" Retracement and Reversal " showing perfect UP trend with " 1. No Retracement ". One clear "Retracement" seen with " 2. Single Level Retracement " and then again up up up.
Likely BN has started its rally from 18824 lows & has an impulsive look- In today's session, let us get some retracement in the zone 19300-19350 where it should not overlap 19240 which is laxman rekha for me-otherwise I will have to do analysis again. Trading Strategy Let us look for retracement of 38.2 % to 50% of the rally from 19000's lows to 19512 which...
We have used fibonacci retracement tool to check the retracement of price. The price has reached 0.382 and once cross this, we can see change of trend. We can also see the EMA20 about to cross EMA200, which will show bullishness in the stock. The fibonacci at 0.5 level, 0.618 as resistances, and on crossing each resistance we can see price moving up. Other...
BSE Stock 78% Retracement | Elliot Wave ABC Correction Chart patterns Trendline Breakout than Retest. Fibonacci 78% Retracement Price Above 200 & 50 EMA Bullish Reverse Divergences Elliot Wave - BSE stock seems to be a Long in the short term because it has done ABC correction after completing the 5th wave. Right now the 1st and 2nd wave have been completed. The...
In the latest 4-hour chart for EUR/USD, the price action indicates a potential retracement following a recent bullish surge. The Break of Structure (BoS) suggests a shift in market sentiment. Look for a retracement towards the Fair Value Gap (FVG) zone at the 1.0860-1.0880 level for possible buying opportunities. Monitor price action closely in this area for...
In the chart of "PROTEAN," a Bullish Flag pattern has emerged, suggesting a potential continuation of its upward trend. The pattern is characterized by a sharp upward move (pole) followed by a consolidation period (flag), forming a rectangular shape on the chart. The entry point for this pattern is identified above 1466, indicating a breakout from the...
Looking at the Daily chart we saw a good recovery last week followed by some indecision this week so far. Prima facie , we see exhaustion at a strong resistance zone with 2 doji's - the second doji made a lower low and lower high. Even the 15 min chart got weak towards end of day. However, going deeper, the microscopic lenses draw attention to the volume which...
Panasonic Carbon move after retracement It has been a slow runner and with breaking the downward triangle on the up and retracement , it has started with the move to break the previous high that was there. So with current moment it can show some good move of levels of 540-647-757 if good volume is seen. Its with the base of 492-434. No recommendations, just my...
Gold has continued it's Bullish momentum as mentioned in previous Idea post. From 2080 to 2130 we had anticipated the move, before the retracement begins, But Gold has surpassed 2130, that makes a case for further Bullishness opening 2150 2200 Although it is little less likely for Gold to Zest past 2150 without some retracement, But JOLTs and Powell could make...
APOLLO HOSPITAL AT ATH RETRACEMENT ZONE fundamentally strong technically at ATH retracement zone for mid term stock. Health care going to be improved in India and this is the main stock to benefit. it is a growth stock as per valuation little high as per PE and PB multiple.
Nifty Pullback Or Retracement ? Hi Traders good morning hope all are you fine and enjoying your morning's Tea or coffee with scrolling Trading view ideas for taking a view on Nifty so it's a weekly chart of Nifty i am sharing today which i want to execute on the daily candle above or below close on provided levels, Taken weekly chart because want to cover more...
Reason for short a) retracement or consolidation is due b) 2 day low break c) SL compulsory d) There is a possibility to touch 20000 or 19870 level as retracement and may close higher by forming new high by the end of Sep month or 1st week of October . e) The retracement may be fast and consolidate at 50% zone. SL compulsory
Hello friends I am sharing the index Nifty daily chart for educational purpose so that is why I am more focused on learning from this chart than trading, So as we can see that after hitting a all time high which was 18887 it is coming down following with a clear down trend we can see on daily chart and now current price is 17465 is stood below a good support...
Nifty broke weekly low - retracement on 17700. Todays volume were higher than previous couple of days. Vix was high quite high but then only closed 2% up signifying - fall will be slow. RSI gave indications when markets topped at 18400 levels. Market is missing strength. ATH may have to wait - 18.6k levels but 1st retracement till 17700 odd levels. Will strictly...
Nifty - weekly bearish candle after 4 weeks - Retracement on !!! Volumes dropping suggest fall coming and daily chart also confirms sell off in coming days as red candle followed post doji breaking the low. Only concern of confusion created today is market fell along with Vix. Low Vix or fall in Vix suggest low volatility/swing & stability. I'm strictly following...
Nifty - Doji on top broken - expecting 3% retracement/fall !!! Although Vix closed in negative, may be due to last 30 mins fall but expecting it to take support at 14 odd levels and shoot up. ATH may have to wait - 18.6k levels but 1st retracement till 17700 odd levels. Will strictly follow my levels and take trade. Keep a strict SL of 30 points. Also this...
Nifty Ready for retracement - Retest 17700 levels India Vix climbed 2% Retracement is pending if the massive bull to continue. Wait for a healthy retracement of 0.5 to 0.61 levels and one can create fresh position. We may have to wait a little bit for 18.6k levels. Will strictly follow my levels and take trade. Keep a strict SL of 30 points. Also this...
34000 Will Act as Strong support Zone Retracement till .38 or .5 Fib level will be a healthy retracement for further downward movement BNF has been trading in Range and With volatility for last 2 Trading sessions Which makes it high probable trade on long side with directional move till gap filling Idea invalid Below 34150