Crude oil futures ( 13/07/2023 )Crude oil Future ( Next week Contract )
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For " long "
entry: 5950
target: 5970 / 5990
stoploss: 5920
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For " Short"
entry: 5900
target: 5855/ 5755
stoploss: 5935
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enter only if market Breaks " No trade zone "
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wait for proper reversal and conformation.
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don't be aggressive.
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refer old ideas attached below .
Fibonnacci
SGX NIFTY- Above 18k Inverted H&S Breakout!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 the Chart which is approx. 18950
On a Further Note, Price has also cleared all the Overhead Supply in the form of Anchored VWAPs and so the Path is Clear for SGX NIFTY to rocket upwards!
Stop Loss/ View Invalidates below 17600
Prediction for Bank Nifty's 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 42,500.
According to Najoomi Ji's astrological analysis, the current period is favorable for the stock market, but there could be some turbulence due to Saturn's transit in the seventh house. Based on his Fibonacci retracement analysis, Najoomi Ji predicts that Bank Nifty will reach the 41,200 levels, which is the 50% retracement level of the recent decline from 43,800 to 38,600. He suggests that the market will then consolidate and dip slightly to around 40,500 before resuming its upward trend towards 42,500.
While there are risks involved in any stock market prediction, Najoomi Ji's experience and success in the field suggest that his approach is worth considering for traders and investors. However, it is important to note that the stock market is notoriously unpredictable, and unforeseen events can impact its trajectory. Overall, Najoomi Ji's unique approach to predicting the stock market's movements using astrology and technical analysis has gained him a reputation for making accurate predictions, making his insights valuable to those interested in exploring different methodologies.
Nifty Day Chart Analysis - 25 Aug 2022On 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 nifty will correct from these levels.
Analyse by Using
Support and Resistance
Fibonacci Retracement
Kagi Chart
Candlestick Chart
BEPL | Excellent area of value - Weekly chart also attachedBEPL | 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
Bank Nifty Intraday for 18/01/2022Here, Bank Nifty if it breaks the trend we can take scalping entry at the retest of the trend line.
and 38536 if the 0.6 Fibonacci level and we can book profits there and we can wait for a break out of that level and take entry a long position.
and in case Bank Nifty breaks down the as the 38084 level then we can short for a short position, this level is Fibonacci 1.27 extension level of recent impulse
37946 is the key important support for Bank Nifty for Tomorrow.
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DISCLAIMER:- This Channel Is For ( EDUCATIONAL PURPOSE )
VOLTAS LONG AT CMP - TARGET 1070, SL 980VOLTAS currently trading at 1015 is at both fibonacci support and also previous support zone. Buy 50% of the position at 1015 remaining 50% if dip comes to 1000 , SL is 980 on closing basis.
The idea is for trading in cash segment with defined risk. Qty should be adjusted based on risk specified.
PS: The idea is purely for educational and research purpose, I am not sebi registered advisor.
NIFTY | WHAT AFTER ATH?Nifty is just 50 odd points away from its all-time high and expected to face resistance in the 15440-15600 zone. As it's an uptrend, Buy on dips would be the strategy and we can refer to Fibonacci Channel levels.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
CLASSIC BULL CUP & HANDLE FORMATION IN WEEKLY CHART.Wock Pharma is a global pharmaceutical and biotechnology company with most of it's revenue coming from europe.
With Pharma Industry Booming Wockpharma weekly chart indicate a Classic bullish Cup & Handle Formation.
Supply Zone has been breached with good volume.
600 is in Psychological Resistance Zone.
Targets are marked in the charts as they are important fibonacci levels.
Keep an eye for these levels as weakness may occur. One can book partially and trail SL or book completely depending on your risk appetite.
P.S Education Purpose Only.
HDFC Shortif the price approaches the support and breaks out with a low momentum then it can go down by the given price range(appx.)..previous price action is in a range but mostly inclined to downwards and also the price is below 20 50 and 200 EMA . It is a stock for short selling .If u carefully see the price has formed an inverse cup and handle pattern and previous price action also suggests multiple price rejections so there is a high probability that the price can go to the previous swing low if the market or the sector is bearish tmrw..for intraday u can use pivot points and take a target till 2 pivots ...totally my view any suggestions are highly respected. it also respects fib.
if the market is bullish let it break an imp ema like 20,50 and then take a target till 200 but the probabiltiy for that is less keeping in mind the previous price acton
s/r are made using fib
ACC CAN CONTINUE ITS BULLISH JOURNEY ABOVE 1660 ACC CAN BE HOLD ABOVE 1660 LEVEL
IT FORMED AN INSIDE BAR BULLISH CANDLE IN 1W TIME-FRAME, THAT IS BULLISH SIGNAL
IF SUSTAIN ON THAT LEVEL, THEN POSSIBLE TARGETS ARE: 1700 & 1750
NOTE: THIS ANALYSIS TIME FRAME IS 1W,
THAT CAN GIVE RESULT WITHIN 3 TO 6 MONTH.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Graphite Ready For ActionGraphite impulse wave count gave trendline breakout with volume wave 3 target 400 and wave 5 would be 450+ long at current price 211 or dip towards 200 with STOP-LOSS 160
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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NIFTY Positional View for 4th August 2020All values are for NIFTY AUGUST Future values and NOT Spot.
Current position is SELL sold on 29 JULY 2020 at 11249.38
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Action for 4th August 2020: Continue to hold Short and reverse to BUY if NIFTY closes above 10987
Profit as of now 333 points
NSE:NIFTY
Will update Trend change timings for Monday at a later time . Thanks guys for the likes and high views (500+) of Fridays idea on Nifty .
Please provide any feedback and ask questions in comments if you want to know how this swing numbers is to be used.
Use a Heikin Ashi Chart and 1 min chart for Intra day Trading
Past Performance :
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1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL :Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
Current open SELL position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
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Some Rules in trading system.
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1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)