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Fibonnacci

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.
NSE:WOCKPHARMALong
by UnknownUnicorn6396612
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
HShort
by UnknownUnicorn14549252
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 --------------------------(((((LIKE)))))-------------------------------
NSE:GRAPHITELong
by Niftydirection
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 ================================================================================== 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 : =================== 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). ========= Some Rules in trading system. =================================== 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)
NSE:NIFTYShort
by AstroAnalytica
How Support and Resistance of Fibonacci Levels - Pidilite IndJust posted chart for learning purpose, please note the retracements levels bounce from key levels. How stock behaves at key levels marked to form price action on downside when the latest swing was marked using fibonacci retracement After Forming W Pattern at bottom, confirming through RSI Divergence, 1) First Retracement to 38.2% levels, then came down 2) again found resistance at 38.2% levels 3) third time broke 38.2% level as it got weak and got resistance at 61.8% level 4) Retraced to 50% level and bounced back to break 61.8% level (perfect price action) 5) Formed double top pattern at 78.6% 6) stock fall downside back to 38.2% levels and retraced to 50% levels (perfect price action) 7) Again retracing and finding resistance at 38.2% level Happy Learning
NSE:PIDILITINDEducation
by kapilvaidya1