANK NIFTY Bank Nifty Trading in 50-61% FIB RETRACEMENT ZONE Short Triggered in BankNifty MIN 750 POINTS FALL EXPECTED TARGET 44000 - 43900- 43800
Bank Nifty prediction Banknifty travelled 900+ points on short side currently on support level 45350 300 reversal expected till FIB 61% level (45900 950 ) from FIB 61% again selling will start sharp selling below 45350 300 target 45000 44950
Crude oil Future ( Next week Contract ) . For " long " entry: 5950 target: 5970 / 5990 stoploss: 5920 . For " Short" entry: 5900 target: 5855/ 5755 stoploss: 5935 . . enter only if market Breaks " No trade zone " . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below .
Attached: SGX NIFTY Daily Live Market Chart as of 27th April 2023 Price has put in a Clean Inverted Head & Shoulders Breakout signaling further Upside from here and BULLs in the Driver Seat! I have used Fib Extension Ratios of 3= 1 3= 1.272 3= 1.618 to get Upside Targets for this Rally The Inverted Head & Shoulder Measured Pattern Target comes at Target 2 in...
Najoomi Ji is an astrologer and trader who combines astrology with technical analysis, including Fibonacci retracement and pitchfork techniques, to make accurate predictions about the stock market. Najoomi Ji recently made a prediction for Bank Nifty's future, stating that the index would reach the 41,200 levels, consolidate briefly, and then move towards...
On the Candlestick and Kagi Charts the level of 17490 is an important support, also the Moving Average of 20 periods is at 17484. So, If Nifty gives a breakdown of 17490 then it will test the levels of 16921 (38% of Fibonacci Retracement). The next support is on 16800. The range of 16920 to 17490 has many gap up openings. The overall setup of charts indicates the...
BEPL | Excellent setup - Short term looks 20-30% CMP : 124 (Dip : 120) SL : 115 Target : 145, 155 1:4 risk reward setup for first target Weekly chart looks potential for 70% - I'm visualizing Cup & Handle making, reversing from 200 EMA + Fib + Strong demand zone
PENIND | Channel breakout - Looks potential for 25-40% CMP : 43 (Dip : 40) SL : 36 Target : 50, 57 Second target calculated based on Fib extension
M&M | Simple trendline breakout - Looks potential for 15% CMP : 840 SL : 700 Target : 960 1:3 risk reward setup
MCX | Trendline + Flag breakout ahead, looks potential for 25% CMP : 1450 SL : 1380 Target : 1750 1:4+ risk reward setup Target calculated based on Flag length + Fib level.
NIFTY | Looks good for 250-300 points rally (Can try 17500 CE) Spot Levels : CMP : 17280 SL : 17180 Target : 17550 Option Levels : NIFTY 17500 CE (April Expiry) CMP : 55 SL : 20 Target : 120, 180