We need to wait and watch the fib levels will be respected or breakout. Its going to be interesting to watch cause the market is at crucial resistance. Multiple time frame shows bearish sign and reversal
I believe that from now if the cloud breaks below 1171 which is 38.2 Fib level, it should reach at least 50% Fib level which is 1127 which is my First target with 61.8 and 100% Fib levels as second and third targets. As long as it hovers between 23.6 and 38.2 Fib level, I will not worry much. So currently waiting for this stock either to break down or up and...
This chart is showing great resistance and if cloud breaks to downside along with the break down of 78.6 Fib level i.e., 627 by tomorrow, we may expect to reach the price at least to reach 61.8 Fib level. I do not consider trading this short trade for a long period of time as I believe that this script is in a strong up trend.
Taking a long would be an ideal situation though the uptrend is not confirmed because the chikou span is still in the cloud, but if you trade you can take trade with a small stop.
After a consolidation, NIFTY started its new uptrend. 8425 is first target, 8548 is second and 8723 is third target. Happy trading.
Ichimoku Conversion Line(3,7,14) >= Ichimoku Base Line(3,7,14) Ichimoku Span A(3,7,14) >= Ichimoku Span B(3,7,14) Close >= Ichimoku Cloud Bottom(3,7,14) Close >= Parabolic Sar(0.02,0.02,0.2) Rsi(10) >= 20 StochRsi(10) >= 20 Cci(10) >= 0 Mfi(10) >= 20 Williams %R(10) >= 80 Close >= Ema(close,14) ADX DI Positive(10) >= ADX...
ichimoku is a TRADING VIEW INDICATOR based on trend following system designed to help traders enter the positions at decisive points in the trend. ichimoku ⚡️works on all types of Charts and Time Frames. Sumitomo weekly
Ichimoku cloud has signaled sell on both 15 & 30 minutes chart. Sell around 11808 & 11835 with stop loss above 11880 for target 11720 (38.2% retracement) * 11600 (50% retracement and Daily ichimoku cloud support).
Ichimoku TS KS broke in 15 mins and once it breaks the cloud and price structure, we will get the confirmation. We have shared our higher time frame view earlier today - please check: Entry : 24280 (in case of gap down opening below this level, wait for a small pullback near TS in 5 mins) Stop Loss : 24417 Target : 23770 Disclaimer: We are not SEBI...
Ichimoku Cloud Broken Price Retraced After Good Upmove All The Leading Technical Indicators Positive Cement Stocks In My Buying Scanner Buy Ramco At Cmp 902 SL - 860 ( Day Closing Basis ) Target - 1055/1135
Ichimoku and MACD show bullish and it will be reached the target in 2/3 sessions.
Ichimoku cloud bounce on 1 hr 4 hr 26 ma bounce and on 1 day 9 ma bounce
Ichimoku, MACD are in bullish zone. It will increase more. Entries and targets in the chart
Cloud Breakout successful with good volume looks good for 82.30 which is our resistance level if its breaks the resistance then our target is 100